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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LexisNexis Launches New Advanced Scoring, Attributes, Data Analytics and Vendor Management Solutions for the ARM Industry

7 February 2012

CreditMax Focuses On Expanding Debt Purchasing Lending Business

6 February 2012

New Portfolio Management Software from the Creators of Debt$Net Collection Software to be Previewed at DBA International Conference

2 February 2012

Collection Agency Consolidation a Possible Trend in 2012

2 February 2012

California Senate Passes Fair Debt Buyers Practices Act

1 February 2012

Five Key Trends that will Reshape ARM Industry in 2012

1 February 2012

Hidden Oak Group Has Banner Year

1 February 2012

The Limits on Direct and Vicarious Liability Under the FDCPA

31 January 2012

Asset Acceptance to Pay $2.5 Million in Settlement with FTC Over Time-Barred Debt

30 January 2012

Encore Capital Group to Announce Fourth Quarter and Full Year 2011 Results on February 9th

30 January 2012

Fortis Capital IV to Grow via Debt Financing from Javlin Capital

30 January 2012

Thought Leaders from Ontario Systems to Speak at DBA Conference

30 January 2012

State High Court Scuttles Debt Collection Action Due to Problem Documentation

26 January 2012

Emerging Legal, Legislative and Regulatory Trends in the ARM Industry

20 January 2012

Debt Buyer RAzOR Capital Announces Sale of Minority Interest to Investors

19 January 2012

Liberty Acquisitions II Secures Debt Financing from Javlin Capital

18 January 2012

Portfolio Recovery Expands into UK with $51 million ARM Acquisition

17 January 2012

Cavalry Comes to the Rescue with Food, Clothing and Toys During the Holiday Season

13 January 2012

Intrum Justitia Acquires Billing and Payment Services Provider in Netherlands

13 January 2012

Are These the Best Practices in Collector Compensation?

11 January 2012

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