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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Licensing Changes in Two States to Impact ARM Companies

6 June 2014

CFPB Civil Investigative Demands Scorch Debt Collection Industry

5 June 2014

Heritage Global Inc. Acquires Leading Charged-Off Receivables Broker National Loan Exchange

4 June 2014

DBA International Hosts New Market Opportunities for Debt Buyers Webinar

4 June 2014

Bill Bartmann Wants Nonprofits to Compete with Debt Collectors

3 June 2014

LiveVox Presents Part II of "A Fireside Chat" With CFPB Examination Consultant, Joe Adams

3 June 2014

FTC's Recent Enforcement Action Sets New Debt Collection Standards

2 June 2014

Developing Trends in ARM Will Influence Mergers and Acquisition Activity in the Second Half of 2014

2 June 2014

Executive Change: SquareTwo Financial Names Julie Fellows Chief Compliance Officer

2 June 2014

FTC in $5.5 million Debt Collection Settlement with Auto Lender/ARM Firm

30 May 2014

FDCPA Lawsuits on Track for Third Straight Year of Declines

29 May 2014

Why the CFPB's Position on Time-Barred Debt is Bad for Consumers

27 May 2014

Technology Perspective: Understanding Debt Collection Laws in Your Home State

27 May 2014

Collector Wins Arbitration and Defeats FDCPA Class Claims

23 May 2014

CFPB Details Non-Bank Supervision Activities in New Report

23 May 2014

Debt Collectors to Pay More than $4 million in FTC Settlement

22 May 2014

Court of Appeals Ruling Eases Standards on Proving Debt Buyer Claims

21 May 2014

Don't Be Fooled: How to Make an Unbiased Online Ad Purchasing Decision

21 May 2014

Purple Heart Recipient Gets a Grant, and Hope, from ARM Vets Charity

21 May 2014

FTC Gets Lifetime Debt Collection Ban and Large Fine for Agency Owners

20 May 2014