WILLIAM DONALD MOREAN
Pilots at Cowger Rd, Luther, MT

License number
Montana A2211972
Issued Date
Mar 2016
Expiration Date
Mar 2018
Category
Airmen
Type
Authorized Aircraft Instructor
Address
Address
67 Cowger Rd, Luther, MT 59068

Professional information

William Morean Photo 1

Method And System For The Automation Of Abatement Of Fine Recovery

US Patent:
8452696, May 28, 2013
Filed:
Jul 2, 2012
Appl. No.:
13/540206
Inventors:
William Donald Morean - Red Lodge MT, US
Christopher Jae Heinberg - Tampa FL, US
Assignee:
Association Capital Resources, LLC - Jacksonville FL
International Classification:
G06Q 40/00, G06Q 40/04
US Classification:
705 37
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.