Sudden loss of brakes! (disk brakes)

Bonjourno,
So I was riding today with a mate through the New Forest, through mud and puddles that just covered anywhere we wanted to go! Anyway, about an hour into it and we were coming down a nice gradual slope back onto the main road in which we needed to follow for a while to get home..
About 30 metres from the road, and travelling at some speed I decided it was time to stop and used the brakes lightly to come to a slow stop.. Unfortunately, that wasn't the case and there was nothing coming from the brakes!
Not an ideal situation but I managed to avoid a car and hop my way onto the road to then slowly come to a stop..
I tried to tighten my brakes with the adjusters on the levers however only the front one made any difference but was still very slow to bring me to a stop..
Does anybody know what this could be? Unfortunately I'm not too savvy on the old mechanics of a disk break so it really could be something simple which I'm overlooking..
Thanks!
So I was riding today with a mate through the New Forest, through mud and puddles that just covered anywhere we wanted to go! Anyway, about an hour into it and we were coming down a nice gradual slope back onto the main road in which we needed to follow for a while to get home..
About 30 metres from the road, and travelling at some speed I decided it was time to stop and used the brakes lightly to come to a slow stop.. Unfortunately, that wasn't the case and there was nothing coming from the brakes!
Not an ideal situation but I managed to avoid a car and hop my way onto the road to then slowly come to a stop..
I tried to tighten my brakes with the adjusters on the levers however only the front one made any difference but was still very slow to bring me to a stop..
Does anybody know what this could be? Unfortunately I'm not too savvy on the old mechanics of a disk break so it really could be something simple which I'm overlooking..
Thanks!
My Current Pile o' Junk: http://www.bikeradar.com/forums/viewtopic.php?f=10017&t=12882511
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got any pads left?
Parktools :?:SheldonBrown
Hydraulic or cable?
The level comes all the way to the bar and there is the very very slightest amount of friction on the disks.. It's strange because it was only today that it's been like that, and I don't think it has been declining in efficiency, more a sudden drop!
Parktools :?:SheldonBrown
Thanks for that, will have a little look and see what I can fiddle with..
Nick, not sure at the moment.. I had a little look online and it says thats the main reason for this kind of thing, so I'm guessing theres minimal pad left
Google fails me for the first time! Okay, well I'll have a quick look on YouTube/Google as to how to go about it and give it a go tomorrow..
Thanks again..
Sorry for the late response.. The callipers are TekTro IOX..
I had a little look at what actually moves when the brakes are pulled and it seems that only one side of the pad moves, and it pushed the disc against the other pads to add extra friction.. I don't know if this is how it's supposed to be or whether both are supposed to grab each side of the disc like a V brake on the rim?
Extra info would be greatly appreciated!
Thanks for that, do you know if it'll be a screw(or hex key) that sorts this on my type of calliper? Also where this screw might be located?
http://www.tektro.com/_english/03_support/01_download.php
So I'm looking for a big bolt! Haha, nah I know the one I need now! Thanks very much for that!
Thanks for all your help though
Thanks for your help.
Don't know how they managed to do it, but having the right tools and knowing what to do probably helped a bit!