DW has a CapOne CO. They will continue to own the account for quite some time. Unfortunately, they are sue happy and will often wait until the last second to file a suit. If they can't, then they will sell the account to another party.
When they send it to collections, CapOne typically (but not always) will be the only one reporting, even if a CA is involved. They will continue to add interest and will update the CR monthly with "CO", thereby adding a 90+ day late monthly. When they sell the account, they will report a $0 balance and stop reporting the lates from that point forward.
As mentioned, CapOne very rarely accepts a PFD, or even a GW. I sent at least 20+ PFDs to CApOne without any success (5x per month now). Maybe had 2-3 responses from those 20 saying that they are reporting accurately, blah, blah, blah.