Im new to all of this stuff.
In November 2012 I was issued with a default warning letter from Capital one (then Cabot) for a balance of £270, which I tried to pay off at the end of the 30 day period on (xmas eve), but they did not answer their phones that afternoon (this is not a lie!!).
somewhere in the middle I called up and paid a tenner with the intention of paying it off weekly, but was so annoyed with the default that I just then ignored it.
6 years on (the default is set to 'expire' on 6th November ) and they are now asking for the balance to be settled at £190. 'Robinson Way' now own the debt.
What is the best way for me to deal with this.
I obviously do not want them to enforce a CCJ for another 6 years.
Should I pay the settlement price or the full balance?
Is it more sensible to pay the £190 since the default is to drop off my profile anyway?
Should I negotiate a lower price.
What do I need to be careful of?
Appreciate your advice.