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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Asset Acceptance Joins Thousands in the Community in the Fight Against Breast Cancer
15 October 2010
SquareTwo Financial a Platinum Sponsor of 2010 Family Financial Literacy Conference
14 October 2010
ARM Industry Leaders Count Military Charities Among Their Favorites
14 October 2010
PayPal Shuns Debt Collectors, Until Needed
13 October 2010
Debt Buyer Norfolk Financial Helps Support 'Banking On Our Future'
13 October 2010
Encore Capital Group to Announce Third Quarter 2010 Results on October 26
13 October 2010
Executive Change: Link Financial Group Appoints Lindsay Town as Non-Executive Director
12 October 2010
Executive Change: Jeffrey Sanborn to Portfolio Recovery Associates as Corporate Counsel
12 October 2010
Cabot Financial Gives Charity Telethon a Helping Hand
12 October 2010
Appeals Court Says FDCPA Cases Cannot Arise in Bankruptcy Claims
12 October 2010
Lowell Group Scoops Credit Excellence Award
7 October 2010
A Change Is Coming: Can ARM Industry Adapt and Embrace FDCPA Reform?
7 October 2010
Executive Change: SquareTwo Financial Names Chris Reigrut Chief Technology Officer
6 October 2010
Top Reasons Why ARM M&A is Looking Up
6 October 2010
Asset Acceptance Capital Corp. Announces the Closing of its Chicago Office
5 October 2010
So You Want To Sell Your Collection Agency? Prepare Today
4 October 2010
The Receivables Exchange Introduces Corporate Receivables Trading
4 October 2010
Q310 ARM M&A Activity Update ? Strategic and Financial Buyers Continue to Dominate the M&A Market
4 October 2010
ACA International Keeps Members Ahead of the Curve At Fall Forum
4 October 2010
Encore Capital Group to Present at the William Blair 4th Annual Emerging Growth Stock Conference
1 October 2010
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