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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WWR Wins Six Awards at the 2009 NARCA Spring Collections Conference

19 May 2009

European ARM Firm Lindorff Makes Top-employers' List Among Economics Students

14 May 2009

Bills Targeting ARM Industry Advance in North Carolina Senate

13 May 2009

Arrow Global Automates Debt Recovery Processes with LexisNexis

13 May 2009

Thoughts from the CRS 2009 Conference

12 May 2009

Debt Buyer Asta Funding Posts Quarterly Loss on Decline in Revenue

11 May 2009

Q1 2009 Credit Card Sector Performance

8 May 2009

ASK THE EXPERTS: Specific Advice on Surviving the Downturn

6 May 2009

The Receivables Exchange Recognized as an ?Official Honoree? at Thirteenth Annual Webby Awards

5 May 2009

Asset Acceptance Earns $4.6 million in Q1, Above Analyst Estimates

1 May 2009

Collection Industry Index Declines Nearly 4 Percent, A Reflection Of Continuing Economic Challenges

30 April 2009

Encore Capital Shares Soar on Strong First Quarter Results

30 April 2009

EOS Group Opens New ARM Company in Croatia

29 April 2009

Portfolio Recovery Earns $10.1 million in Tricky First Quarter

29 April 2009

West Asset Management Posts Sharp Rise in Income in First Quarter

27 April 2009

Leading Broker Announces Industry Milestone

23 April 2009

First Quarter Collection Performance Solid, According to Survey

23 April 2009

Sallie Mae ARM Unit Posts Loss in Q1 on Impairments

23 April 2009

Asset Acceptance Capital Corp. to Host First Quarter Conference Call April 30

21 April 2009

Debt Portfolio Pricing Down as much as 50%; Further Drops Forecasted

21 April 2009

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