Method and system for processing unclaimed property information

US7054833B1 · kind B1 · utility

Inventor

• Patrick McDonald · Holliston, US

Key dates

• Filing date: Oct 27, 2000
• Grant date: May 30, 2006
• Expiry date: May 22, 2022

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0633
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method and system for processing unclaimed property information. Escheat or unclaimed property information is periodically obtained from one or more unclaimed property repositories. The unclaimed property information maintained in multiple formats at the one or more unclaimed property repositories is transformed into a unified database format. Multiple database records are created in an unclaimed property database using the unified database format. Owners of unclaimed property, identified in the unclaimed property database are automatically located by searching one or more other databases on public and private computer networks such as the Internet. A located owner of unclaimed property is automatically notified as to the existence and amount of unclaimed property with electronic mail, an automatic voice recording or via paper documents. A graphical user interface available on a computer network is presented that allows an identified owner of unclaimed property to request unclaimed property. The graphical user interface is used to automatically request that unclaimed property from the one or more unclaimed property repositories for the identified owner be disbursed to the identif…