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.
Filter by Location
Asset Class Diversification is Actually Working for some in the ARM Industry
10 October 2012
Double Success for Phillips & Cohen Associates UK
9 October 2012
Regional Company Urges ARM Firms to Match $100 Donation for Vets
9 October 2012
LiveVox CMO Named Chairman of FSCC 2012
9 October 2012
Northland Group Receives Resurgent Capital Services Awards
8 October 2012
Paper Launches Investigative Series on Debt Collection
8 October 2012
ARM Attorneys Win Case Challenging New York City Debt Collection Law
5 October 2012
Mike Ginsberg on the Future of Collections
5 October 2012
You've got Collection Industry Questions, We've Got Collection Industry Experts
3 October 2012
Debt Collection and Brand Reputation: Four Pillars of Success
2 October 2012
Executive Change: Bradley Haynes Named Director of Acquisitions for Invenio Financial
2 October 2012
Resource Management Services Announces Two-day Class for Frontline Collection Managers
2 October 2012
Getting Ready for 2013 - Asset Class Diversification
1 October 2012
Best Places to Work in Collections Winners for 2012
1 October 2012
European ARM Firm Lindorff Acquires Debt Collection Subsidiary of ABN AMRO
1 October 2012
ARM in the Credit Card Sector: A New Opportunity Unfolding
28 September 2012
Mike Ginsberg's Blog: The Current State of ARM
26 September 2012
UK ARM Firms See Record Debt Assigned in Second Quarter
24 September 2012
ARM Industry Meeting Congress Today on FDCPA, TCPA, CFPB
20 September 2012
Veterans' Drive at 7% of Goal as 900,000 VA Claims Await Processing
20 September 2012