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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NCO’s OSI Purchase Helps More Than Just NCO in Government Markets

10 April 2008

Executive Change: Rod Hooktwith to Head Aktiv Kapital Canada

9 April 2008

Debt Collection Industry Invests in Capitol Hill Campaign

9 April 2008

San Francisco Sues National Arbitration Forum, Collector and Issuer

8 April 2008

Mike?s Take: Good News on M&A in the ARM Industry

7 April 2008

M&A Action Remains Strong for Debt Purchasers and Collectors in First Quarter

7 April 2008

UK Debt Buyer Acquired by Private Equity in $400 million Deal

7 April 2008

PR - Texas Collection Agency Publicized for Continuing Expansion

4 April 2008

Bill would Ease GLBA Pressure on Debt Buyers

4 April 2008

NCO Group Planning Huge Growth in Philippines

4 April 2008

NCO Group Slips in Fourth Quarter on $25 million Portfolio Impairment

2 April 2008

Collectors Spent $1.9 million to Lobby Congress

1 April 2008

Getting Current on Pricing in the U.S. Credit Card Debt Purchasing Market

26 March 2008

PR - DebtX To Sell $380 Million In Commercial Real Estate Loans

25 March 2008

Stocks of Debt Buyers Surge as Investors Scramble to Reduce their Losses

25 March 2008

Industry Downplays FTC Complaints, Plans Ombudsman Complaint Program

24 March 2008

Judge Dismisses Challenge to Legal Collections Tactic

20 March 2008

Research Firm Predicts ARM Industry Growth Near 10% in 2008

20 March 2008

Debt Buyer LHR Named a Top Employer in New York State

20 March 2008

Velocity Asset Management Notches Strong Year, Looks to Grow

19 March 2008

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