I have a debt with clout visa. Now that they closed do I just forget about my debt?

Question

About 3 to 4 years ago, while a college student, I recieved a card from clout without me even requesting it. During those times I was experiencing some financial dificulties and I couldnt repay the debt. Now that I read they closed their doors Im wondering if I should bother paying the debt. Was it erased from the credit history?

Answer 1

When companies close their receivables are often sold off.

I would wait and see if you get a bill from anybody.

Answer 2

You still need to pay the debt.

Answer 3

The debt is owned by VISA, not 'clout.'

You still will need to repay it, only someone else will be administering the debt.