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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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Former HSBC Executive Walter Menezes Joins NCB Board of Directors

22 January 2013

FDCPA Lawsuits Filed by Consumers Decline 7 Percent in 2012

17 January 2013

Hilco Re-Launches ARM Unit to Provide Contingency Debt Collection and Portfolio Acquisition Solutions

16 January 2013

Debt Buyer Bills Backed by AG Swanson Introduced in Minnesota

15 January 2013

Asta Funding Receives Letter From NASDAQ Relating to Its Late Form 10-K

11 January 2013

Bill Bartmann Reiterates Call to Suspend Debt Collection Lawsuits

10 January 2013

Persolvo Data Systems to Present at the Debt Buyers Association 16th Annual Conference

9 January 2013

Capio Partners & insidePatientFinance to Host Free Webinar on Healthcare Debt Sales

9 January 2013

Appeals Court Updates 'Express Consent' in TCPA Case Decision Revision

8 January 2013

ARM M&A Activity in Q4 2012 and What to Expect in 2013

8 January 2013

PRA Helping Consumers Recover From Identity Theft

8 January 2013

Ginsberg: Maximizing the Value of Your Business Starts Now

7 January 2013

Investment Site Drills Down on Debt Buying Industry

7 January 2013

Best of insideARM.com 2012

26 December 2012

Portfolio Recovery Associates Secures $600 Million Credit Facility

21 December 2012

Mike Ginsberg: My 2013 Predictions for the ARM Industry

20 December 2012

Unifund Increases Giving and Community Involvement in 2012

20 December 2012

International ARM Markets: Russia

19 December 2012

Debt Buyer Asta Funding Reports Uneven Fiscal Q4 and Full Year Results

17 December 2012

How Healthcare Providers Can Improve the Performance of Healthcare Collectors

14 December 2012

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