Patent ID: 8380613

Claim:
A debt-clearing system, comprising: a user interface, linking users to said system via a network, said users inputting data into said system; a database; and an administrating server, connected to said user interface and said database, further comprising: a membership application module, temporarily storing data input by said users, and examining said data to verify whether said users qualify for membership; a member classification module, retrieving members' data, and classifying members according to attributes of said members; a credit enhancement module, calculating whether a member needs to enhance credit, and evaluating collateral or a guarantor; a bridge loan processing module, assigning a bridge loan to a member to clear existing debts of said member; a member and pool matching module, analyzing conditions of a member, and matching said member with a fund-raising pool; a fund-raising module, processing fund-bidding information; a settlement and delivery module, settling and delivering funds, and clearing said bridge loan; and wherein said database stores data of said platform, and said administrating server retrieves data from said database and stores data into said database; said administrating server receives said member or an assignee of said member to participate in a bidding of the fund-raising pool; if said member is a non bid-winner of the fund-raising pool, said administrating server transmits a deposit message to collect deposits from said member and from other non bid-winners; and if said member is a bid-winner of the fund-raising pool, said administrating server transmits a pay-off message to clear said bridge loan of said member with at least a portion of the bid-winning fund, and to instruct said member to amortize the bid-winning fund in the latter terms; and wherein said fund-raising module deals with bidding procedures of fund-raising pools that members and assignees attend, results of bid-price competition determining debtor-creditor relationships.