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.

See all Topics

Intrum Justitia Acquires Leading Czech Debt Buyer for $42 million

3 February 2014

The Evolution of Debt Collection Industry Conferences

30 January 2014

Take insideARM's Annual Operations, Compliance and Technology Survey; Get $5

30 January 2014

insideARM.com Launches TCPA Resources Page for Debt Collection Industry

30 January 2014

DBA International Announces Certification Faculty for 2014 Annual Conference

29 January 2014

Collection Industry Tries to Find Common Ground with Consumer Groups

28 January 2014

KirkpatrickPrice is Chosen by DBA International to Perform Debt Buyer Certification Audits

27 January 2014

15 ARM Firms Among Top 50 Creditors Listed in Bankruptcy Filings

24 January 2014

insideARM Summit Kicks Off with Talk on Debt Collection Rulemaking

23 January 2014

FLOCK Announces Recapitalization of Debt Buyer Velocity Portfolio Group

22 January 2014

What is a Collection Complaint?

21 January 2014

Landmark FDCPA Victories Finally Limit "Least Sophisticated Consumer" Standard

16 January 2014

How to Position your ARM business for Maximum Value, Regardless of When you Sell It

15 January 2014

CFPB Extends Deadline for Comments on its Debt Collection Rulemaking Proposal

14 January 2014

New York Times Explores CFPB’s Next Moves, Including Debt Collection

13 January 2014

California Judge Pushes Forward Consolidated TCPA Action Against Debt Buyer

10 January 2014

State AG Sues Another Debt Buyer Over DDA Account Collection

9 January 2014

Is it Time to Adjust Budgets and Forecasts?

7 January 2014

insideARM.com Launches Debt Collector-Focused FDCPA Resources Page

6 January 2014

Mercantile Adjustment Bureau Acquires Collection Agency Creditors Financial Group

6 January 2014