Unclaimed property recovery

The government is holding abandoned cash that belongs to your company

We search local, state and federal records for money that never reached you. Government checks that were never cashed. Unpaid incentives and rebates. Inactive deposits. You pay only out of what we recover.

Recovered and Paid
Client sample
CBRE and Trammell Crow
$292,474
STAG Capital
$207,159
Verizon
$206,131
Valero Energy
$139,055
Diageo
$108,375
Prologis
$103,723
Every figure is money a government agency held and paid out after we filed the claim. Amounts already being recovered by a client are excluded from our fee.

> 1000

Clients

~ $100 Million

Recovered

> $1 Billion

Located

The Asset

What is abandoned cash held by a government agency?

Abandoned cash is money a government agency already agrees it owes you and has never paid out. Most of it never reaches a state unclaimed property office, because many federal, state and local agencies are exempt from reporting what they hold. It sits in agency records until somebody files a proper claim.
Checks never cashed

An agency issued a check to your company and it was never deposited. Lost in the mail, returned for insufficient postage, or sent to an address you had already left.

Unpaid incentives and rebates

Rebates and incentive payments your company earned and never collected. These go missing most often after a merger or a change of finance staff.

Inactive deposits

Deposits, bonds and escrow balances left sitting with an agency long after the work they secured was finished and signed off.

Outstanding refunds

Overpayments and refunds owed back to your company. No agency is obliged to chase you about them, and most never will.

The Process

How abandoned cash recovery works

Three steps. Your finance team stays on its own work throughout, and no confidential company information is required at any point.
Step One
We search

We run our own database of abandoned cash held by local, state and federal agencies against your entity names and their history, including names you picked up through mergers.

Step Two
We File
We prepare and file the claim with the agency holding the funds, ahead of its filing deadline. Every agency has different requirements, and we file to each one.
Step Three
You get paid
The agency pays you directly. Once you confirm receipt, we invoice our contingent fee as a percentage of what you received. If we recover nothing, you owe nothing.
The Deadline

Miss the filing deadline and the money becomes the government's

If the agency holding your abandoned cash does not receive a proper claim by its filing deadline, the right to claim it is gone permanently and the money becomes government property. In one jurisdiction, local law treats dormant assets as a gift to the local government when no claim is filed within six months. The interest the agency earned while holding your money is usually not refundable to you either.

The Comparison

Searching on your own versus engaging Expert Money Finders

What It Takes
On Your Own
With Expert Money Finders
Where the money sits
Spread across local, state and federal agency records that are never published as abandoned cash
Tracked in our own database, built and maintained since 2008
Filing requirements
Every agency has its own forms, evidence rules and deadline to work out from scratch
We know each agency's requirements and file to them
Your team's time
Finance staff pulled off their work to research entity history, document claims and chase agencies
Nominal. We do all the work needed for the funds to be paid
Confidential information
You pull your own entity and merger records together
None required from you at any stage
Cost to start
Internal salary time, with no guarantee of a recovery
No upfront cost and no out of pocket expenditure
If nothing is found
The time is spent either way
No recovery, no fee
Fortune 500 Client

A Fortune 500 finance team had already looked. We found over two million dollars.

The client was satisfied with what its in-house team was recovering. When we told them we had identified a significant amount of abandoned cash that had never been reported to any state unclaimed property office, they were skeptical that an outside firm could find anything more. Years of mergers and acquisitions had left money attached to entity names nobody inside the company was still tracking.

The Solution

Our team filed proper claims with each holding agency ahead of its deadline and recovered the funds.

The Result

The client was paid and avoided losing over two million dollars that would otherwise have become government property.

The Clients

Companies whose money we have recovered

Our client list includes three of the top five US telecom providers, four of the top ten US healthcare companies, five of the top ten US REITs, and four of the top ten US oil and gas companies.

Chesapeake, Virginia

Nationwide recoveries since 2008

Our Better Business Bureau file carries an A+ rating with zero complaints.

Corporate Office

129 Hanbury Road West, Suite 203
Chesapeake, VA 23322

Phone
Email
The Questions

Questions finance teams ask us first

Yes. We contact a company only after we have identified money a government agency says it owes it and confirmed the funds are currently claimable. Often it is a check the agency issued that was never cashed, or a payment sent to an address the company had already left.

Because a proper claim is required before an agency will release funds. No claim, no payment. Miss the filing deadline and the money becomes government property permanently. The interest the agency earned while holding it is usually not refundable to you either.

Very little. We do the research, prepare the documents and deal with each agency, so nobody on your finance team is pulled off their own work to supervise the process. The commitment is nominal and the recovery can be substantial.

Because this money is not listed where companies look for it. It is not held at a state unclaimed property office, and each agency sets its own claim requirements. Finding it in agency records without a database built for the purpose is the proverbial needle in a haystack.

A contingent fee, calculated as a percentage of what you actually recover. There is no upfront cost, no out of pocket expenditure and no hidden fee. If we recover nothing, you owe nothing. We are paid only from the proceeds of a successful recovery.

We share general information before you engage us, and exact details including the holder, the amount and the asset type once you do. That protects our research while keeping you fully informed. Anything you are already recovering is excluded from our fee.