Method to improve debt collection practices

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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C705S035000

Reexamination Certificate

active

10200262

ABSTRACT:
A method of improving debt collection from a debtor acquires pertinent debtor information in real time or near-real-time. Newly acquired debtor information is used in a debt collection decision procedure which determines the appropriate debt collection strategy to use with a debtor based upon the most recently acquired information. A preliminarily used debt collection procedure can be adapted or modified in real time, or on-the-fly, using the most up-to-date information, which is typically best acquired during a debt collection process.

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