Debt Buying News RSS Feed

A debt buyer is a firm that purchases debt from another company, usually a creditor or bank, at a deeply discounted rate. The debt purchaser then attempts to collect the debt through its own operations or through the use of a third-party debt collection agency. Some debt buyers may sell all or part of the debt to another party at a profit. Most debt buyers are small and privately held, though there is a handful of publicly traded debt buying companies. Recent changes in law and legal rulings have seen the debt buying industry regulated like collection agencies, or servicers of debt, rather than creditors, or owners of the debt. Debt buyers must adhere to the FDCPA.

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Think Tank Gets Bored, Decides to Rail Against Collectors

12 September 2006

Franklin Credit Announces New $40 Million Warehouse Credit Facility

12 September 2006

Barclays in Talks to Buy Stake in India Bad Debts Company

12 September 2006

Franklin Credit Management Reports Second Quarter 2006 Results

12 September 2006

Public Markets Increase KGI

12 September 2006

Telecom's Collection Arm Acquires Debt Collector and Debt Purchaser

12 September 2006

Asta Funding Sees Collections, Revenues and Income Increase

12 September 2006

Franklin Credit Announces Debt Modifications

12 September 2006

Large Australian Collection Agency Buys Debt Purchaser

12 September 2006

Accounts Receivable Management, Inc. Expands in Colorado Springs

12 September 2006

Asset Acceptance Reports Lower Revenue on Impairments

12 September 2006

New Rules Urged for Debt Collection Lawyers

12 September 2006

Investment Site Highlights Portfolio Recovery Associates Earnings Release

12 September 2006

Encore Capital Sees Earnings Dip in Second Quarter

12 September 2006

Kaulkin Ginsberg Celebrates its 15th Anniversary Serving Accounts Receivable Management

12 September 2006

Portfolio Recovery Associates Sees Increased Profit in Second Quarter

12 September 2006

Boston Globe Finishes Attack Series on Debt Collectors

12 September 2006

National Bank of Canada Acquires U.S. Debt Purchaser Credigy

12 September 2006

NY Firm Buys Unpaid Tax Bills

12 September 2006

Newspaper Goes After Debt Purchasers

12 September 2006

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