Office: (866) 575-7774
Frequently Asked Questions
How do I know this is legitimate?
We understand that there is skepticism when we initially contact potential clients. Rest assured, Unclaimed Recoveries is registered and in good standing with both the Virginia State Corporation Commission and the Better Business Bureau. Furthermore, you can take our documents to any attorney to verify our services.
Why are these funds due?
Every account is different and we never know the exact reason as to why these funds are due back. Some examples of what it could be are overpayment of property taxes, a vendor check, utility deposit, unclaimed performance bond, unclaimed developer escrow, court settlement, and many other possibilities.
How does Unclaimed Recoveries know that there are funds due?
Unclaimed Recoveries audits the financial records of all local government agencies throughout the United States in order to identify any funds that are being held as unclaimed. Our firm incurs the cost of compiling this information through its staff time, copying, and administrative costs.
Where is the money being held?
The money is being held by a local government agency. We do not disclose the exact location until we receive the executed documents.
Why was I unable to locate any funds when I checked my State Treasury Website?
We do not recover state unclaimed property. There are various websites that can search for federal and state level funds. The funds that our firm locates are not publicly displayed.
How did Unclaimed Recoveries get my information?
Our firm utilizes various private investigator programs in order to locate the owner of the unclaimed funds.
What information do you need from me?
Unclaimed Recoveries only requires the executed agreement and authorization forms in order to move forward with the recovery process. Our firm never asks for any personal information and the funds are sent directly to the address that you provide on our authorization form. We never have any holding of the funds.
Unclaimed Recoveries works on a contingency fee basis. There is absolutely no fee unless and until funds are received by the client.
Why hasn't the government agency notified me of these funds?
What happens if no recovery is made?
These agencies are only required to make one attempt to refund this money. After the initial attempt for contact is made, any funds that are returned as undeliverable become "unclaimed" and are placed in an escrow account with the government agency. The agency then collects the interest off of these funds until they are claimed by the owner or ultimately disbursed into their general spending account.
What happens if I do not claim these funds?
If these funds are not claimed within a certain time period the holding government agency may cite a statutory code that allows them to disburse the funds into their general spending account.