Patents by Inventor Peter A. Schnall

Peter A. Schnall 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).

  • Patent number: 7702552
    Abstract: A method and apparatus are provided for notifying a guarantor associated with a guaranteed loan of events likely to affect their interest in the guaranteed loan. The disclosed method and apparatus provides loan data with information on at least one guaranteed loan wherein the loan data includes information on the terms of the loan. The method and apparatus then monitors changes in the loan data and determines when changes in the loan data corresponding to the at least one guaranteed loan indicates a likelihood that the terms of the loan may not be met. Based on the determination the method and apparatus provides a notification to the guarantor based on the determination that the loan terms may not be met.
    Type: Grant
    Filed: February 6, 2008
    Date of Patent: April 20, 2010
    Assignee: Capital One Financial Corporation
    Inventor: Peter A. Schnall
  • Publication number: 20080215481
    Abstract: A method and apparatus are provided for notifying a guarantor associated with a guaranteed loan of events likely to affect their interest in the guaranteed loan. The disclosed method and apparatus provides loan data with information on at least one guaranteed loan wherein the loan data includes information on the terms of the loan. The method and apparatus then monitors changes in the loan data and determines when changes in the loan data corresponding to the at least one guaranteed loan indicates a likelihood that the terms of the loan may not be met. Based on the determination the method and apparatus provides a notification to the guarantor based on the determination that the loan terms may not be met.
    Type: Application
    Filed: February 6, 2008
    Publication date: September 4, 2008
    Inventor: Peter A. Schnall
  • Patent number: 7340434
    Abstract: A method and apparatus are provided for notifying a guarantor associated with a guaranteed loan of events likely to affect their interest in the guaranteed loan. The disclosed method and apparatus provides loan data with information on at least one guaranteed loan wherein the loan data includes information on the terms of the loan. The method and apparatus then monitors changes in the loan data and determines when changes in the loan data corresponding to the at least one guaranteed loan indicates a likelihood that the terms of the loan may not be met. Based on the determination the method and apparatus provides a notification to the guarantor based on the determination that the loan terms may not be met.
    Type: Grant
    Filed: February 16, 2001
    Date of Patent: March 4, 2008
    Assignee: Capitol One Financial Corporation
    Inventor: Peter A. Schnall
  • Publication number: 20020116323
    Abstract: A method and apparatus are provided of providing loan information to at least two parties. The disclosed method and apparatus provides loan data on a loan made to a primary party wherein the loan has a secondary party, such as a co-signer or guarantor. The method and apparatus generates a primary report including loan information on the loan and transmits the information in the primary report to the primary party. Next, the method and apparatus are used to generate a secondary report, including information related to the primary report, and to transmit the secondary report to the secondary party. The secondary report optionally may include financial information on the primary party receiving the loan and responsible for making payment on the loan amount.
    Type: Application
    Filed: February 16, 2001
    Publication date: August 22, 2002
    Inventor: Peter A. Schnall
  • Publication number: 20020116322
    Abstract: A method and apparatus are provided for notifying a guarantor associated with a guaranteed loan of events likely to affect their interest in the guaranteed loan. The disclosed method and apparatus provides loan data with information on at least one guaranteed loan wherein the loan data includes information on the terms of the loan. The method and apparatus then monitors changes in the loan data and determines when changes in the loan data corresponding to the at least one guaranteed loan indicates a likelihood that the terms of the loan may not be met. Based on the determination the method and apparatus provides a notification to the guarantor based on the determination that the loan terms may not be met.
    Type: Application
    Filed: February 16, 2001
    Publication date: August 22, 2002
    Inventor: Peter A. Schnall