Utility Refund Solutions has been recovering unclaimed money since 1998. In that time we have recovered assets for people all over the country that otherwise would not have known about it. There are many government agencies holding money on the Federal, State, and local level including thousands of counties throught the country.
Billions of dollars go unclaimed at the Federal level including the IRS, the Pension Benefits Guaranty Corporation, and the Department of Housing and Urban Development, to name a few.
State unclaimed money includes funds that have been turned over to their respective states Treasury Departments’ after they have been considered abandoned by their respective owners.
A state receives unclaimed assets only after the company holding them can consider them “abandoned”. Money is usually considered abandoned three to five years after the company has lost contact with the owner, and three months after the company makes a final effort to reach the owner at their last known address. If the company does not have a last known address for the owner, than the assets go to the state in which it was incorporated.
Additionaly, besides State and Federal unclaimed money, there are millions of accounts being held by thousands of counties located throughout the country. These counties either hold money themselves in perpetuity, or they turn them over to the state they reside in after a certain period of time. There are some counties that keep the money themselves if the rightful owner does not come forward after determined time limit.
Finally, there are some accounts, such as utility and telecom deposits, that are still being held by their respective utility that have not been turned over to the State yet.
Now you can see why there are millions of accounts holding billions of dollars! Having to look for them all can be a daunting task. That is why it is good to have experts such as Utility Refund Solutions searching for you.
Our client services include first locating and then contacting the rightful owner (claimant) of assets being held; assisting the claimant in the filing of the proper government forms; making arrangements with the government agencies to have a check made out in the claimant’s name delivered directly to the claimant; and ongoing representation with the various government agencies as needed on the claimant’s behalf. Any funds we recover will be in the form of a government check made payable to the claimant and NOT to Utility Refund Solutions .
The best part about our service is we only get paid a small percentage if we get back money back for you. No results…no fee!