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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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Separate Your Agency from the Competition

14 December 2006

Debt Buyers’ Growing Interest in Alternative Asset Classes

14 December 2006

The Impact of Scoring on Collections

14 December 2006

The Role of Sellers, Resellers & Brokers in Debt Purchasing

14 December 2006

Early Findings from the Kaulkin Report

14 December 2006

2004 Not Just Another Year in the Collection Industry

14 December 2006

The Media and Debt Purchasers

14 December 2006

Collection Industry M&A Activity Skyrocketing

14 December 2006

Asta Beats Estimates, Reports Record Quarter and Fiscal Year

14 December 2006

UK Debt Purchaser Announces Record Year

14 December 2006

Goldman Sachs Buys $1.3 billion in Bad Loans from German Bank

14 December 2006

Motley Fool Picks Portfolio Recovery as Best Small Cap for 2007

11 December 2006

UK Debt Purchaser Named as Business of the Year Finalist

11 December 2006

ACF Medical Services Purchases $250 million in Receivables from Four Healthcare Systems

8 December 2006

FirstCity Financial Corporation Completes Purchase of SBA Lending Franchise

8 December 2006

IEI Financial Purchases $18.8 million Utility-Based Debt Portfolio

8 December 2006

West Asset Management Appoints Mick Mazour President

8 December 2006

Asta Funding Sets Earnings Release and Conference Call Date

8 December 2006

Court Decision Re-Affirms Debt Resolve's Patent Protection

8 December 2006

Hospital Seeks Court OK to Sell Medical Debt

8 December 2006

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