Hill Day
While most of the consumer protection laws that are rapidly expanding to our world of commercial collections are in the state legislatures and not Congress, we must all be vigilant that the consumer world as it exists in places like NYC and California does not come to...
Debt Collection and Artificial Intelligence: Help or Hindrance
Artificial intelligence (AI) continues to impact many business sectors, including debt collection. The average financial burden per U.S. household averages a little over $100,000 per household which includes mortgages, car loans, student loans and credit cards. One in...
Update on the Uniform Law Commission’s Uniform Assignment for the Benefit of Creditors Act Committee
The Uniform Law Commission (“ULC”) Committee to Create a Uniform Assignment for the Benefit of Creditor Act met on November 22nd and 23rd, 2024 to discuss the latest draft of the Assignment for the Benefit of Creditors Act which incorporates all revisions from the...
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