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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ARM Industry at 29% of Goal with Six Weeks Left in Vet Charity Drive

6 October 2011

Executive Change: Roger Davis Named Non-Executive Chairman of Cabot Credit Management

6 October 2011

insideARM.com Announces the Best Places to Work in Collections 2011

5 October 2011

Third Quarter M&A Deal Value in the ARM Industry Shows Robust Market

5 October 2011

FORTUNE Magazine Names Encore Capital Group to '100 Fastest-Growing Companies' List

4 October 2011

Intrum Justitia Enters Debt Collection Partnership with Experto Credite in the UK

3 October 2011

Intrum Justitia Acquires Danish ARM Firm Difko Inkasso A/S

30 September 2011

Executive Change: Encore Capital Appoints New SVP, General Counsel, and Corporate Secretary

27 September 2011

Maryland Courts Latest to Require More Documentation from Debt Buyers

22 September 2011

Anonymous $2,000 Donation Gets ARMing Heroes to 16% of Goal

22 September 2011

Encore Capital Group to Present at the 2011 JMP Financial Services and Real Estate Conference

22 September 2011

Encore Capital Group Wins 2011 San Diego Healthiest Company Award

21 September 2011

Law Firm Announces Shareholder Investigation of Encore Capital Group

20 September 2011

Portfolio Recovery Associates to Present at JMP Securities Financial Services and Real Estate Conference

20 September 2011

EOS Group Earnings Increase 25 percent in Most Recent Fiscal Year

19 September 2011

General Francis E. Quinlan Joins Encore Capital Group's Board of Directors

15 September 2011

Credit Cards are a Big Issue for the ARM Industry

14 September 2011

SquareTwo Financial Opens Partner Franchise in Seattle; Seeks Partners In Florida

14 September 2011

Executive Change: Trish Mattler to Equable Ascent Financial as Chief Investment Officer

13 September 2011

Debt Buyer Settles Large Class Action Suit

11 September 2011

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