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.
Medical Collections After 7 Years. Medical collections are reported to credit bureaus most frequently by collections agencies. These data are reported as derogatory items, and must age off your file after seven years from the date the account was deemed delinquent. It is a common a legal practice for medical debt to be sold from one collection agency to another. Each subsequent collection agency can report the same debt to the bureaus. When this occurs the collections account should appear only once, and the schedule for when the account falls off your credit report should remain the same. However, the handoff between the collection agencies is not always perfect.