Summary
CollectWise automates consumer debt collection using AI agents. Founded by Sean OBrien, they handle the entire late-stage recovery process including asset research, pre-legal outreach, litigation, credit reporting, and enforcement actions like garnishments and liens. They solve the inefficiency of traditional collection agencies that rely on manual work and costly attorneys. Their continuous learning model researches each debtor's financial profile to craft personalized collection strategies, helping creditors achieve 2X higher recovery rates while reducing costs by 50%.