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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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State Attorney General Sues Encore Capital; Debt Buyer Responds

9 March 2012

Executive Change: Cavalry Portfolio Services Promotes Kathy Simmermon SVP of Acquisitions

7 March 2012

Debt Buyer Asset Acceptance Scores Big 2011 After Restructuring

6 March 2012

TDX Group Acquires Assets of Credit Account Management from Interlaken Group

5 March 2012

State AG Touts New Debt Collection Rules Taking Effect Today

2 March 2012

Global ARM News: Aktiv Kapital Buys Huge Debt Portfolio; EOS Group Opens Albanian Collection Agency

1 March 2012

DBA International To Launch Debt Buyer Certification Program

1 March 2012

Debt Collectors Pursuing More than 14 percent of Americans

29 February 2012

Debt Buyer Cavalry Donates More Than $34,000 to St. Jude Children’s Research Hospital

28 February 2012

Debt Collectors Struggling; Bartmann Prowling; CFPB! The Week in Opinion

24 February 2012

Portfolio Recovery Associates Crosses into Mega-firm Territory with 2011 Results

17 February 2012

ACA's Pat Morris Takes on USA Today. Who Won?

17 February 2012

California Seeks to Sell $2 Billion in Bonds for Debt

15 February 2012

Portfolio Recovery Associates Seeks to Correct Perception of Tax Treatment

14 February 2012

Debt Buying Professionals See Improvement and Significant Challenges Ahead

13 February 2012

DBA International: Nice to Have You in our Corner

10 February 2012

Encore Capital Reports Surge in Profit and Revenue; Close to $500 million in 2011

10 February 2012

Asset Acceptance to Host Fourth Quarter and 2011 Year-End Conference Call March 5

10 February 2012

Portfolio Recovery Associates to Announce Q4 and Full Year 2011 Results on February 16

9 February 2012

Asta Funding Reports Increase in Income on Decline in Revenue

9 February 2012

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