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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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Take the Time to Stand Up for Our Industry

21 September 2010

David Vant from Cabot Financial Completes the Pedal to Paris Charity Cycle Ride

20 September 2010

What I Get Out of ARM Industry Conferences

17 September 2010

ARM Industry Vets Charity at 25% of Goal in a Week; Multiplies Forces

16 September 2010

FDCPA and Other Consumer Lawsuit Statistics, August, 16-31

16 September 2010

Major ARM Player Files for Bankruptcy Protection

15 September 2010

ARM Firm Second Round, LP Secures Capital to Expand Debt Buying

15 September 2010

Washington DC Residents Complain About Collectors the Most

13 September 2010

Credit Card Debt Down Again in July

10 September 2010

$10,000 to be Raised for Needy U.S. Military Vets. Will You Do Your Part?

9 September 2010

Americans Shifting Focus from Consumer Debt to Retirement Savings

9 September 2010

Mini-Miranda Violation Fastest Growing Complaint Against Debt Collectors

8 September 2010

International ARM Firm EOS Consolidated Remains on Growth Course

7 September 2010

State AG Smacks Down Two ARM Companies...Oh, Wait

7 September 2010

Executive Change: Marco Angheben to Link Financial Group as Project Director

2 September 2010

More Than You Ever Thought You Could Know About Debt Collection Complaints

2 September 2010

Competition Hosed by insideARM.com Summer Photo Contest Winner

1 September 2010

Know Your Buyer

1 September 2010

State Fines Debt Buyer Over Collection Lawsuits

27 August 2010

FDCPA and Other Consumer Rights Lawsuit Statistics, August 1-15

25 August 2010

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