"However, my question is if orginally my debt was 2,000 and now it is 700 at the end of the 6 years - would they re-register the default and it goes on again for 6 more years or can they only register it once? Of course I still need to pay off the 700."
****The six year rule applies to a defualt that has been satisfied "paid off". If you have an unsettled default, then this could potentially remain on file until cleared. Very much depends on the lender as to what information they report****