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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SquareTwo Announces Portfolio Asset Sale To Resurgent Holdings

20 March 2017


FDCPA Caselaw Review for February 2017

9 March 2017

Encore Capital Announces Q4 and Full Year 2016 Results, Comments on Pricing, Supply, and TCPA

2 March 2017

PRAA Reports 4th Quarter Loss

1 March 2017

SCOTUS Hears Oral Arguments on FDCPA Out-of-Statute Debt Case

18 January 2017


FTC Charges Joel Tucker in Fake Debt Sales Scheme; Brother Scott Tucker Ordered to Pay $1.3B in Separate 2016 Case

10 January 2017


HS Financial Group Becomes Certified Debt Buyer/ Third Party Collection Agency by DBA International

10 January 2017

Massachusetts Proposes New Rules for Collection Litigation on Credit Card Debt

15 December 2016


Court Holds That Interest Reference in Dunning Letter is Not FDCPA Violation

12 December 2016

Bill Bartmann

Controversial Industry Veteran Bill Bartmann Dies at 68

30 November 2016


9th Cir. Holds Debtor’s Acknowledgement of Debt Does Not Excuse Untimely Proof of Claim

28 November 2016


NY Judge Sanctions Plaintiff Attorney for Making Mountain Out Of Molehill

15 November 2016

CFPB and NY Attorney General Take Action Against Network of Sham Collection Companies

3 November 2016


Coming Soon: A Big Debt Collection Deadline in New York

26 October 2016

U.S. Supreme Court Agrees to Hear FDCPA Case

12 October 2016


DBA International Meets with CFPB Director Cordray

20 September 2016


5th Circuit Rules Against Collector For Not Making Disclosures in Time-Barred Debt Case

14 September 2016


DC Circuit Rejects FDCPA ‘Meaningful Involvement’ and Related State-Law Claims

7 September 2016

4th Cir. Holds Time-Barred Proof of Claim Does Not Violate FDCPA

7 September 2016


Former Regulator Accuses CFPB of Targeting the Biggest Companies and Imposing "The Maximum Fines They Can Afford to Pay”

30 August 2016