The company pulled in $18 billion in earnings, grabbing a hold of 93 percent of the handset industryâs total measurable profits, according to a report from New York City-based investment firm Canaccord Genuity.
You have 30 days to dispute the debtâs validity. In the event that you donât dispute it within 30 days, the debt collection agencywill assume that the debt is valid. On the other hand, if you do dispute its validity within the 30 days, the agency must send you verification of the debt.
Normally, the collection agencyâs first letter gives you the following information (if it doesnât, by law it has five days from the initial contact to tell you): 1  the amount of the debt. 2  the name of the creditor to whom the debt is currently owed. 3  you have 30 days to dispute the validity of the debt.