SYSTEMS, METHODS AND COMPUTER PROGRAM PRODUCTS THAT FACILITATE SATISFACTION OF FINANCIAL OBLIGATIONS

• US 20140032402A1
• Filed: 07/25/2012
• Published: 01/30/2014
• Est. Priority Date: 07/25/2012
• Status: Abandoned Application

• Current Assignee: PRA Group, Inc.
• Original Assignee: PRA Group, Inc.
• Inventors: Stern, Neal Harris, McCammon, Peter Kent, Shumadine, Elizabeth Wells, Mancia, Francesco Domenico, Everroad, Glen Alyn
• Application Number:
  US13/557,999
• Publication Number:
  US 20140032402A1
• Time in Patent Office: Days
• US Class Current: 705/40
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Financial obligation satisfaction methods, systems and computer program products aggregate data from a plurality of third parties regarding financial obligations of a plurality of persons, monitor the data to determine if a person has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount, and initiate a financial obligations satisfaction process in response to determining that the person has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount. Initiating a financial obligation satisfaction process may include distraining property of the person and may include providing information about how to satisfy the one or more financial obligations.

Claims

1. A financial obligation satisfaction method, comprising:

aggregating data from a plurality of third parties regarding financial obligations of a plurality of persons;

monitoring the data to determine if a person has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount; and

initiating a financial obligation satisfaction process in response to determining that the person has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount,

wherein at least one of aggregating data, monitoring the data and initiating a financial obligation satisfaction process is performed using at least one processor.

2. The method of claim 1, wherein initiating a financial obligation satisfaction process comprises distraining property of the person.

3. The method of claim 1, wherein initiating a financial obligation satisfaction process comprises identifying a vehicle owned by the person and distraining the vehicle.

4. The method of claim 3, wherein distraining the vehicle comprises immobilizing the vehicle or impounding the vehicle.

5. The method of claim 1, wherein initiating a financial obligation satisfaction process comprises providing information to the person about one or more financial obligations of the person, including information about how to satisfy the one or more financial obligations.

6. The method of claim 5, wherein providing information to the person about the one or more financial obligations comprises displaying, via a display device in communication with the at least one processor, a listing of the one or more financial obligations of the person.

7. The method of claim 6, further comprising displaying, via the display device, information regarding how to satisfy the one or more financial obligations.

8. The method of claim 7, wherein the one or more financial obligations in the listing are selectable, and wherein information regarding how to pay a financial obligation is displayed in response to selection of the respective financial obligation.

9. The method of claim 7, wherein displaying information regarding how to satisfy the one or more financial obligations in the listing comprises displaying one or more financial payment options that can be utilized to pay the one or more financial obligations via the at least one processor.

10. The method of claim 9, further comprising processing, via the at least one processor, a financial payment via one of the one or more financial payment options.

11. The method of claim 9, further comprising providing, via the at least one processor, access to a remote entity that can process an online payment of the one or more financial obligations.

12. The method of claim 1, wherein at least one of the third parties is a parking authority.

13. The method of claim 1, wherein the third parties are in different legal jurisdictions.

14. A method of facilitating satisfaction financial obligations, the method comprising:

receiving, via a data processing system, an identification of property distrained as a result of one or more financial obligations of a person associated with the property; and

displaying, via a display device in communication with the data processing system, a listing of the one or more financial obligations of the person in response to receiving the property identification, wherein the one or more financial obligations are owed to one or more third parties in one or more legal jurisdictions.

15. The method of claim 14, further comprising displaying, via the display device, information regarding how to satisfy the one or more financial obligations.

16. The method of claim 15, wherein the one or more financial obligations in the listing are selectable, and wherein information regarding how to satisfy a financial obligation is displayed in response to selection of the respective financial obligation.

17. The method of claim 14, further comprising updating the listing of one or more financial obligations in real time to reflect satisfaction of any of the one or more financial obligations.

18. The method of claim 15, wherein displaying information regarding how to satisfy the one or more financial obligations in the listing comprises displaying one or more financial payment options that can be utilized to pay the one or more financial obligations via the data processing system.

19. The method of claim 18, further comprising processing, via the data processing system, a financial payment via one of the one or more financial payment options.

20. The method of claim 14, further comprising providing, via the data processing system, access to a remote entity that can process an online payment of the one or more financial obligations.

21. The method of claim 14, wherein the distrained property is a vehicle, and wherein the identification of property comprises license plate information for the vehicle.

22. The method of claim 14, wherein the distrained property is a vehicle and wherein the one or more third parties comprise one or more parking authorities in one or more legal jurisdictions.

23. A method of releasing property from distrainment, wherein an owner of the property has one or more outstanding financial obligations, the method comprising:

entering an identification of the property via a first user interface in communication with a data processing system;

verifying, via a second user interface displayed by the data processing system in response to entering the property identification, that the one or more financial obligations have been paid, wherein the second user interface displays an indication that the one or more financial obligations have been paid; and

releasing the property from distrainment.

24. The method of claim 23, wherein releasing the property from distrainment, comprises releasing the property from impoundment.

25. The method of claim 23, wherein the property is a vehicle, and wherein releasing the property from distrainment, comprises removing an immobilizing device from the vehicle.

