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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Receivable Acquisition & Management Corp Files Quarterly Report

21 May 2007

FirstCity Financial Receives NASDAQ Notice Regarding Delayed Filing

18 May 2007

Increased Charge-Off Rates Spur Increase in Kaulkin Ginsberg Index

16 May 2007

Asta Funding Reports Higher Earnings Last Quarter and Six Months

16 May 2007

Major European Debt Purchaser and Collector Expands into Germany

16 May 2007

Supreme Court eDiscovery Ruling Impacts Data Management Strategies for Businesses

16 May 2007

Encore Capital Welcomes New Board Members from Investor Group

15 May 2007

Executive Change: Bob Nemhauser to Asset Acceptance

15 May 2007

How Debt Purchasing Companies are Being Valued in Today’s Market

14 May 2007

Debt Resolve Announces Q1 2007 and Fiscal Year 2006 Earnings

14 May 2007

Executive Changes: UK Debt Purchaser Black Tip Announces Major Changes

11 May 2007

Asta Delaying Quarterly Filing Due to Large Portfolio Purchase

11 May 2007

Executive Change: Neville Megaw to the Lowell Group

9 May 2007

Asset Acceptance Commences Modified "Dutch Auction" on Stock Repurchase Plan

9 May 2007

Encore Capital Posts 20% Increase in Earnings in First Quarter

9 May 2007

Encore Capital Group to be a Featured Exhibitor at NARCA Conference

8 May 2007

ACA Publishes Handbook on Key Contract Elements of a Debt Portfolio Transaction

8 May 2007

Portfolio Recovery Associates Closes on Expanded $150 Million Credit Line

8 May 2007

GSI Securitization Purchases Accounts Receivable From Large Medical Group

7 May 2007

Executive Changes: National Loan Exchange Adds Two Execs

7 May 2007

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