They say that they'll recover the property for a *cut* of the amount recovered.
I'm curious as to whether anyone has dealt with something like this?
In my effort to be *concise*, I often come off as blunt and harsh. Sorry, don't mean to be offensive.
How to make sure you do not pay a huge fee to learn about something that already belongs to you is both easier and harder than it seems. Simply put, you need to keep good records and not lose things. If you are an heir, you need to take time to search the lists of unclaimed money that states post on their Web sites. Anything found there is returned to owners or heirs free of charge.
3 boys: 11, 9, and 1.
[This message edited by Cally60 at 1:48 AM, February 5th (Wednesday)]
Our state has an unclaimed property database through the Department of Revenue website. We searched that for free for all of our family members and found and received money for my mom back in 2008. It had hit the database in 2005. This costs NOTHING.
We check periodically because companies hold their monies for different amounts of time, so things could really show up at any point.
They would only take a small % of any money that they actually recover.
I know that I could search through the databases of unclaimed property, but I just don't have the time to do it myself right now........and if these people are legit, it'd be worth it (to me) to let them do all the legwork for me.
but I just don't have the time to do it myself right now
It is not a big time thing. I just went to the website and put in my info....poof. It was like 2 minutes.
I would definitely be skeptical of an agency.
UPDATE: The more I look - the more conflicting the searches on for this place some say scam....some say seem legit but you can do it yourself for free.
[This message edited by EvenKeel at 11:59 AM, February 5th (Wednesday)]
gonnabe - we're talking a glass of wine and 10 mins. Actually kind of fun. I got a surprising number of hits on my grandmother, who didn't believe in keeping all her money in one bank (depression era thinking) which really benefitted my aunt, and with mine I bought a new camera.
[This message edited by Take2 at 11:59 AM, February 5th (Wednesday)]
It looks like they received mixed reviews online, so hopefully you can find out more about them, the good and bad, before moving forward.
IT'S A SIMPLE, THREE-STEP PROCESS:
Enter your name
in the online search field
If it's a match, fill out and submit
the online claim form
Receive your property or cash
and enjoy what you've discovered
Why give away money that could be yours when you could get all of it yourself? Just search your father's name and state. I'd do it for ya if I knew the info. I don't think it's as much of a scam as it is that these people are taking money from others that is easily obtainable with a simple search.
Going Under, I posted that same article!
So you did, little turtle!! Great minds...right? Okay, maybe in my case it was "not paying attention to other posts" mind!!
I tend to procrastinate doing things and don't have much patience these days, so if there are too many hoops to jump through then I typically leave the task for *tomorrow*. So spending time searching out each state's unclaimed property website and then filling in the information, and then printing a form, and then filling it out, and then having to find and make a copy of the death certificate, and then ad nauseum -- just makes me wanna grab my iPad and play CandyCrush instead.
So thank you for the website link to 'centralized' information. Very helpful
That article was also helpful. It gave me a little bit of insight into how they may have 'discovered' something and it may even be a situation that the person in the article dealt with.....as far as the company *finding* an asset that the owner's heir already knew about.
Thanks for taking the time to *inform* me
Upromise owes me $38.95!
That's some serious beer money!
"Truth has no special time of its own. Its hour is now - always." - Albert Schweitzer
Me: BW - Him: 200+ # tumor removed 7/09
One AMAZING DS - 34
Or at least a drink!