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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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M&A Activity in the Debt Collection and ARM Industry Exceeds $2 Billion in 2008

8 January 2009

VIDEO INTERVIEW: Al Brothers, Cavalry Portfolio Services

8 January 2009

The Debt Marketplace Announces Buyer/Seller 101 Course Offering

7 January 2009

Accounts Receivable Management in 2009: Hitting the Wall

5 January 2009

Executive Change: Sam Marsden to Lowell Group as Head of Compliance and Internal Audit

5 January 2009

Aktiv Kapital Considers Strategic Options for Danish Operations

5 January 2009

A Turbulent Year for the Accounts Receivable Management Industry

31 December 2008

Change in Post Office Mailing Standard Seen as Positive for ARM Industry

23 December 2008

Asta Funding Cuts Dividend, Announces Board Resignation

19 December 2008

Southeast Chapter of RPMG to Hold New Year's Gala January 8

16 December 2008

FirstCity Financial Agrees to Settle Lawsuit Over Prudential Proceeds

15 December 2008

Buffalo Debt Collector Shuts Down in Difficult Economy

15 December 2008

TASC Executive Board Member Teresa Schumann to Present at 2009 DBA Conference

12 December 2008

The Debt Sales Market is Turning Again

11 December 2008

Debt Buyers Getting Creative to Fund Portfolio Purchases

11 December 2008

Inland Capital Services to Operate Online Debt Sales Auction Company Blue Sky

11 December 2008

Executive Change: Samantha Swallow to Lowell Group as Customer Service Manager

10 December 2008

Court Rules Against Debt Collector in Cell Phone Collection Case

9 December 2008

Executive Change: Rob Munroe to The Judgment Group as VP Portfolio Sales

9 December 2008

NCO Group to Pay Texas $250,000 in Collection Settlement

8 December 2008

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