26. The method of claim 25, wherein releasing the property from distrainment, comprises providing a person with instructions for use in removing the immobilizing device from the vehicle.

27. A method of distraining a vehicle, the method comprising:

obtaining identification information for a vehicle;

determining if an owner of the vehicle has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount to one or more third parties in one or more legal jurisdictions; and

immobilizing the vehicle in response to determining that the threshold number of financial obligations and/or threshold financial obligation amount has been exceeded.

28. The method of claim 27, wherein the vehicle identification information comprises license plate information for the vehicle.

29. The method of claim 27, further comprising providing information to the vehicle owner about each financial obligation, including information about how to satisfy each financial obligation.

30. The method of claim 27, wherein the one or more third parties comprise one or more parking authorities in one or more legal jurisdictions.

31. A system that facilitates satisfaction of financial obligations, the system comprising at least one processor configured to:

aggregate data from a plurality of third parties regarding financial obligations of a plurality of persons;

monitor the data to determine if a person has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount owed; and

initiate a financial obligation satisfaction process in response to determining that the person has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount.

32. The system of claim 31, wherein the at least one processor is configured to identify a vehicle associated with the person and initiate distrainment of the vehicle.

33. The system of claim 31, wherein the at least one processor is configured to display, via a display device in communication with the processor, a listing of one or more financial obligations of the person.

34. The system of claim 33, wherein the at least one processor is configured to display, via the display device, information regarding how to satisfy the one or more financial obligations.

35. The system of claim 31, wherein at least one of the third parties is a parking authority.

36. The system of claim 31, wherein the third parties are in different legal jurisdictions.

37. A system that facilitates satisfaction of outstanding financial obligations, the system comprising at least one processor configured to:

receive an identification of property distrained as a result of one or more financial obligations of a person associated with the property; and

display, via a display device, a listing of the one or more financial obligations of the person in response to receiving the property identification, wherein the one or more financial obligations are owed to one or more third parties in one or more legal jurisdictions.

38. The system of claim 37, wherein the at least one processor is configured to display, via the display device, information regarding how to satisfy the one or more financial obligations.

39. The system of claim 38, wherein the one or more financial obligations in the listing are selectable, and wherein the at least one processor is configured to display information regarding how to satisfy a financial obligation in response to selection of the respective financial obligation.

40. The system of claim 38, wherein the at least one processor is configured to display one or more financial payment options that can be utilized to pay the one or more financial obligations.

41. The system of claim 40, wherein the at least one processor is configured to process a financial payment via one of the one or more financial payment options.

42. The system of claim 37, wherein the at least one processor is configured to provide access to a remote entity that can process an online payment of the one or more financial obligations.

43. The system of claim 37, wherein the distrained property is a vehicle and wherein the identification of property comprises license plate information for the vehicle.

44. A system that facilitates vehicle distrainment, the system comprising at least one processor configured to:

receive identification information for a vehicle; and

determine if an owner of the vehicle has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount to one or more third parties in one or more legal jurisdictions.

45. The system of claim 44, wherein the vehicle identification information comprises license plate information for the vehicle.

46. The system of claim 44, wherein the at least one processor is configured to:

provide information to the vehicle owner about each financial obligation; and

display one or more financial payment options that can be utilized by the vehicle owner to pay each financial obligation.

47. A computer program product that facilitates satisfaction of financial obligations, comprising a non-transitory computer readable storage medium having encoded thereon instructions that, when executed on a computer, causes the computer to:

aggregate data from a plurality of third parties regarding financial obligations of a plurality of persons;

monitor the data to determine if a person has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount owed; and

initiate a financial obligation satisfaction process on the person in response to determining that the person has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount.

48. A computer program product that facilitates satisfaction of outstanding financial obligations, comprising a non-transitory computer readable storage medium having encoded thereon instructions that, when executed on a computer, causes the computer to display a listing of one or more financial obligations of a person in response to receiving an identification of distrained property associated with the person, wherein the one or more financial obligations are owed to one or more third parties in one or more legal jurisdictions.

49. The computer program product of claim 48, wherein the computer readable storage medium has encoded thereon instructions that, when executed on a computer, causes the computer to display information regarding how to satisfy the one or more financial obligations.

50. The computer program product of claim 49, wherein the computer readable storage medium has encoded thereon instructions that, when executed on a computer, causes the computer to display one or more financial payment options that can be utilized to pay the one or more financial obligations and to process a financial payment via one of the one or more financial payment options.

51. The computer program product of claim 49, wherein the computer readable storage medium has encoded thereon instructions that, when executed on a computer, causes the computer to provide access to a remote entity that can process an online payment of the one or more financial obligations.

52. A computer program product that facilitates vehicle distrainment, comprising a non-transitory computer readable storage medium having encoded thereon instructions that, when executed on a computer, causes the computer to receive identification information for a vehicle, and determine if an owner of the vehicle has exceeded a threshold number of financial obligations and/or a threshold financial obligation amount owed to one or more third parties in one or more legal jurisdictions.

53. The computer program product of claim 52, wherein the computer readable storage medium has encoded thereon instructions that, when executed on a computer, causes the computer to display information about each financial obligation, including information about how to satisfy each financial obligation.