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.
Statute of Limitations. When it comes to collecting a debt, creditors must abide by the statute of limitations laws. Each state has a statute of limitations on debt. If the debt has been in effect for longer than the statute of limitations, the creditor can no longer collect it.Statutes of limitations very from as short as three years to as long as 15 years.he collector then has 30 days to provide verification of the amount you owe. From that point, you have 30 days to pay the debt or set up a payment plan. After that, the creditor may file a lawsuit against you.