Automated trustee payments system
US11263600B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 24, 2016 |
| Grant date | Mar 1, 2022 |
| Priority date | — |
| Expiry date | Apr 29, 2040 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/03
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present automated trustee payments system implements a series of automated processes which significantly reduce, and in many cases, eliminate a creditor user's work that is required to accurately and timely process incoming Chapter 13 Trustee remittances. The automated trustee payments system also effects application of the funds to the proper bankrupt debtor accounts and accounts for the funds against the proper creditor's loan account segments (e.g., the bankruptcy estate pre-petition indebtedness or the post-petition ongoing payments).
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.