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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SquareTwo Financial Improves Financial Operating Structure

3 May 2013

State Shuts Down Collection Agency; Warns Other Debt Collectors on Payday Loans

2 May 2013

FTC, CFPB to Co-Host Roundtable on Data Integrity in Debt Collection

2 May 2013

Plan for Success: Smart Tips for Your Business

2 May 2013

Portfolio Recovery Associates Throws Around Big Numbers in First Quarter

1 May 2013

To Sell to a Strategic, Financial or an Industry Buyer? Your Role Post-Closing Might Drive the Answer

1 May 2013

Dramatic (Positive) Change in Tennessee Debt Collection Law

30 April 2013

Asset Acceptance Announces Results of a Tough First Quarter

30 April 2013

Debt Buyers Set First Quarter Results Reporting Dates

29 April 2013

Four Social Media Tips ARM Firms Can Learn from Hospitals

26 April 2013

Bill Collectors Double Down for Bronze Star Navy Vet

26 April 2013

CFPB In Action: A Roundup of Recent Activity - April 23, 2013

25 April 2013

New York Assembly Passes Debt Collection Bill; Also Lowers Statute of Limitations

25 April 2013

Fitzgerald Debt Acquisitions Introduces New Debt Management Firm, Fitzgerald Equity Partners

23 April 2013

Receivables Management Association of Canada Launches Blog Feature

22 April 2013

To Sell to a Strategic, Financial or an Industry Buyer? Growth May Guide Your Decision

19 April 2013

Collection Affidavits Focus of Exposé of Debt Buying Practices

18 April 2013

Encore Takeover of Asset Acceptance Clears Hurdle; Moving Forward

12 April 2013

Debt Buyer Encore Capital Announces New CEO

11 April 2013

Asset Acceptance Associates Raise Money for Local Youth During National Financial Literacy Month

11 April 2013

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