Methods and systems for providing debt recovery partnership
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Mar 23, 2010
Grant Date -
Sep 5, 2002
app pub date -
Mar 1, 2001
filing date -
Mar 1, 2001
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
Methods and systems for collecting payments from customers having delinquent accounts are disclosed. Under a debt recovery partnership, a debt recovery service extends an offer for a debt recovery product to a customer with a delinquent account. If the offer is accepted, the debt recovery service receives an acceptance to the offer from the customer and, thereafter, pays a commission for the delinquent account to the partner. The partner ceases attempts to collect payments on the delinquent account corresponding to the accepted offer and continues attempts to collect payments on delinquent accounts not corresponding to an accepted offer.
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