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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TV Station Bashes Job Creating ARM Firm

11 May 2012

Encore Capital Group Sees Earnings Slip on Impairment; Announces Large Acquisition

10 May 2012

Asta Funding Reports Earnings Decline in Most Recent Quarter

9 May 2012

ARM Industry Helps Veteran Stay in School

9 May 2012

Portfolio Recovery Associates Sees Gains in First Quarter of 2012

8 May 2012

Illegal Actions in West Virgina Taint the Important Work of Legitimate Debt Collectors

30 April 2012

10 Attorneys From SquareTwo Financial Partner Network Sworn in as Members of U.S. Supreme Court Bar

30 April 2012

Portfolio Recovery Associates to Announce First Quarter 2012 Results on May 7, 2012

30 April 2012

Asset Acceptance Reports Record Collections in Q1; Earnings, Revenue also Rise

27 April 2012

European ARM Firm Intrum Justitia Reports Earnings Decline in Q1

26 April 2012

DBA International Appoints Debt Buyer Certification Task Force

25 April 2012

Unifund Completes Crucial SSAE 16, Type 2 Report

25 April 2012

Encore Capital Group to Announce First Quarter 2012 Results on May 9th

20 April 2012

Intrum Justitia Announces Unfavorable Court Ruling in Spanish Debt Buying Case

19 April 2012

Executive Changes: Intrum Justitia Strengthens its Group Management

18 April 2012

DBA International Supports FTC Enforcement Actions

17 April 2012

International Debt Buying: Big Deals Announced in Brazil and the UK

13 April 2012

ACA & DBA Respond to New York Times Unnuanced Piece on Collection Industry

12 April 2012

Bartmann Debt Collection Bill Put Aside in Oklahoma

11 April 2012

Debt Consolidation Company Sued by Vermont for Over $2 Million

3 April 2012

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