Capital One Charge off question

[Anonymous]

I noticed on my credit report that Capital One charged off my account in Jun of 2005 with the amount of $4,385 and that it is now showing that thebalance is $7,416 past due as of Feb. 2008.  After tehy charge something off isn't that the end of it.  They can not continue to charge fees ans service charges can they?  They also did it on another account of mine.  It shows $944 written off in Jun of 2005 but then $1,577.past due as of Feb. 2008.   Can they really do this?  And if not what can I do?

[modernsurrender]

Yes, sadly they can do this.

[sh9730]

However, IF they SELL the debt to one of the JDBs, then they must report a $0.00 balance.  This does not apply if they merely ASSIGN it to a CA to try and collect FOR them, but if they actually sell the debt they must report zero. They can continue to report it as a CO for the 7 years, and the new owner (JDB) can report it also, but ONLY as a collection account. Not an open account (this is a common tactic of JDBs).