Please download the dossier by clicking on the dossier button x
×

Systems and methods for increasing recovery rates on delinquent financial accounts

  • US 20040073504A1
  • Filed: 10/10/2002
  • Published: 04/15/2004
  • Est. Priority Date: 10/10/2002
  • Status: Abandoned Application
First Claim
Patent Images

1. A method for managing a delinquent financial account of a customer, comprising:

  • charging-off the debt associated with the delinquent financial account;

    keeping the delinquent financial account open;

    restructuring the charged-off debt of the delinquent financial account to reduce a required payment amount for the account from the customer; and

    closing the delinquent financial account when the reduced required payment amount is not received from the customer.

View all claims
  • 1 Assignment
Timeline View
Assignment View
    ×
    ×