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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Heritage Global Inc. Acquires Leading Charged-Off Receivables Broker National Loan Exchange
4 June 2014
DBA International Hosts New Market Opportunities for Debt Buyers Webinar
4 June 2014
Bill Bartmann Wants Nonprofits to Compete with Debt Collectors
3 June 2014
LiveVox Presents Part II of "A Fireside Chat" With CFPB Examination Consultant, Joe Adams
3 June 2014
FTC's Recent Enforcement Action Sets New Debt Collection Standards
2 June 2014
Developing Trends in ARM Will Influence Mergers and Acquisition Activity in the Second Half of 2014
2 June 2014
Executive Change: SquareTwo Financial Names Julie Fellows Chief Compliance Officer
2 June 2014
FTC in $5.5 million Debt Collection Settlement with Auto Lender/ARM Firm
30 May 2014
FDCPA Lawsuits on Track for Third Straight Year of Declines
29 May 2014
Why the CFPB's Position on Time-Barred Debt is Bad for Consumers
27 May 2014
Technology Perspective: Understanding Debt Collection Laws in Your Home State
27 May 2014
Collector Wins Arbitration and Defeats FDCPA Class Claims
23 May 2014
CFPB Details Non-Bank Supervision Activities in New Report
23 May 2014
Debt Collectors to Pay More than $4 million in FTC Settlement
22 May 2014
Court of Appeals Ruling Eases Standards on Proving Debt Buyer Claims
21 May 2014
Don't Be Fooled: How to Make an Unbiased Online Ad Purchasing Decision
21 May 2014
Purple Heart Recipient Gets a Grant, and Hope, from ARM Vets Charity
21 May 2014
FTC Gets Lifetime Debt Collection Ban and Large Fine for Agency Owners
20 May 2014
DBA International Sets the Standard for Receivables Management
15 May 2014
Squaretwo Financial Renames Commercial Operating Business to Better Reflect Approach Towards Small Businesses
15 May 2014
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