No Upfront Fees: UPMS Asset Recovery Unit is committed to offering services without imposing a financial burden on clients. Hence, we do not charge upfront fees. Our payment structure is based on contingency; we only get paid if we successfully recover funds for you. This ensures that our goals are in harmony with yours, and you can be confident in our commitment to fully pursue your claim.
Bearing All Legal Fees: Recognizing that legal costs can be a significant concern in claiming unclaimed funds, we cover all legal expenses related to your claim. Our network of licensed attorneys across every state is equipped to manage the legal proceedings, giving you the assurance that your claim is in capable hands.
Direct Lists from the County: We have direct access to county treasury departments, receiving up-to-date lists of individuals eligible for unclaimed funds. This direct line allows us to quickly and effectively identify potential claimants, ensuring no qualified funds are overlooked.
Dedicated Researchers and Private Investigators: Our team includes dedicated researchers and private investigators whose expertise is integral to our operations. They utilize their skills to find individuals potentially owed unclaimed funds, then contact them to detail our process and assist them in starting their claim.
Our firm is licensed and collaborates directly with the county to assist individuals in filing claims. We conduct audits on county records, and the county furnishes us with information and updates on the status of claims.
We work directly with the county!
What Happens After a Foreclosure
In the event of a Tax Deed or Mortgage foreclosure, the county conducts an auction of your property due to unpaid taxes or mortgage. The opening bid at this auction is typically set at the amount of taxes or mortgage owed.
Many people are unaware that these properties often sell for more than the opening bid, and any remaining profit is owed to the former owner.
The county issues surplus notification letters: however, they are often sent to the last recorded address, which may result in you not being informed.
Our role is to provide assistance with filing your claim; we collaborate closely with the county to help you recover these funds.
The advantage of partnering with us is that we do not charge any upfront fees; we only earn a finder's fee after a successful claim, ensuring you take on no risk whatsoever.
Unclaimed State Funds
Unclaimed state funds represent money that individuals have forgotten. It may seem odd, but it's a fact that many people have unclaimed funds owed to them. When bank accounts, safety deposit boxes, uncashed checks, money orders, insurance policies, stocks, bonds, mutual funds, trust funds, royalties, and escrow accounts remain unclaimed, they are transferred to the state's treasury. These institutions must annually report to the state's treasury, and after several years of unsuccessful contact attempts, they relinquish these funds 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.
At UPMS, 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.
How it works
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.