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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The Sagres Company Returns to Distressed Debt Fund Managment

4 May 2010

Executive Change: SquareTwo Financial Names William Weeks Senior VP, CIO

4 May 2010

Why the Courts are Currently an ARM Battleground

3 May 2010

Aktiv Kapital to Acquire $115 million Debt Portfolio in UK

3 May 2010

Executive Change: Asset Acceptance Names Reid E. Simpson Chief Financial Officer

30 April 2010

Asset Acceptance Stays in the Black in the First Quarter; Discloses FTC Action

30 April 2010

Lease Restructuring -- A Tactic For Survival During a Lingering Recession

29 April 2010

Aktiv Kapital Reports Rough First Quarter as it Focuses on Operations

29 April 2010

Executive Change: Anthony Azizeh to VION Receivable Investments as Senior Financial Analyst

28 April 2010

SquareTwo Financial Receives Positive Credit Rating

28 April 2010

Debt Buyers Report Huge Earnings in First Quarter

28 April 2010

FDR Asset Recovery Group Announces Partnership With Flock Advisors for Debt Buying Funds

27 April 2010

FDCPA and Other Consumer Rights Lawsuit Statistics for April 1-15

27 April 2010

Financial Reform Blocked in Senate...For Now

27 April 2010

Strong Performance Reported by Agencies in First Quarter

26 April 2010

Presentation of Aktiv Kapital's First Quarter 2010 Results April 29

26 April 2010

California Collectors Amend Bylaws to Allow Choice of ACA Membership

23 April 2010

Appeals Court Ruling in Debt Buying FDCPA Case ?All Over the Map?

22 April 2010

Maxwell, Turner & Associates Debt Purchasing Division Hits Ground Running

22 April 2010

Intrum Justitia Earnings Up Slightly in Q1, Revenue Declines

22 April 2010

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