What the FAQ'S

Why Do I have Unclaimed Funds That I don’t Know About?

Some common reasons for funds becoming unclaimed can be a change of address, the owner is deceased, or the assets or account has been left inactive for a certain period of time.

Where Are Many Unclaimed Funds Found?

There are many types of unclaimed assets from different sources including but not limited to bank accounts, safe deposit box contents, mutual funds, stocks, bonds, dividends, uncashed checks, wages, insurance proceeds and inheritance money, tax refunds, etc.

To find if there are any unclaimed assets in your name or in the name of someone you may know. You may want to check out www.missingmoney.com

If you have received a notice from us, we have found funds which don’t make their way on these lists. Our Asset Rescue Partners have already invested a considerable amount of time and resources to locate your assets for you.

Can I Collect These Funds on My Own?

Yes. In most cases collecting these funds require a motion or application to be filed with the court or government agency and hiring an attorney on your own could be costly. Attorneys typically charge an hourly rate which needs to be paid whether they are successful in recovering the funds.

Some claims can require extensive work together with the attorney in order to connect the links of the funds to the claimant as well as having the court move the agency holding the funds to release it on that basis.

At Asset Rescue Partners after a free Consultation. Our clients sign our agreement and authorize us to make the claim. We handle everything from preparing all documents and filings required to document the rights to the funds, pay all advanced attorney’s fees and related expenses. Most importantly, we know how to handle the claim efficiently and effectively.

Why Wasn’t I Notified About the Funds?

In many instances, agencies holding the funds will only mail a letter to an address they have on file. Usually, the agency will not make extensive attempts to find and notify the rightful owner about the money due. The agency knows that when a certain time goes by and the rightful owner has not claimed the funds. At that point, the agency gets to keep the funds.

Are You a Collection Agency?

No. We are not a collection agency. A call from us means that we have found money that you are entitled to claim. In other words, someone owes you money or assets. We specialize in locating unclaimed and lost assets, contacting the individuals and businesses with the right to claim those assets, and assisting them in completing the claims process. A call or letter from us is great news!

How Long Will the Process Take?

The process time can vary depending on the type and complexity of your claim or the entity holding the assets. The claims process can take between six months to eighteen months to complete once the claim is filed, but there are cases that take several years to complete. After receiving all the necessary paperwork, your claims professional will be able to provide a more accurate timeline based on your claim.

We will do everything possible to expedite your claim, but in many cases, there are no laws mandating when asset holders must release the assets, so the asset holder dictates the length of your wait time. Remember, we operate on a contingency-fee basis and require no payment until your assets are returned, so it is in our best interest to move as quickly as possible.