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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FTC to Hold Summit on "Robocalls"; They Might Need Some Help

19 September 2012

Mike Ginsberg's Blog: The History of the ARM Industry

18 September 2012

AG Staff Asks for ARM Industry Help Identifying Rogue Collectors

13 September 2012

International ARM Firm EOS Reports Big Jump in Annual Revenue

13 September 2012

Closely-Watched Debt Collection Process Serving Case Gets Class Action Status

12 September 2012

Paul Morrow to Hold Part Two of Teleseminar Series

12 September 2012

ARM Industry Challenged to Raise $40,000 for Veterans

11 September 2012

Asset Acceptance to Close Debt Collection Office in Arizona; Expand Legal Channel

11 September 2012

Collection Practices Lead to $13 million Penalty Against CashCall

11 September 2012

Debt Buyer/Collector Settles Class Action for $575,000

10 September 2012

What Challenges and Opportunities Lie Ahead for ARM?

10 September 2012

Portfolio Recovery Associates Named One of Fortune's 100 Fastest-Growing Companies

10 September 2012

Invenio Financial Co-sponsors Debt Purchase Stream at CSA/DBSG Annual Conference

7 September 2012

Credit Card Delinquencies Hit All-Time Low as Mortgage Arrears Increase

6 September 2012

Governor Signs Debt Buyer Bill Endorsed by ARM Industry

4 September 2012

Average Account Balance in Collection Increases to All-Time High

30 August 2012

Look Who has Waded into the Debtor’s Prison "Issue"

29 August 2012

Asset Acceptance Announces Changes to Board of Directors; New Chairman

29 August 2012

Executive Change: Encore Capital Group Names New SVP of External Affairs

28 August 2012

DebtConnect Online Releases its Next Generation Debt Settlement Portal

27 August 2012

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