Frequently Asked Questions
Our FAQ section is the go-to destination for finding answers to specific questions about the Lost Money Detectives.
If you can not find the answer here, please contact us and we will be sure to help answer your questions.
See our FAQ below to answer some of your questions
If the answer you seek is not here please don’t hesitate to contact us either by phone or the contact form and we will be more than happy to help you with your questions
Why Have I Been Contacted By The Lost Money Detectives?
We have contacted you as we believe that you have unclaimed monies owing to you or your organization, and we need to confirm that you are the rightful owner of these funds.
If I Don’t Choose To Claim These Unclaimed Monies What Happens Then?
That’s a simple answer; the funds will stay (in many cases) in a non – interest-bearing account and in essence will remain unclaimed. Worst of all though, depending on what authority holds the funds, each is different, after a certain period the unclaimed fund could be absorbed into the endless pit of ‘consolidated Government Revenue’.
Your Lost Money Found!
Every day, people and businesses leave cash in financial institutions, insurance companies, and with government authorities – only to forget the money. As crazy as it sounds, it happens constantly. Usually, the unclaimed funds are lost due to forgetfulness, neglect, or other reasons such as life changes, new career endeavours.
So What Happens To Unclaimed Money?
When a person or company “forgets” about money in various accounts, the lost money is transferred to (in many cases) a non-interest-bearing Government Trust Account. Of course, this is only done when the Financial Institution cannot locate the owner. When the lost monies are not claimed within a specific period of time, the transfer occurs, and the funds become Government Revenue. Sometimes, even the rightful owners of the unclaimed funds are not aware that only a specific period of time exists to grab their unclaimed funds. Imagine that !!
The Problem – To locate all the money that you could be entitled to be not as easy as you think. It can be a minefield.
Why? USA does not have a central governing body that looks after unclaimed money.
On a National basis, the each State can have a variety of institutions responsible for unclaimed monies; and
-On a State by State basis, each State has separate unclaimed money laws (Acts) and various institutions responsible for lost monies unique to that State (with their own set of individual claiming rules and procedures).
How Do People Lose Track Of Their Money?
– Move often (hard to track)
– Move overseas
– They just forget
Types Of Lost Money
– Bank accounts
– Shares
– Life insurance
Where Are These Unclaimed Monies Found In The First Place Anyway?
Privacy restrictions prevent us from disclosing the full details of the funds until we can confirm that you are the rightful owner. However, some areas we commonly deal with are unpresented cheques, dormant bank accounts, company takeovers, rental, and local council bonds, the list is endless.
How We Find Unclaimed Money And Return It To You Fast!
The Solution – Here at the ‘Lost Money Detectives ®’ our recovery experts specialise in finding unclaimed funds for American Businesses and Citizens who have lost track of their accounts, relocated, or passed away. We search, much like detectives, to locate the unclaimed money, verify the identity of the rightful owner(s) and then prove start-to-finish assistance in reclaiming the lost money. We help with all documentation, preparation and with submitting the claim proposal.
You can have the peace of mind that our business details have been lodged and noted with all the relevant unclaimed money government-holding authorities. Our Staff has over 30 years of experience in complex claims management. That means we get it right the first time, and you get your money FAST.
Everyone is so cautious these days & rightfully so. That is why in all our documentation that we clearly state that:
– there are NO up-front fees and with our 100% NO WIN – NO FEE Guarantee means we are paid only when we successfully recover your lost money our fee structure is clearly outlined in our easy-to-read Terms and Conditions (so that there are NO ‘nasty surprises’)
– at NO time during the process do we ever ask for your Bank Account details.
as a safety measure, upon the release of your funds, in most cases, you are also sent a notice by the Government releasing authority. This notice will give details of the total funds being released to us as your Agent. This is another measure to help keep the whole recovery process transparent.
– In most cases you will be paid directly by the Government body, we then invoice you for our agreed fees.
Why Have I Been Contacted?
Where Are Monies Located?
Is This Legal?
How Did You Get My Name?
At the Lost Money Detectives, it is our responsibility to locate the rightful owners and reunite them with their lost funds. We make the initial due diligence to ensure that we are dealing with the rightful owners and then prepare a water-tight claim to recover their monies. We liaise with the various holding authorities to ensure the full release of all monies outstanding. Once the funds are released, we forward the recovered monies within weeks of receiving all the correct claim documentation.
So, what have you got to lose? …… Just your hard-earned money!
