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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New Jersey Settles with Medical Collection Agency

16 June 2009

Executive Change: Bengt Lejdstrom Named CFO at Intrum Justitia

15 June 2009

European ARM Giant Intrum Justitia Announces Major Moves

11 June 2009

Economic Downturn Provides Golden Opportunity for ARM Companies with Vision

10 June 2009

Portfolio Recovery Associates to Present at William Blair Growth Stock Conference

10 June 2009

The Receivables Exchange Named Top Three ?Deal of The Year? at Twelfth Annual ATFA Conference

9 June 2009

Executive Change: Richard Vander Woude Resigns as SVP, Secretary and General Counsel of FirstCity Financial

8 June 2009

Asset Acceptance to Present at William Blair & Co. 29th Annual Growth Stock Conference

8 June 2009

Eltman, Eltman & Cooper: The Nation's Leading Judgment Enforcement Firm

5 June 2009

Alabama Collection Agency Shows Appreciation for Soldiers' Sacrifice

5 June 2009

Thermo Credit Announces $1 Billion of Receivables Purchased

2 June 2009

In Your Words: Comments from the ARM Industry Confidence Survey

31 May 2009

Kaulkin Ginsberg?s Debt Collection Industry Index Reflects Continued Declines; Modest Improvement Predicted

29 May 2009

The Receivables Exchange Named World?s Best Online Supply Chain Financing Solution

27 May 2009

Capio Partners Announces the Acquisition of $1.2 billion in Healthcare Receivables

27 May 2009

ARM Companies Tell Different Tales in First Quarter Confidence Survey

20 May 2009

Lewis Shapiro Has Secured a Nationally Recognized Debt Buyer as its Anchor Client for 2009-2010 Expansion Plans

20 May 2009

Portfolio Recovery Associates to Present at JMP Securities Research Conference

20 May 2009

ASK THE EXPERTS: Will the TALF Program Benefit Debt Buyers?

19 May 2009

NCO Group Narrows Loss in First Quarter

19 May 2009

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