Frequently Asked Questions
Find answers to common questions about our services and the unclaimed asset recovery process. If you need further assistance, don't hesitate to reach out.
SBH Asset Recovery reached out to you because there's most likely lost funds we believe can be rightfully yours as an owner, executor, or beneficiary. We have the knowledge and connections through company databases and have done extensive research before reaching out to you. We would not be contacting you if we did not feel that there was a chance that you are entitled to claim these funds.
These are just some examples of sources of unclaimed assets that we can help you recover. There are many other possible forms that may be left behind or unclaimed by their owners:
- Bank accounts
- Safe deposit box contents
- Stocks
- Bonds
- Life Insurance Death Claims
- Inheritance money
- Dividends
- Uncashed checks
- Wages
- Insurance proceeds
- Tax refunds
- Annuities
- Escrow accounts
In many cases the holding agencies will mail letters only to an address they have on file. Great lengths will usually not be taken to find people like you or the beneficiary.
It depends on where the funds are being held and how much time has passed, unclaimed property generally arises due to various factors, such as:
- Change of residence or business location
- Uncashed checks: checks received but misplaced, forgotten, or never cashed
- Incomplete will or estate administration: when property owners pass away, their assets including bank accounts, safe deposit boxes or stocks, may not be discovered by their heirs.
- Accounts opened for minors: Parents or guardians may open accounts for minors but not inform them, leading to a lack of knowledge until public notices are issued.
- Corporate changes: Mergers, acquisitions, bankruptcies, or business closures can lead to misplaced of forgotten assets.
These reasons contribute to assets being classified as unclaimed property until the rightful owners or heirs claim them.
Depending on the agency there may be statute of limitations where if a certain amount of time passes your funds may be absorbed into the holding agency’s general fund and may become irretrievable.
No, SBH will pay all costs to process the claim, we work on a contingency bases and you pay absolutely no upfront fee unless we successfully collect your funds. This is clearly noted in the agreement which will be signed between you and SBH Asset Recovery.
No results ... No Fee!
If you received a letter, phone call, or email please contact us as soon as possible upon receiving the initial documentation, complete it, and return it by mail, fax, or email. We are prepared to move quickly with your claim, offering first class service that is efficient and hassle free for you.