The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 07, 2010
Filed:
Oct. 21, 2008
Debashis Ghosh, Charlotte, NC (US);
Yanghong Shao, Charlotte, NC (US);
David Joa, Pacifica, CA (US);
Kurt Newman, Matthews, NC (US);
Sudeshna Banerjee, Waxhaw, NC (US);
Thayer Allison, Charlotte, NC (US);
Arun Pinto, Charlotte, NC (US);
Preston Wesley Ports, Iii, Charlotte, NC (US);
Mark Krein, Charlotte, NC (US);
Debashis Ghosh, Charlotte, NC (US);
Yanghong Shao, Charlotte, NC (US);
David Joa, Pacifica, CA (US);
Kurt Newman, Matthews, NC (US);
Sudeshna Banerjee, Waxhaw, NC (US);
Thayer Allison, Charlotte, NC (US);
Arun Pinto, Charlotte, NC (US);
Preston Wesley Ports, III, Charlotte, NC (US);
Mark Krein, Charlotte, NC (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
Systems, methods, and computer program products are provided for optimizing amounts collected in an offset action where a creditor garnishes funds from a debtor's deposits account to satisfy delinquent debt payments. In operation, embodiments of the present invention leverage a deposits account's transaction history to detect a deposit pattern for the account and, based on the detected pattern, predict the date of the next large deposit to the garnishable account. An offset associate, using the present invention, can then schedule the offset action to occur on the expected date of the next large deposit.