Systems and methods for automating credit counseling and debt management programs
First Claim
1. A credit counseling and debt management system, comprising in combination, a means for collecting client information;
- a means for collecting creditor information, where said means stores said creditor information in relationships to other creditor records; and
a means for processing payments and disbursements utilizing said client and said creditor information, where said means for processing payments has the ability to automatically disburse a sum payment based on desired distribution schemes.
1 Assignment
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Accused Products
Abstract
Credit management systems and methods are disclosed that efficiently and automatically manage a high volume of credit counseling agencies'"'"' work, store flexible rules and relationships between creditors and clients, automatically implement rules universally, automatically process payments and disbursements based on the rules, and maximize fairshare to credit counseling agencies. The credit management system comprises a database tier, a business tier, and a presentation tier. The system assigns various groups of tasks to various modules, programs. The first contact module, the appointment schedule module, the counseling module, the creditor management module, the proposal submission module, the payment and disbursement module, and the action management module all perform various tasks based on universal and particulars rules.
119 Citations
17 Claims
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1. A credit counseling and debt management system, comprising in combination,
a means for collecting client information; -
a means for collecting creditor information, where said means stores said creditor information in relationships to other creditor records; and
a means for processing payments and disbursements utilizing said client and said creditor information, where said means for processing payments has the ability to automatically disburse a sum payment based on desired distribution schemes. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A credit counseling and debt management system comprising, in combination,
a client information module; -
a creditor information module, where information for each creditor is stored in relation to other creditors;
a payment and disbursement module, where said payment and disbursement module collects payments as one sum payment from various sources at various times and automatically disburses said sum payment based on desired disbursement schemes; and
a schedule module, where said schedule module tracks workers'"'"' schedules, automatically displays schedules based on worker criteria, and automatically adjusts scheduled times based on client criteria. - View Dependent Claims (10, 11, 12, 13, 14)
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15. A method of electronic payment and disbursement comprising the steps of:
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electronically collecting small payments from various sources at various times;
electronically combining said small payments as a sum payment into a trust account; and
automatically disbursing said sum payment based on desired disbursement schemes. - View Dependent Claims (16, 17)
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Specification