Patent ID: 7559217

Claim:
A method, implemented using a computer, for offering debt recovery products to customers having delinquent accounts, the method comprising: retrieving, using the computer, delinquent account information corresponding to a delinquent account for a customer, the delinquent account having a balance; determining, using the computer, a set of debt recovery offers for the customer based on the delinquent account information, the set of debt recovery offers including a debt recovery credit card product; ranking, using the computer, the debt recovery offers of the set of debt recovery offers when there is more than one debt recovery offer in the set; receiving, using the computer, customer selection information from the customer, the customer selection information customizing a debt recovery product corresponding to one of the set of debt recovery offers; and creating, using the computer, a debt recovery account for the customized debt recovery product, wherein when the debt recovery product is the debt recovery credit card product, the debt recovery account is a credit card account with an initial balance based on the delinquent account balance.