Patents by Inventor Brian F. Stone

Brian F. Stone has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • System and Mehtod for Providing a Credit Account for Debt Recovery
    Publication number: 20100205089
    Abstract: The invention includes systems and methods for providing a credit account for debt recovery. A recovery credit account is provided for a customer with an existing charged-off debt. Some of the customer's charged-off debt may be forgiven as part of a settlement when the customer enrolls in the recovery credit account, but the opening balance of the recovery credit account will represent the entire debt obligation of the customer going forward. The recovery credit account includes a credit limit that is lower than the opening balance. Reducing the account balance to less than the credit limit triggers open-to-buy status, issuance of a credit card, and activation of over the limit fees for future balances over the credit limit.
    Type: Application
    Filed: April 20, 2010
    Publication date: August 12, 2010
    Inventors: Krishnakumar Srinivasan, Brian F. Stone, Mark R. Pendleton
  • System and method for providing a credit account for debt recovery
    Patent number: 7720757
    Abstract: The invention includes systems and methods for providing a credit account for debt recovery. A recovery credit account is provided for a customer with an existing charged-off debt. Some of the customer's charged-off debt may be forgiven as part of a settlement when the customer enrolls in the recovery credit account, but the opening balance of the recovery credit account will represent the entire debt obligation of the customer going forward. The recovery credit account includes a credit limit that is lower than the opening balance. Reducing the account balance to less than the credit limit triggers open-to-buy status, issuance of a credit card, and activation of over the limit fees for future balances over the credit limit.
    Type: Grant
    Filed: November 12, 2003
    Date of Patent: May 18, 2010
    Assignee: Compucredit Intellectual Property Holdings Corp. II
    Inventors: Krishnakumar Srinivasan, Brian F. Stone, Mark R. Pendleton