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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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Executive Change: Mike Colby Returns to Asset Acquisition Group as VP

9 September 2011

Executive Change: Aktiv Kaptial Names Geir Langfeldt Olsen CEO

9 September 2011

Accelerated Financial Solutions Makes Inc. 5000 List for Second Year in a Row

9 September 2011

Collection Agency Websites: Handy Suggestions for Tackling Multiple Audiences

8 September 2011

SBA 504 Loans Hit Record Low Interest Rates for September

8 September 2011

Resurgence Capital Secures Debt Financing from Javlin Capital

8 September 2011

Susan Namm, Fred Landrum Join ARMing Heroes Board

7 September 2011

Citigroup Selling $2.5 billion in Student Loans to Discover

1 September 2011

Bill Bartmann Picks Fight in Chicago with Debt Collection Industry

1 September 2011

The ARM Industry is in for a Long Recovery - Part II

30 August 2011

ARM Firm EOS Consolidated Receives 'A' Rating

30 August 2011

Rozanne Andersen Appointed to collector mentor Editorial Advisory Board

30 August 2011

The New Normal: How Collection Agencies Are Dealing With the Economic Downturn

26 August 2011

FDCPA Round Robin: Voices in the Collections Industry Weigh in on Proposed FDCPA Changes

23 August 2011

Post-Crash Charge-Offs are Nearly Gone from ARM System

17 August 2011

NCO Group Reports $31.7 million Loss in Second Quarter

15 August 2011

Receivables Management Association of Canada Launches Website

15 August 2011

How the Working Poor Became Big Business and Tempted the Collection Industry

15 August 2011

Encore Capital Wins Approval of $5.2 million Settlement

13 August 2011

Debt Collection Association Widely Supported Retaining Debt Buyers Classification

11 August 2011

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