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Wheelieboy15

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if a original account sells to another are you still in a binding contract ?

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Yes and no.

It all depends on weather they actually did the job correctly,  When the transfer happened they were supposed to transfer all the documents for that account. Including the original signed contract.  If they have it then your still on the hook.  

Now, With that said,  If the account has been sold there are chances that the documents didn't make the transition. The is specially true if the account has been sold multiple times, Often these accounts are bundled and transfered and things don't get filed properly etc. etc. etc.  This is your chance to get the thing off your report for good.  

Remember NEVER contact the collection agency directly, Never answer their letters or call them.  Deal with the Credit bureaus, Let them be your go between, because if you contact them that opens another can of worms.  

"Validation Letter"  Google it for a template and read up on how they work.  Handwrite your letters, because computers can't read cursive and you want a human to see your letter.

Good luck  

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