Debt reduction method and device thereof

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7702573
APP PUB NO 20060229955A1
SERIAL NO

10568901

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Abstract

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In a method which is performed using a communication network and uses a derivative to reduce a money debt such as a housing loan debt, a loan debt, a nation/public/corporate bond debt, a lease debt, or a payment obligation including insurance benefits, a derivative corresponding to a period of the debt and a condition is set up by a bond, a stock, a currency, an exchange, an interest rate, a spot such as a commodity and/or an index, and a price singly or by combining them, and in case of necessity, the derivative is divided into small lots to conform to an amount of the debt and the condition, this is purchased by a debtor of the debt at a relatively small premium, and when the derivative produces a profit, this is sold to realize the profit, alternately, reference is made to a present value of the debt and when a profit is produced in the money debt, a swap is made to realize the profit, and the debt is reduced by the profit.

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Patent Owner(s)

Patent OwnerAddress
ONO MINORUA102 SUN VILLAGE 4-23-3 NINOMIYA FUKUI-CITY FUKUI 910-0015

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Matsuda, Fumihiko Fukui, JP 42 358
Ono, Minoru Fukui, JP 31 135
Sumida, Kenji Tochigi, JP 10 77

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