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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What You May Not Know About The Practice of "Pay-for-Delete"

14 February 2019


New Texas Debt Buyer Legislation Would Require More Notices, Addresses Legal Actions

13 February 2019


A Healthy Resale Market Is Vital To Our Industry – And We Need to Educate the CFPB’s New Leadership on This Important Issue

24 January 2019


Encore Enters $6M Settlement Agreement with 42 State AGs, DC AG in Affidavit Robosigning Matter

5 December 2018


N.D. Illinois: Debt Buyer Cannot Collect Interest if Implicitly Waived by Original Creditor’s Actions; Finds Debt Buyer is Subject to FDCPA

27 September 2018


2 New Rules in Massachusetts Add to Requirements for Default Judgment

19 July 2018


N.D. California: 1692g Validation Notice Not Overshadowed by CFDBPA Disclosure

21 June 2018


NCB Management Services, Inc. Secures New $150 Million Credit Facility for Portfolio Acquisitions

18 June 2018


FDCPA Caselaw Review for April 2018

22 May 2018

Can Risk Be Outsourced? Understanding Your Downstream Partners' Liabilities

3 May 2018


The Calm After the (Massachusetts Debt Buyer) Storm

17 April 2018


Massachusetts Court Rules in Favor of Passive Debt Buyers

12 April 2018

RIP Medical Debt Picks Up Steam With National Attention

5 March 2018


Stirling Capital Management to Become Stirling Capital Advisors

12 February 2018


RMA Elects Directors and Officers

12 February 2018

New Website Makes Responding to Collection Lawsuits Easier for Consumers

24 January 2018

AdobeStock--Kaspars Grinvalds--justice-court-judge

Perfect Storm Coalesces as Division of Banks, Debt Buyers and Consumer Lawyers Await Decision in Massachusetts

16 January 2018


Indiana District Court Adopts Supreme Court's Analysis of Definition of a Debt Collector

31 October 2017

Court Rules Verification Docs Fulfill “Least Sophisticated Consumer” Standard

21 September 2017


Encore Capital Group Announces Q2 Results, Provides Views on State of the Industry

8 August 2017