I have an acct on my credit report, the original creditor was chase, opened in 2001, when I was 19 and too dumb to understand the consequences of not paying. The original credit limit was $1000, and unfortunately I let it get behind, and stopped paying in 2004 with a debt with a debt of $1800. the debt was charged off by Chase in May of 2006 with a debt of $2700. I stopped receiving letters from Chase, and believed the matter to be closed, as Chase had legally written off the debt. About a month ago I received a letter from unifund attempting to collect a debt. I sent a Validation letter and they replied within 30 days. They sent copies of two statements from Chase (which I don't remember ever receiving from chase in the first place). I was under the impression that they needed to send a copy of the agreement to repay debt from original creditor. They state in their cover letter that the account has been accruing interest since the time of charge off and I now owe them just over $3000. So, My questions are: Guest - has there ever been any resolution to your situation? Also, can my account continue to accrue interest after it's been charged off; what specifically do they need to send me as validation, and does anyone see any way out of this? I would love to honor the my commitment, but I simply don't have the money to pay this debt. I don't make a lot of money. I still haven't admitted any responsibility for the debt, would it be worth a try to send a pay for removal letter, for $500 dollars? Any advice would be much appreciated, Thanks.