专利名称 | METHOD AND SYSTEM FOR THE AUTOMATION OF ABATEMENT OF FINE RECOVERY | ||
申请号 | US13902273 | 申请日 | |
公开(公告)号 | US20140006254A1 | 公开(公告)日 | |
申请(专利权)人 | Association Capital Resources LLC | 发明人 | William Donald Morean; Christopher Jae Heinberg; Harvey Emory Stringer JR |
专利来源 | 国家知识产权局 | 转化方式 | |
摘要 |
Municipalities, local authorities and agencies fine property owners for property infractions each year. When these property fines are not collected, they are turned into a lien assessed against the property, which is superior to other liens, title, and claims until paid. These liens are assessed for violations and accumulated on the real estate title. In many cases these liens are never collected, resulting in the loss of revenue to municipalities, local authorities and agencies. The described methodology is a process to improve on the collectability of these liens. Information is analyzed and categorized according to probability of collection. Once the system determines the value of the special assessment lien, upfront funding can be offered to the municipalities, local authorities and agencies. The system manages the debtor information and communications in order for the municipalities, local authorities and agencies to track collection efforts that contribute to the recovery of lost revenues. |