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 four Americans have defaulted with this debt, which provides opportunity for the debt collection industry.

File Type: pdf
Categories: 2024, Author, Commercial Law World, Volume 38 Issue 4
Tags: commercial collection, creditors'rights
Author: Michelle Gilbert Esq
Cover, CLW Magazine, Vol 38 Issue 4