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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ARM Industry Helps Veteran Hear Again
16 May 2012
Executive Change: Jason Rolfe Promoted to Director, Investments Canada at Aktiv Kapital
14 May 2012
TV Station Bashes Job Creating ARM Firm
11 May 2012
Encore Capital Group Sees Earnings Slip on Impairment; Announces Large Acquisition
10 May 2012
Asta Funding Reports Earnings Decline in Most Recent Quarter
9 May 2012
ARM Industry Helps Veteran Stay in School
9 May 2012
Portfolio Recovery Associates Sees Gains in First Quarter of 2012
8 May 2012
Illegal Actions in West Virgina Taint the Important Work of Legitimate Debt Collectors
30 April 2012
10 Attorneys From SquareTwo Financial Partner Network Sworn in as Members of U.S. Supreme Court Bar
30 April 2012
Portfolio Recovery Associates to Announce First Quarter 2012 Results on May 7, 2012
30 April 2012
Asset Acceptance Reports Record Collections in Q1; Earnings, Revenue also Rise
27 April 2012
European ARM Firm Intrum Justitia Reports Earnings Decline in Q1
26 April 2012
DBA International Appoints Debt Buyer Certification Task Force
25 April 2012
Unifund Completes Crucial SSAE 16, Type 2 Report
25 April 2012
Encore Capital Group to Announce First Quarter 2012 Results on May 9th
20 April 2012
Intrum Justitia Announces Unfavorable Court Ruling in Spanish Debt Buying Case
19 April 2012
Executive Changes: Intrum Justitia Strengthens its Group Management
18 April 2012
DBA International Supports FTC Enforcement Actions
17 April 2012
International Debt Buying: Big Deals Announced in Brazil and the UK
13 April 2012
ACA & DBA Respond to New York Times Unnuanced Piece on Collection Industry
12 April 2012