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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Large UK Debt Buyer Looking to Get Even Larger

29 June 2012

California Committee Approves Fair Debt Buyers Practices Act

28 June 2012

The One Simple Secret to Better PR for Collection Agencies

28 June 2012

Two Debt Buyers Join Russell Indexes

27 June 2012

Executive Change: SquareTwo Financial Names Judy Messenbrink Chief Compliance Officer

26 June 2012

Debt Settlement Rises in ARM Industry as Operations Become Automated

21 June 2012

FTC Data: Most Collection Agencies Receive Only One Complaint per Month

20 June 2012

ARM Industry Helps Wounded Vet "Come Home Just a Little Bit More"

20 June 2012

SquareTwo Financial Canada Named One of Canada's Fastest-Growing Companies

19 June 2012

Debt Collection Stocks Enjoying a Pretty Good Quarter

15 June 2012

European ARM Firm Intrum Justitia Expands Long-term Borrowing Capacity

14 June 2012

Debt Buyer Asta Funding Posts Quarterly Cash Dividend of $0.02 Per Share

13 June 2012

Executive Change: Encore Capital Group Names Carl Eberling SVP and CIO

12 June 2012

How a Sunday Afternoon Phone Call Saved a Collection Agency's National Reputation

7 June 2012

West Virginia AG Announces Settlements with Five Debt Collection Agencies

6 June 2012

Debt Buyer Encore Capital Group to Ring NASDAQ Closing Bell

6 June 2012

Debt Buyer Asta Funding Repurchases 1 million Shares in Private Deal

5 June 2012

SquareTwo Financial Announces Launch of New Florida Partner, Federated Law Group

30 May 2012

Debt Buyer Encore Capital Group Named San Diego's Healthiest Large Company

25 May 2012

American InfoSource Acquires Bankruptcy Servicing Business from Encore Capital Group

17 May 2012