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.
When is Medical Debt Turned Over to Collection Agencies? Typically, hospitals and physician groups turn your debt over to a collection agency 60 to 90 days after the debt is past due. Medical debt may stay on your credit report for as long as seven years, even after they are paid in full. It is the most common collection item on credit reports, with paid-off listings currently staining the credit of more than three million Americans.