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.
Helpful to 1 out of 1 people. No rule when they send to collections (except it must be at least 90 days past due). When unpaid, the account falls off 7 years from the date it first went delinquent. So the original creditor probably gave up and sold it to a collector. The collector still has to use the first date of delinquency as the start date for the 7 year clock, so in another year it should be off your report completely.