I had a Barclaycard some years ago, got into a lot of trouble and defaulted with a £3,700.00 debt. A new company has taken over the debt and is demanding that I pay. I have just called to work out some settlement figure and have been told that they will knock off £400.00!

I was thinking more in line of a full and final settlement of £1,000.00. How do things work after a CCJ has expired and can a new default be registered with this company against me if I do not pay?