Trapped face-to-face with the Punisher, Daredevil wrestles with the morality of vigilante justice. Meanwhile, Foggy and Karen work to save the firm.
Now captured by the Punisher, Matt engages him in a debate about their vigilante methods while trying to plan an escape. Foggy and Karen deal with the aftermath of Reyes' trap, with Foggy searching for Matt and Karen pursuing their missing client. As the Punisher (now identified as "Frank") prepares to intensify his attacks on local gangs, Matt engages him in a series of heated arguments about the morality of their actions, culminating in each questioning and reaffirming their motives. Their debate culminates in Frank strapping a gun with a single bullet to Matt's hand and offering Daredevil a choice: kill him before he kills his next target, or do nothing so that he can get on with his "job." Matt escapes but cannot save Frank's target; at the same time, Frank executes his next attack on a local gang, with the members coming to kill them both. Matt captures Frank but he loses him when he is forced to fight off a swarm of attackers.