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.
Each state has laws, referred to as â statute of limitations ,â that spell out the time period during which creditors or collectors may sue borrowers to collect debts. In most states they run between 4-6 years after the last payment was made on the debt.. Once you receive written notice of the debt, you have 30 days to request validation of the debt. Mail your request to the collector with a certified letter and simply ask them to validate the debt. You donât have to give a reason for your request. You can simply say, I dispute this debt, please validate it.