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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Bill Targeting Debt Buyers Advances in New Jersey

14 December 2012

European Debt Collector Intrum Justitia Pares German Operations

14 December 2012

Debt Buyer Encore Capital Settles Long-Running Legal Collection Charges for $500,000

13 December 2012

Encore Capital Group Announces Private Placement of $15 Million Additional Convertible Senior Notes

12 December 2012

Mike Ginsberg: A Mixed Bag of Treats for ARM Professionals

10 December 2012

Portfolio Recovery Associates to Expand Alabama Call Center

10 December 2012

ACA International Sets CFPB Compliance Training Dates

6 December 2012

Rankings Released for 2012 Best Places to Work in Collections

5 December 2012

ACA International Introduces Robert L. Föehl as Vice President and General Counsel

4 December 2012

Asset Acceptance Makes Wishes Come True Through Annual Community Fundraiser

4 December 2012

Brad Pitt Developing Debt Collector Series for HBO

30 November 2012

ARM Companies Largely Meeting Expectations in 2012

29 November 2012

UK ARM Firm Lowell Group Announces Fiscal 2012 Results

29 November 2012

Third Party Debt Collection Accounts Fall in Q3

28 November 2012

Executive Change: Debt Sales Veteran Craig Geisler Joins Wellington Acquisition Group as VP

28 November 2012

POLL: How is 2012 Looking?

27 November 2012

Encore Capital Group Prices Private Placement of Convertible Senior Notes

21 November 2012

In Which the Staff of insideARM.com is VERY Thankful

21 November 2012

Mackenzie Hall Wins U.K. Consumer Debt Collections Agency of the Year Award

20 November 2012

CFPB Supervision: Small Collection Agencies May be Examined

19 November 2012

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