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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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ACA International Announces New Strategic Plan

27 July 2010

Convoke Systems Raises $5.5 Million in Funding; Plans to Expand Services to ARM Industry

26 July 2010

Portfolio Recovery Associates to Announce Second Quarter 2010 Results on July 29, 2010

23 July 2010

New Financial Regulatory Law to Impact the Debt Collection Industry

23 July 2010

Finance Bill Creates Power Sharing, FDCPA Reform Dilemma in Gov't

22 July 2010

Getting Your Legal House in Order

21 July 2010

The Looming Economic Recovery: Is ARM Ready?

21 July 2010

CNN Spins Words of Ex-Debt Collectors into "Confessions"

21 July 2010

City of Fairhope Partners With Revenue Discovery Systems (RDS) to Administer Local Sales Tax

21 July 2010

EOS Group Enters Joint Venture for ARM Services in China

20 July 2010

The Sagres Company Expanding Third Party Collection Platform

20 July 2010

ARM Firm Intrum Justitia Reports Decline in Earnings and Revenue

19 July 2010

Asset Acceptance to Host Second Quarter Conference Call July 29

16 July 2010

?You?re with us or against us,? FTC Commissioner Tells ARM Industry

15 July 2010

ACA Compels National Membership for State Unit Participation

15 July 2010

Asta Funding CEO to Ring the NASDAQ Stock Market Closing Bell

14 July 2010

Roger Knauf Resigns as DBA International Executive Director

13 July 2010

FTC Commissioner Presents Debt Collection Report to ARM Industry

13 July 2010

ACA International's 71st Annual Convention and Exposition Opens

12 July 2010

Strategic and Financial Buyers Return to the ARM M&A Market

12 July 2010

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