Debt Monitoring System

• US 20080235118A1
• Filed: 03/20/2008
• Published: 09/25/2008
• Est. Priority Date: 03/21/2007
• Status: Abandoned Application

• Current Assignee: Paul Steven Stemp
• Original Assignee: Paul Steven Stemp
• Inventors: Stemp, Paul Steven
• Application Number:
  US12/052,116
• Publication Number:
  US 20080235118A1
• Time in Patent Office: Days
• US Class Current: 705/30
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

A debt monitoring system for use by suppliers of a service such as child care centers which provide child care services to a number of users, the child care centres being provided with a computer having data recording means for recording data of each user of the service provided by that child care centre, the data including debt and payment records of the users and central data recording means which can upload the user data from the computer of each child care centre and analyse the data to determine users who default in payment to the child care centre. The debt monitoring system can also be applied to other suppliers of goods and/or services to a plurality of purchasers.

Claims

1. A debt monitoring system for use by a plurality of suppliers which supply goods and/or services on credit to respective purchasers of those goods and/or services, each said supplier having data recording means for recording data of each said purchaser, said data including debts to said supplier in respect of goods and/or services provided or to be provided by said supplier to said purchaser and payment records in relation to said debts, and central data recording means for recording said purchaser data from said plurality of suppliers, means for transferring said purchaser data from the data recording means of respective said suppliers to said central data recording means, and means for determining from said transferred purchaser data, the purchasers who do not meet payment conditions prescribed by a said supplier for goods and/or services provided or to be provided by a said supplier.

2. A debt monitoring system as claimed in claim 1 wherein said supplier'"'"'s data recording means comprises a software programmed computer adapted to receive and store data of all purchasers of the services or goods provided by the supplier including debts owing and payment records.

3. A debt monitoring system as claimed in claim 1 wherein said transfer of purchaser data from the data recording means of a supplier to the central data recording means is triggered by one of automatically at predetermined time or date intervals, under the control of the supplier or as prompted from the central date recording means.

4. A debt monitoring system as claimed in claim 1 wherein said central data recording means includes a central computer having common database in which the purchaser data of all users of suppliers is recorded, said central computer being adapted to analyse the purchasers'"'"' data held in the common database and provide a list of defaulting or non-paying purchasers.

5. A debt monitoring system as claimed in claim 4 wherein said list of defaulting purchaser of a supplier is provided to said supplier and wherein means are provided to enable a said supply to remove one or more purchasers from said list.

6. A debt monitoring system as claimed in claim 5 wherein said defaulting purchaser list is provided to the supplier by one of email or through a web site accessible to a said supplier.

7. A debt monitoring system as claimed in claim 6 and including means for providing a credit rating of defaulting purchases in the list of defaulting purchasers.

8. A debt monitoring system as claimed in claim 7 wherein said credit rating is calculated automatically by said central computer during analysis of the payment records of purchasers against the debts owing.

9. A debt monitoring system as claimed in claim 8 wherein said credit rating is based on the time a debit or account has been outstanding and/or the size of the outstanding debit or account.

10. A debt monitoring system as claimed in claim 1 wherein said central computer upon analysis of the purchaser data from respective suppliers is adapted to detect a defaulting purchaser from one supplier whose data is uploaded from another supplier whereby to enable a defaulting purchaser of one supplier to be located from purchaser'"'"'s data obtained from another supplier.

11. A debt monitoring system as claimed in claim 4 wherein each supplier is required to be a member of the debt monitoring system and wherein membership of said system by said suppliers provides said suppliers with access to the central data recording means to view the list of defaulting purchasers of all member suppliers.

12. A debt monitoring system as claimed in claim 1 and for use in association with a debt collection agency accessible to said suppliers to facilitate recovery of debts due to the supplier and wherein said central data recording means is accessible to said debt collection agency.

13. A debt monitoring system for use by a plurality of child care centers which provide child care services to respective users, each said child care centre having data recording means for recording data of each user of the service provided by said child care centre, said data including debt and payment records of a said user for services provided or to be provided by a said child care centre, and central data recording means for recording said user data from each child care centre, means for transferring said user data from the data recording means of respective said child care centers to said central data recording means, and means determining from said transferred user data, defaulting users who do not meet payment conditions prescribed by a said child care center for child care services provided by a said child care centre.

14. A debt monitoring system as claimed in claim 13 wherein said data recording means of said child care centre comprises a computer and the transfer or uploading of user data from a child care centre to the central data recording means occurs by one of automatically at regular time intervals, under the control of the child care centre, or as prompted from said central data recording means.

15. A debt monitoring system as claimed in claim 14 wherein said computer is software programmed to record the user data of all users of the services provided by the child care centre including debt and payment records of a user for transmission or uploading to said central data recording means.

16. A debt monitoring system as claimed in claim 15 wherein said central data recording means includes a central computer having common database in which the user data of all users of child care centers may be recorded and wherein said central computer is adapted to analyse the user data held in the common database to establish from the debt owing and payment records contained in the user data, defaulting users of child care centers.

17. A debt monitoring system as claimed in claim 16 and including means for providing a list of said defaulting to the child care centre'"'"'s computer to enable the child care centre to decide or determine whether one or more defaulting users should remain in the list of defaulting users.

18. A debt monitoring system as claimed in claim 17 and including means for providing child care centers with access to said common database to enable a child care centre to view the list of defaulting users of all member child care centers.

19. A debt monitoring system as claimed in claim 17 wherein said central computer upon analysis of said payment records of purchasers against the debts owing is adapted to rate defaulting purchasers in said list with a credit rating.

20. A debt monitoring system as claimed in claim 19 and for use in connection with a debt collection agency accessible to said child care centers for collection of debts owing by defaulting purchasers, said central database being accessible to said debt collection agency.