Patent ID: 7552075

Claim:
A computerized method for the management and satisfaction of a customer's financial liability comprising: receiving a liability of said customer comprising default exposure, and a right to receive regular payments of principal and interest in satisfaction of said liability, wherein a liability vehicle based upon said liability may be selected by said customer from more than one lender of said liability vehicle, and sold to a third party agent; aggregating said liability of said customer and liabilities of other customers into a securitized pool, wherein each said liability comprises default exposure and a right to receive regular payments, and wherein said agent repackages each said right to receive said regular payments into said securitized pool, and may sell at least a portion of each said right to receive said regular payments to a securitized pool investor; receiving a default security created by said agent, wherein said default security is based upon said default exposure of said liabilities, wherein said default exposure of each said liability is associated with said customer contributing said liability to said pool, has a net present value, may be purchased by a default security investor, and said net present value of said default security increases as said regular payments of principal and interest associated with each liability are made; and maintaining an asset management account independent of said lender, wherein investments in said asset management account are directed by said customer, and said asset management account is managed by an asset management account manager; calculating cash flows generated by said default security, wherein portions of said cash flows are attributable to each said liability of each said customer and are available to purchase said investments at the direction and for the benefit of said customer; tracking said cash flows which fund said investments in said asset management account; calculating a return on investment generated from said management account; and allocating said return on investment to said customer, which may be used to satisfy said liability, and at least one of said lender, third party agent, and said asset management account manager in accordance with an allocation agreement between two or more of said customer, said lender, said third party agent, and said asset management account manager, wherein said receiving a liability step, said receiving a default security step, said maintaining an asset management account, said calculating cash flows step, said tracking said cash flows step, and said allocating said return on investment step are performed by a computerized system comprising at least a processor.