FREQUENTLY ASKED QUESTIONS

What is the meaning of having an unclaimed or lost asset with Equity Recovery Company?

An unclaimed or lost asset is an item that you or your family members are owed but are not aware of. Such assets come in different forms such as physical property, stocks and bonds, insurance policies, royalties, rentals, wages, tax refunds, and others. There are various reasons why you may be unaware of their existence, and in many cases, these assets are being held by different agencies and parties. Equity Recovery Company specializes in locating millions of dollars that are being held in individuals' names annually.

What is the process of locating lost or unclaimed assets with Equity Recovery Company?

Equity Recovery Company uses advanced software specifically designed to locate individuals and their assets. They also subscribe to numerous global and national databases to help in the search. Additionally, professional investigators go to great lengths to comb through public records such as voter registrations, DMV records, birth and death certificates, and others to locate individuals. The company has strict privacy policies, and information is only used for finding the lost claim.

How can assets get lost, and who holds them?

Assets can be lost or go unclaimed for various reasons. For instance, if they were passed down from your family, they may be too old, and nobody in your family knew about them. Additionally, errors in sending claims due to name and address changes or difficulties in locating beneficiaries can also result in lost assets. The law permits temporary asset holders to invest these assets, and the remaining unclaimed assets are absorbed by the entities. Different people and companies may be holding onto your assets, and Equity Recovery Company locates them in various places, from abandoned property offices to other off-the-map locations.

How can one start the process of reclaiming lost assets with Equity Recovery Company?

If Equity Recovery Company has already contacted you, the first step is to complete and return the contingency agreement. This agreement authorizes the company to act on your behalf while working on the claim. If you wish to start the process yourself, you can make an inquiry about a claim that you believe is lost. Once the required paperwork is complete, one of the claims specialists will contact you to keep you updated on the claim's status.

What is the time frame to claim the asset(s)?

The time it takes to resolve a lost claim varies, depending on the type and complexity of the claim or the entity holding the assets. The timeframe for claim resolution could be anywhere from six months to several years, and most jobs take between six to eighteen months on average to complete. Equity Recovery Company works on a contingency-fee basis and will not require payment until the lost/stolen assets are reclaimed. While the laws do not mandate asset holders to release the assets, the company aims to resolve the claims as soon as possible.

Is there a specific time limit for reclaiming lost/unclaimed funds with

Equity Recovery Company?

There is no specific time limit for reclaiming lost or unclaimed funds, and it varies depending on the state and the type of asset. However, some states require that unclaimed assets be turned over to the state after a certain period of inactivity. Equity Recovery Company's experts can help navigate these requirements and work to recover lost assets as quickly and efficiently as possible.