lost assets: How I find my clients and hopefully get them to say "Yes" - 08/05/12 08:01 AM
I am in the unique business of finding people and institutions money that they did not know that they had and could be lost to the state holding these funds through a process called escheatment (more on this later).  We only locate money that is $10,000 or greater.
Get The List:
The first thing that we do is get specialized lists from the county governments holding money that rightfully belongs somewhere other than their coffers.
Scrub The List:
This is our way of going through the information and determining who is next in line to receive the money.  Just because John … (2 comments)

lost assets: FAQ's: What happens if I don't do anything? - 05/25/12 06:09 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.
A question asked of me often is “What happens if I don’t do anything?”
Our standard answer: “If you choose to take no action, the asset will remain unclaimed.  In some states, if an asset is unclaimed for an extended period of time, it is often transferred to the state in which the asset resides negating any chances of recovery.  This process is called Escheating.”
Remember, inaction … (4 comments)

lost assets: FAQ's: How do I begin the recovery of my funds? - 05/23/12 04:37 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.
A question asked of me often is “How do I begin the recovery of my funds?”
Our standard answer: “An Agreement is authorized between you and U.S. Financial Funding to begin the recovery process.  After an Agreement, there are a few extra papers needed to continue and finish the process.  Occasionally, the entity holding your funds may require additional documentation.
All of the entities currently holding your funds … (0 comments)

lost assets: FAQ's: If the state has my money...? - 05/22/12 10:38 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.
A question asked of me often is “If the state is holding onto money that is supposed to belong to me, what happens to it?”
Our standard answer is: “The state invests these funds and makes interest off of the money they are holding. Usually, but not always, the interest made is used to help support the educational system of that state.”
Additionally, states are passing laws specific … (0 comments)

lost assets: FAQ's: What protection is in place so I get paid? - 05/21/12 10:15 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.
A question asked of me often is “What protections are in place to ensure that I will receive the money that I am entitled to?”
Our standard answer: “All transactions are done through a reputable attorney who is in good standing with the Bar Association of the state the funds are located in. In each case, all major correspondence will go through that attorney and all monies are … (0 comments)

lost assets: FAQ's: How do you know that I am entitled to the money? - 05/18/12 04:28 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.
A question asked of me often is “How so you know that I am entitled to the money?”
          
Our standard answer: “U.S. Financial Funding's initial research leads us to believe that the funds discussed with you are still available.  We ae willing to assume any and all risks associated with the collection of these funds."
Our company spends much time to acquire specialized lists that … (0 comments)

lost assets: FAQ's: If I were really owed money...? - 05/17/12 08:47 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.
A question asked of me often is “If I were really owed money wouldn't I have been contacted about it and the money given to me?”
          
Our standard answer: “Depending upon the general statutes of the state where the money is located, you may already have been notified and possibly overlooked the notice.  In many states, they are not required to notify you at all."
… (1 comments)

lost assets: FAQ's: Why did you locate me? - 05/16/12 04:40 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.
A question asked of me often is “How and why did you locate me?”
          
Our standard answer: “U.S. Financial Funding research professionals make use of numerous public records. These records include, but are not limited to: change of address filings, voter registrations, telephone directories, city and town indexes, drivers' records, military registers, marriage and divorce filings, birth and death certificates, property ownership documents, … (0 comments)

lost assets: FAQ's: What is a Structured Settlement? (in regards to our company) - 05/15/12 05:18 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.

A question asked of me often is “What is a structured settlement?”
Our standard answer: “A Structured Settlement in transactions like ours is a term that usually refers to any deferred payment obligation resulting from the settlement of a claim. Typically, the Claimant will have to wait, depending on the state where the claim is located, this can be anywhere from up to 12-24 months prior to … (0 comments)

lost assets: FAQ's: Is U.S. Financial Funding a collection agency? - 05/14/12 05:23 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.
One of the questions asked of me often is “Is U.S. Financial Funding a collection agency?”
Our standard answer: “No, we are not a collection agency. A collection agency specializes in the collection of delinquent debt, whereas U.S. Financial Funding operates in direct contrast, specializing in locating and assisting individuals in receiving funds that are rightfully theirs.”
How can we be perceived as a collection agency when, in … (0 comments)

lost assets: FAQ's: Where does this money come from? - 05/14/12 05:06 AM
In my business, there are many questions.  I am in the business of Asset Recovery.  Specifically dealing with money that cannot often be found through a normal (or any search) on the Internet.
One of the questions asked of me often is “Where does this money come from?”
This money could come from any of the sources listed below, but not limited to them.  Forgotten checking accounts, forgotten savings accounts, traveler's checks, safety deposit boxes, stocks, bonds, trust distributions, refunds, uncashed checks, gift certificates, life insurance policies, annuities, certificates of deposits, gift cards, utility security deposits, uncashed money orders, mineral royalty … (0 comments)

lost assets: Unclaimed Money: Oklahoma auditor steals cash! - 09/25/11 05:23 PM
 
In Oklahoma, the former internal auditor of the Treasurer's Office has been indicted with three others for allegedly scheming to steal thousands of dollars from the state's unclaimed property fund.
They say allegedly until they prove it in a court of law.  
LaTisha Raye Reid has been accused of multiple counts of forgery for (allegedly) stealing unclaimed funds that belong to others and is in violation of the computer crimes act and conspiracy to defraud the state.
Three other defendants face similar charges.
Reid was suspended from her job in June when the allegations surfaced and then was terminated by Ken Miller, … (0 comments)

lost assets: Unclaimed Money: North Dakota has $3 million for you - 09/23/11 09:41 PM
 
