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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Big Banks Facing Investigation Over Debt Collection Account Information: Reuters

8 March 2013

Purple Heart Vet Wounded in Iraq Roadside IED Gets Grant from ARMing Heroes

7 March 2013

Debt Buyer Deal: Encore Capital to Buy Asset Acceptance for $200 million

6 March 2013

Mike Ginsberg: Is Recent Economic Improvement Enough to Boost the ARM Industry?

6 March 2013

Number of Americans with Third Party Debt Collection Account Hits All-Time High

5 March 2013

Collection Industry Leaders Meet in DC to Discuss Regulation

5 March 2013

FELA Partners with Debt Buyer on 'Debt Collection 101' Advice

5 March 2013

Executive Change: SquareTwo Financial Canada Names Paul Abbott VP, Business Development

5 March 2013

Asset Acceptance Postpones Fourth Quarter and 2012 Year-End Earnings Release

4 March 2013

ACA International Supports National Consumer Protection Week

1 March 2013

Appeals Court Voids $5.2 million Class Action Settlement with Encore Capital

27 February 2013

Looking Forward to the CFPB Complaint Resolution Process

26 February 2013

How Will the Marx Decision by the Supreme Court Impact ARM?

26 February 2013

Illinois Debt Collection Laws: Breaking News - Chicago's New Debt Collection Ordinance

21 February 2013

Debt Buyer Group DBA International Installs Rich Munroe as President; Elects Four New Board Members

20 February 2013

Nigel Morris, co-founder of Capital One, Joins TDX Group Board of Directors

19 February 2013

The New Normal in Debt Buying: Waiting Around

15 February 2013

FTC Touts Actions Against Debt Collectors in Letter to CFPB

14 February 2013

Wall Street Journal Features Debt Buyer's IT Moves

13 February 2013

Connecticut Debt Collection Laws: "Full of Surprises"

12 February 2013