Debt buyers
Debt buyers Debt buyers (DBs) purchase bad debts from the original creditor for a percentage of the full debt’s face value at a discounted price. They are either part of debt collection agencies or part of private debt recovery organisations or law firms, and are directly bound up with the debt collection process. After the purchase of the default amounts, debt purchasers become creditors and possess the legal right to collect the debts by themselves on behalf of their own company.