We work directly with the county!
Bearing All Legal Fees:We understand that legal fees can be a major concern when pursuing unclaimed funds. To alleviate this worry, we take care of all legal fees associated with the claim. Our team of licensed attorneys, spread across every state, possesses the expertise needed to handle the legal aspects of the process. This allows our clients to have peace of mind, knowing that their claim is being handled by professionals who will navigate any legal complexities on their behalf.
Direct Lists from the County: To streamline the process, we have established direct connections with county treasury departments. We receive updated lists of individuals who are entitled to unclaimed funds directly from the counties. This enables us to identify potential claimants efficiently and promptly, ensuring that no eligible funds go unnoticed.
We are licensed and work directly with the county to assist individuals in filing claims. We perform an audit on the county records and they provide us with information and updates on statuses of claims.
Dedicated Researchers and Private Investigators: At Capital Recovery Services, we have a dedicated team of researchers and private investigators who play a crucial role in our success. They employ their expertise to locate individuals who may be entitled to unclaimed funds. Once identified, we reach out to these individuals and explain our process, providing them with the necessary information to initiate their claim.
No Upfront Fees: At Capital Recovery Services, we believe in providing our services without placing any financial burden on our clients. That's why we charge no upfront fees. We operate on a contingency basis, meaning we only receive payment if we are successful in recovering the funds on your behalf. This approach ensures that our interests are aligned with yours, and you can trust that we will work diligently to maximize your claim.
Understanding what happens after foreclosure
In the event of a Tax Deed or Mortgage foreclosure, The county holds a foreclosure auction on your property due to unpaid taxes or Mortgage. The opening bid at this auction is for the amount of taxes or mortgage that is owed.
What most people do not know is that these properties sell for an amount that is higher than the opening bid and any profit remaining is due to the previous owner.
The county sends out surplus notifications letters, but most of the time it's to the last address on record so you are never informed.
Our job is to step in and assist you in filing this claim, we work directly with the county and can assist you in recovering these funds.
The beauty of working with us is that we charge NO upfront fees and only get paid a finders fee upon a successful claim, So you bear no risk at all.
Unclaimed State Funds
Unclaimed state funds are forgotten money from individuals. This might sound strange but it's true, many people have unclaimed funds that are due to them. When Bank accounts, safety deposit boxes, uncashed checks, money orders, insurance policies, stocks, bonds, mutual funds, trust funds, royalties, and escrow accounts go unclaimed, they end up in the state's treasury. These institutions are required to do an annual report to the state's treasury and after a few years of failed contact they turn these funds over to the state.
We work directly with the state and are licensed finders that will assist you in filing the claim to recover these funds.
We charge NO upfront fees and handle all of the filings for you.
How it works
At Capital Recovery Services, we handle the entire filing process, including research, documentation, legal fees, and follow-up, allowing our clients to sit back and relax while we navigate the complexities on their behalf. Trust us to help you reclaim your surplus funds efficiently and professionally. Contact us today to start the process of reclaiming what is rightfully yours.
Identification of Surplus Funds: When a property is sold at auction by the county, any surplus funds or excess proceeds remaining after satisfying the outstanding debts (such as taxes or mortgage payments) are legally due to the previous owner or their heirs. We receive a comprehensive list directly from the county, which helps us identify individuals entitled to these funds.
Research and Agreement: Once we have identified potential claimants, our dedicated team of researchers and private investigators conducts extensive research to locate the individuals or their heirs. Once located, we reach out and provide them with an agreement form to initiate the process of reclaiming the surplus funds.
Title Search and Liens Check: To ensure a smooth and successful claim, we perform a thorough title search on the property associated with the surplus funds. This search helps us identify any outstanding liens or creditors that need to be addressed during the claim process.
Verification of Available Funds: Before proceeding with the claim, we confirm the availability of the surplus funds. This step ensures that the funds are accessible for the rightful owner or heirs to claim.
Preparation of Legal Documents: Our experienced team takes care of preparing all necessary legal documents required for the claim. We handle the entire documentation process and bear all legal filing fees, relieving our clients of any financial burdens associated with the claim.
Notarization and Claim Submission: Once the legal documents are prepared, we proceed with getting the county documents notarized to validate the claim. We then submit the claim to the appropriate county or state treasury department on behalf of our clients.
Ongoing Follow-Up: After the claim is submitted, we take the responsibility of following up with the county or state treasury department to ensure that the process is progressing smoothly. We keep our clients informed and updated throughout this stage until a successful payout occurs.
Successful Payout: Our dedicated efforts and expertise maximize the chances of a successful payout. Once the surplus funds are disbursed to the rightful owner or heirs, we receive our contingency fee as agreed upon previously.