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.
Creditors and Time-Barred Debts. Many people are unaware that after a certain amount of time debt collectors can not pursue collection of an old debt. Of course this varies by State law, but the statute of limitations on pursuing a debt is generally between three to ten years. Old debts where the statute of limitations has expired are are called âtime-barred debts.â.