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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FCT & Aktiv Kapital Join Forces to Enhance Corporate Distressed Debt Management

11 February 2013

FDCPA Case Dismissed on Lack of Standing in Bankruptcy

8 February 2013

Combat Fighters and Fun Facts from DBA Conference 2013

8 February 2013

DBA International Approves Debt Buyer Certification Program; Mandatory for Membership

7 February 2013

Cloud-Curious at DBA 2013

7 February 2013

Second Round Launches ProMatch, Debt Settlement/ARM Information Exchange

4 February 2013

Executive Change: Bob Schofield Joins Unifund as VP of Strategic Alliances

4 February 2013

Where’s The Beef? The FTC 2013 Report On Debt Buyers

4 February 2013

Castel Detect Sponsoring 2013 DBA International Conference

1 February 2013

Executive Change: MSW Capital Appoints Mark Meisenbacher as Chairman and CEO

31 January 2013

Executive Change: JH Capital Group and Credit Control Name Nathan Sturycz Chief Compliance Officer

31 January 2013

FTC Releases Large Multi-Year Debt Buying Study

30 January 2013

Value Healthcare Services Announces First Company Dedicated to Healthcare Bankruptcy Receivables

30 January 2013

insideARM.com Executive Change: Jennifer Szumiesz Promoted to Director of Client Marketing

29 January 2013

Phillips & Cohen Associates Announces International Expansion Plans

29 January 2013

ARM Industry Urges Supreme Court to Hear FDCPA Case on Fees

28 January 2013

Social Media is Next Horizon in Debt Collection Regulation

24 January 2013

Debt Collectors Help Gold Star Military Mom Keep Family Home

24 January 2013

Debt Collectors Causing Spike in UK Suicides: Report

23 January 2013

LHR, Inc. to Now Offer Collection Services to Buyers of U.S. Debt

23 January 2013