Where Do Unclaimed Funds Come From?
Funds Held by Government Agencies
State law requires that banks, insurance companies, corporations, and certain other entities to report and submit their customers' property to the state when there is no activity for a period of time. Common types of unclaimed property are bank accounts, stocks, bonds, uncashed checks, insurance benefits, wages and safe deposit box contents.
Foreclosures
When property is sold in foreclosure due to a tax lien or non-payment of mortgage, the home owner may be entitled to the difference between the amount owed and the sale price of the property provided there are no other liens against the property.
The Process
By handling the entire claims process from start to finish, the client does not have to worry about a thing. Services are provided on a contingency basis without any upfront fees. Payment is collected when funds are recovered. All associated costs, including attorney fees, are covered by the company's share of the recovered amount. The largest portion of any funds reclaimed is allocated to the client. If, for any reason, the claim is not successful, no payment is required from the client. It is a completely risk free process.
STEP 1. Research
The first step is researching the claim and finding the legal claimant. A long burdensome process and transformed it into a painless engagement to get clients the money that is owed.
STEP 2. Paperwork
After sending documents to sign, the package is completed, and the claim is filed with the proper agency. All associated costs, including attorney fees, are covered by the company's share of the recovered amount.
STEP 3. Getting Unclaimed Funds
A weekly update via email regarding the claim will be provided. Once the agency approves the claim, the client is notified. In most cases, a check for the claim payment is sent directly from the agency to the client.
We Find, Recover and Return Money to the Rightful Owners
Unclaimed Funds Finders specializes in locating and recovering overage or surplus funds that are remaining after a property foreclosure sale.
We audit many agencies across the country to locate sums of money owed to individuals & companies. If these funds go unclaimed for too long, they may be lost to the agency holding them. Our mission is to ensure that this never, ever happens. Give us a call and we will help you get your money back!
Testimonials
“We prioritize the needs and satisfaction of our clients above all else.”
- Unclaimed Funds CEO