UNCLAIMED PROPERTY

What is it?

The unclaimed property asset we are contacting you about could be one of any number of types. Each of our associates from whom we receive assignments, works on different types of abandoned or unclaimed property assets and/or estates.

How does property become 'lost or unclaimed'

PEOPLE LOSE ASSETS,
ASSETS DO NOT LOSE PEOPLE!

There are any number of reasons why property assets become abandoned, these include but are not limited to;

• People moving often to another country and not informing companies of their new addresses
• Letter forwarding services these days typically only last 3-6 months
• People dying and not informing their family of the assets they own
• People dying intestate (without a will)
• Companies merging or being taken over and changing names
• Corporations going into bankruptcy or liquidation
• People thinking an asset is worthless and discarding their certificates/records
• People having to flee their homes due to political unrest
• Natural disasters destroying homes and records
• People simply forgetting about an asset, etc
• Unfamiliarity with corporate requirements to maintain an active account
• Not being able to understand letters in a non-native language
• Difficult and complicated recovery processes
• People not being prepared for their deaths and dying without a will
• People dying without organized records and files
• Many stocks and shares are held electronically and as issued in certificates

Luckily there are companies such as us whose work is to safeguard and reactivate these long dormant, lost and unclaimed property assets and to recover them so they can be returned to their rightful legal owners, heirs and/or beneficiaries.