Methods, software programs, and systems for managing one or more liabilities
First Claim
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1. A method implemented by a programmed computer system for managing debt issued by a borrower, comprising:
- obtaining, with the computer system, an expected principal amortization period associated with a first credit, the first credit issued by a borrower and included in a debt;
adjusting, with the computer system, the expected principal amortization period associated with the first credit, said adjustment of the expected principal amortization period associated with the first credit resulting in an extension of the expected principal amortization period associated with the first credit; and
applying, during a time period when a benchmark interest rate is below a predetermined interest rate level, at least part of an amount made available from the adjustment made with the computer system to at least partially defease a second credit, wherein the second credit is issued by the borrower and included in the debt.
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Abstract
The present invention relates to various methods, software programs, and systems for managing one or more liabilities. More particularly, certain embodiments of the present invention relate to methods, software programs, and systems for managing debt in the form of at least one credit issued by a borrower.
31 Citations
18 Claims
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1. A method implemented by a programmed computer system for managing debt issued by a borrower, comprising:
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obtaining, with the computer system, an expected principal amortization period associated with a first credit, the first credit issued by a borrower and included in a debt; adjusting, with the computer system, the expected principal amortization period associated with the first credit, said adjustment of the expected principal amortization period associated with the first credit resulting in an extension of the expected principal amortization period associated with the first credit; and applying, during a time period when a benchmark interest rate is below a predetermined interest rate level, at least part of an amount made available from the adjustment made with the computer system to at least partially defease a second credit, wherein the second credit is issued by the borrower and included in the debt. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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15. A processor-implemented method for managing borrower-issued debt, comprising:
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electronically obtaining an expected principal amortization period associated with a first credit issued by a borrower, wherein the first credit is included as debt; processor-adjusting the expected principal amortization period associated with the first credit, said adjustment of the expected principal amortization period associated with the first credit resulting in an extension of the expected principal amortization period associated with the first credit; and electronically applying, during a time period when a benchmark interest rate is below a predetermined interest rate level, at least part of an amount made available from the adjustment to at least partially defease a second credit when a yield on the second credit is above a yield on the first credit and the second credit is callable, wherein the second credit is issued by the borrower and included in the debt. - View Dependent Claims (16, 17)
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18. A method implemented by a programmed computer system for managing debt issued by a borrower, comprising:
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obtaining, with the computer system, an expected principal amortization period associated with a first credit, the first credit issued by a borrower and included in a debt, wherein the first credit is a series of variable rate demand bonds; adjusting, with the computer system, the expected principal amortization period associated with the first credit, said adjustment of the expected principal amortization period associated with the first credit resulting in an extension of the expected principal amortization period associated with the first credit; and applying, when a yield on the second credit is above a yield on the first credit, at least part of an amount made available from the adjustment made with the computer system to at least partially defease a second credit, wherein the second credit is issued by the borrower and included in the debt, wherein the second credit forms a variable rate credit, wherein the first and second credits are issued at different time, wherein applying at least part of the amount made available from the adjustment made with the computer system to at least partially defease the second credit is obligated, wherein the obligation result from a practice of the borrower.
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Specification