If you've ever lived in or had business in North Dakota, then you may have a shot at the more than $3 million dollars of outstanding and uncashed checks that the government agencies and the state treasurer want to get rid of.
There are over 52 state agencies which have more than 10,600 outstanding checks between 90 days and 3 years old that total nearly $3.1 million dollars.
Outstanding checks mean that the check has not been received by the proper recipient, the recipient did not cash the check, or state money has not been properly returned to the appropriate … (4 comments)

lost assets: Unclaimed Money: You may have money and don't know it - 09/19/11 07:43 AM
 
There's a good chance that you have money out there for you.  It's said that 7 out of 10 people are owed money in on e shape or another.
This money could come from, but not limited to any of the sources of unclaimed property listed below:
Checking accounts, Savings accounts, Traveler's checks, Safety deposit boxes, Stocks, Trust distributions, Uncashed money orders, Mineral royalty payments, Outstanding payroll checks, Bonds, Refunds, Uncashed checks, Gift certificates, Life insurance policies, Annuities, Certificates of deposits, Gift Cards and Utility security deposits.
It's estimated by the National Association of Unclaimed Property Administrators (NAUPA) that there is … (0 comments)

lost assets: Unclaimed Money: Ohio - 09/19/11 07:43 AM
 
If you currently live in or ever have lived in Eerie County, Ohio then the Ohio Department of Commerce Director David Goodman urges residents to join in the 2011 Unclaimed Funds Treasure Hunt by checking the Sandusky Register on Tuesday.
By looking through the newspaper advertisement, readers can find out if they are entitled to unclaimed funds turned over to the Ohio Division of Unclaimed Funds in the past year. 
 
This is money that is called unclaimed funds and is money or the rights to money that have been dormant or forgotten. This money could come from, but not limited to any … (0 comments)

lost assets: Unclaimed Money: California Lottery Winnings going Bye-Bye - 09/16/11 09:56 AM
Anaheim, California in Orange County is waiting to hear from two different people who have recently won close to $300,000 each.
Why are they waiting?  Because the tickets are set to expire on September 19.  When the next day arrives, the mystery winners will be unable to collect their winnings and the state will keep the funds to use for California schools.
According to the California State Lottery, lottery winners have 180 days to claim their prizes and collect their winnings.  If they fail to collect, then the unclaimed funds are transferred to California schools.
… (2 comments)

lost assets: Unclaimed Money: Illinois Cash Dash gives back $19 Million - 09/15/11 08:44 AM
The Illinois Cash Dash program is going strong!
State Treasurer, Dan Rutherford is going around the state to promote the 50-year-old program so that those people who hear about it will check to see if they can claim their part of the $1.4 Billion dollars that it is currently holding.
The program is seeing quite a bit of success – they have given back over $19 million dollars to the rightful heirs since July 2010 to today.  That’s a 58% increase over last year.
The program is funding by the interest the state collects on the money it holds since they … (0 comments)

lost assets: Unclaimed Money: Massachusetts - 09/15/11 08:44 AM
If you live in the state of Massachusetts, you might be able to claim part of the more than $61 million the state has identified as unclaimed property in the last six months.
 Steven Grossman, the Treasurer of Massachusetts who oversees the Unclaimed Property Division says “Every year, thousands of people are surprised to find out that they have a claim to funds that have been misplaced or simply forgotten, It’s not the state’s money - it belongs to the citizens of the commonwealth.  We want to take every step possible to get unclaimed property back into the hands of its … (0 comments)

lost assets: Unclaimed Money: Michigan - 09/12/11 08:35 AM
The state of Michigan has money that may belong to you.  A simple check of their state's website and a few of the national sites available, may reveal that there is money waiting there for you.
Aretha Franklin (yes, the singer) has 67 links for money that is owed to her.  She know about the funds, but just hasn't gotten around to it yet.
Do you have money out there for you that you haven't claimed yet?
 

Do You Have Unclaimed Money or Property?: MyFoxDETROIT.com
Michigan Department of TreasuryUnclaimed Property DivisionP.O. Box 30756Lansing, MI  48909Phone: (517) 636-5320Fax: (517) 322-5986E-mail: TreasUPD@michigan.gov
… (1 comments)

lost assets: Unclaimed Money: Kansas - 09/12/11 08:18 AM
Kansas has been spreading the word about its $221 million dollars sitting in its treasury by using media.  They (the state) feels that many people still do not believe that money could exist for them.  
The state of Kansas currently has over 1,200,000 records in which state agencies must manage because they all have varying amounts of money that is owed to people that still live or Kansas or once have.  This is  a growing concern for the Kansas state treasury, as the dollar amounts keep growing.
Kansas desperately wants to familiarize people with the concept of unclaimed money and … (0 comments)