Invention Grant
- Patent Title: Method and system for the automation of abatement of fine recovery
- Patent Title (中): 自动化减轻精细回收的方法和系统
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Application No.: US13540206Application Date: 2012-07-02
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Publication No.: US08452696B1Publication Date: 2013-05-28
- Inventor: William Donald Morean , Christopher Jae Heinberg , Harvey Emory Stringer, Jr.
- Applicant: William Donald Morean , Christopher Jae Heinberg , Harvey Emory Stringer, Jr.
- Applicant Address: US FL Jacksonville
- Assignee: Association Capital Resources, LLC
- Current Assignee: Association Capital Resources, LLC
- Current Assignee Address: US FL Jacksonville
- Agency: Foley & Lardner LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q40/04

Abstract:
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.
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