I have a Capital One Debt that I have not made a payment on since Jan 2008, after 5 years of trying to pay it the best I could. The account had been current for 3 years before that. The original high balance on the card was $4800. The remaining balance at the time of my last payment was about $3800. (Interest and fees killed it!). At this point, I have no assets or property left and my only income is Social Security and Pension. I have tried to offer Capital One Settlements three times. They refuse to settle for less than $3300 because that is the amount they say was originally charged on the card. They now claim the balance owed is $4200 because they say interest is still accruing even though they charged off the account. I have been able to settle accounts with 3 other credit cards, and have told Capital One that there is no money to give them! The money for the settlements I have made is coming from a family member. I had been receiving calls from NCOwhich began in March 2008, but after sending them a cease and desist I no longer receive any collection calls on this account. I just live in fear that they will one day send the sherriff to my door to serve me with lawsuit papers. Anyone have any ideas or suggesstions? I only have $1000 to give them.