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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Minnesota AG Suing Encore Capital Group

28 March 2011

Asset Acceptance Promotes Environmental Awareness with B-Green Day Initiative

24 March 2011

Encore Capital Group Launches ARM Industry-First Consumer Bill of Rights

22 March 2011

Portfolio Recovery Associates Celebrates 15 Years; Rings Opening NASDAQ Bell

22 March 2011

Secondary Demand for Medical Receivables Portfolios: A Growing Market

18 March 2011

Unifund Partners with NAFCU Services Corporation to Offer Delinquent Debt Liquidation Options

15 March 2011

Encore Capital Group Announces Exercise of Underwriter's Over-Allotment Option From Selling Stockholders' Shares

14 March 2011

An Invitation to Support Wes Schiffler, One of ARM's Best

11 March 2011

Encore Capital Group Announces the Closing of the Public Offering of Common Stock by Selling Stockholders

7 March 2011

Asset Acceptance Reports Narrower Loss in Q4 and Full-Year 2010

4 March 2011

DBA International Golf Outing Raises Tens of Thousands for Autism Speaks

2 March 2011

Encore Capital Group Announces Pricing for Public Offering of Common Stock by Selling Stockholders

1 March 2011

ACA and DBA Cook Up Milquetoast Guidelines for Debt Buyers

25 February 2011

Aktiv Kapital Reports Higher Profit in Q4

24 February 2011

Stellar Recovery Announces New Financing Partnership to Fund Debt Purchases

23 February 2011

Executive Change: Lowell Group Appoints Business Development Director

22 February 2011

Executive Change: Bruce Taylor to Runci Group as Director of Ops

22 February 2011

Debt Purchaser Portfolio Recovery Posts Record Financial Results to End 2010

16 February 2011

Debt Buyer Encore Capital Reports Huge Q4 and 2010; Discusses Lawsuit Settlement

15 February 2011

Court Ruling Increases Requirements for Debt Collection Lawsuits

10 February 2011

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