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.
Youâre dealing with two different time limits here â a statute of limitations (how long you are legally obligated to pay the bill) and how long the credit bureaus can report it (seven years and 180 days after the original account went late). You can find more information here: Does Your Old Debt Have an Expiration Date?