System and method for debt presentment and resolution

• US 9,659,326 B2
• Filed: 11/11/2011
• Issued: 05/23/2017
• Est. Priority Date: 03/12/1999
• Status: Expired due to Term

• Current Assignee: Katabat LLC
• Original Assignee: Collections Marketing Center Incorporated (Ontario Systems, LLC)
• Inventors: Evans, Scott L.
• Primary Examiner(s): Zeender, Ryan
• Assistant Examiner(s): Amsdell, Dana
• Application Number:
  US13/294,830
• Publication Number:
  US 20120191595A1
• Time in Patent Office: 2,020 Days
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof

Abstract

A system and method for debt presentment and resolution through an Intranet or Internet content provider is disclosed. Said system and method include a plurality of “transaction communities” which are electronic forums allowing interaction between a plurality of debtors and creditors through means of electronic mail (e-mail) or other electronic communication means. The Internet/Intranet based software application allows said debtors to access and input information related to a particular debt with any Internet browser software. Said debtors are provided with the URL (Universal Resource Locator) for said content provider along with a unique identification code from the collection agency(s) through mail correspondence or other communication means. Upon said user entering said URL and entering said identification code, said user may then proceed to choose from a variety of settlement options listed on the HTML (HyperText Markup Language) page.

Claims

1. A method for gathering information pertinent to a debt for purposes of compiling a transaction settlement offer set of a plurality of offers for settling and resolving the debt, the method performed using a computing device and comprising:

collecting credit information including information about a user'"'"'s current financial condition using a server for use in compiling the transaction settlement offer set according to a set of predetermined offer set rules, the transaction settlement offer set comprising a plurality of individually selectable monetary offers each comprising different decisioned monetary settlement terms specifically determined for the user based on the set of predetermined offer set rules and collected credit information including available information about the user'"'"'s current financial condition and further determined to facilitate settlement of the debt by modifying existing terms of the debt without providing a new debt instrument to the user using terms of one individually selectable monetary offer selected by the user, wherein a payment option includes secure acceptance of checks through the integration of an automated customer check printing means into an Internet transaction system; and

wherein upon selection of one offer by the user, the server obtains user payment information and processes at least a portion of the one offer selected by the user;

wherein the collecting credit information including information about the user'"'"'s current financial condition using the server comprising employing the server to perform at least one from a group comprising;

seeking credit information related to personal data regarding the user from a personal data source separate from the user, a user device, and the server;

seeking credit information related to account data regarding a user account from an account data source separate from the user, the user device, and the server;

seeking information related to macroeconomic data from a macroeconomic source separate from the user, the user device, and the server; and

seeking credit information related to the debt from a transaction data source separate from the user, the user device, and the server.

2. A system configured to gather information pertinent to a debt for purposes of compiling a transaction settlement offer set of at least one offer for settling the debt, the system comprising:

a server configured to seek credit information including information about a user'"'"'s current financial condition for use in compiling the transaction settlement offer set according to a set of predetermined offer set rules, the transaction settlement offer set comprising a plurality of individually selectable monetary offers each comprising different decisioned monetary settlement terms specifically determined for the user based on the set of predetermined offer set rules and available information about the user'"'"'s current financial condition, and further determined to facilitate settlement of the debt, each individually selectable monetary offer selectable by the user to establish settlement of the debt by modifying existing terms of the debt without providing a new debt instrument to the user using terms of one individually selectable monetary offer selected by the user, wherein a payment option includes secure acceptance of checks through the integration of an automated customer check printing means into an Internet transaction system; and

wherein upon selection of one offer by the user, the server obtains user payment information and processes at least a portion of the one offer selected by the user;

and a memory configured to store information related to the debt;

wherein the server is configured to seek at least one from a group comprising;

credit information related to personal data regarding the user;

credit information related to account data regarding a user account;

information related to macroeconomic data; and

credit information related to the debt;

wherein said server is further configured to seek information from a source separate from the server and the user and a user device.

3. A method for gathering information pertinent to a debt for purposes of compiling a transaction settlement offer set of at least one offer to a user for purposes of settling the debt, the method performed using a computing device and comprising:

collecting credit information including information about a user'"'"'s current financial condition using a server for use in compiling the transaction settlement offer set according to a set of predetermined offer set rules, the transaction settlement offer set comprising a plurality of individually selectable monetary offers each comprising different decisioned monetary settlement terms specifically determined for the user based on the set of predetermined offer set rules and available information about the user'"'"'s current financial condition, and further determined to facilitate settlement of the debt, each individually selectable monetary offer selectable by the user to establish settlement of the debt by modifying existing terms of the debt without providing a new debt instrument to the user using terms of one individually selectable monetary offer selected by the user, wherein a payment option includes secure acceptance of checks through the integration of an automated customer check printing means into an Internet transaction system; and

wherein upon selection of one offer by the user, the server obtains user payment information and processes at least a portion of the one offer selected by the user;

wherein the collecting credit information using the server comprises employing the server to perform at least one from a group comprising;

seeking credit information related to personal data regarding the debtor user from a credit source separate from the debtor, a debtor device, and the server;

seeking credit information related to account data regarding a debtors account from a financial source separate from the debtor, the debtor device, and the server;

seeking information related to macroeconomic data from a macroeconomic source separate from the debtor, the debtor device, and the server; and

seeking credit information related to data regarding the debt from a data source separate from the debtor, the debtor device, and the server.