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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John McNamara Departs for the CFPB; Dusty Whitesell Rejoins LiveVox to Lead Marketing

1 July 2014

DBA International Thanks Executive Summit Sponsors

1 July 2014

Arrow Global Expands in Portugal with more than $1.3 billion in Portfolio Purchases

30 June 2014

Middle District of Florida Clarifies Application of FDCPA and FCCPA Statutes of Limitation

27 June 2014

SquareTwo Financial Honored as One of Computerworld's 100 Best Places to Work in IT

25 June 2014

Former CFPB Employee: Debt Buyers in the Bureau's Crosshairs

24 June 2014

State Supreme Court Decision Defines Forwarders as Collection Agencies

23 June 2014

DBA International Supports Jump$tart Financial Literacy Initiatives

23 June 2014

The Truth About Collection Agencies and the Economy

18 June 2014

DBA International Supports Recent Government Enforcement Actions

13 June 2014

New York Assembly Passes Package of Debt Collection Bills

12 June 2014

DBA International Issues Call for Conference Presentations

12 June 2014

Recent Jobs News Confusing as Strategic Planning Season Approaches

12 June 2014

Did Debt Buyers Fall Victim to One Corrupt Bank Official? Or Is it More?

11 June 2014

CFPB Director Presents Semi-Annual Report to Senate Committee

11 June 2014

All Collection Firms Need to Participate in the Best Places to Work Program

11 June 2014

Debt Buyer Arrested and Charged in $76 million Fraud Scheme

10 June 2014

What are the Universal Value Drivers when it Comes Time to Sell a Business?

10 June 2014

Selfless Military Vet Turns Down ARM Charity Grant to Help Another

10 June 2014

Drafting the Perfect Marketing Email

9 June 2014

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