Unclaimed assets include forgotten bank accounts, tax refunds, pension funds, bankruptcy distributions, insurance policies, stocks/bonds, cheques, inheritances, and gift or stored value cards, just to name a few. Throughout their lives, people frequently move to new addresses. Deaths are unplanned and people’s financial affairs are seldom organized when they die. Companies often move their office
locations and corporate mergers and acquisitions along with corporate bankruptcies are constantly occurring. All of these events can lead to unclaimed property — situations where the owners of assets become disconnected from the holders of their assets. After a legally-defined period of time elapses (the dormancy period) these unclaimed assets either remain with the asset holder until claimed by the asset owner, or become subject to legislation and are transferred to a Government (or its agencies), or to provincial or state ministries (or their agencies), until the owner is located. This unclaimed property is typically held until the rightful owner is located. However, depending upon the type of asset and the laws of the jurisdiction where the asset is held, if the owner of the asset cannot be found, the asset is typically maintained by the government and in some cases, they can charge dormancy fees reducing the value of the asset. It is estimated that federal, provincial, and state governments around the world are holding more than $100 billion in unclaimed money and other property that has accumulated over many years. Locating and claiming unclaimed corporate and consumer assets is often very complex and difficult, and quite often, the legal or beneficial owner is unaware that the funds are missing in the first place. AssetMine Global Inc. will search on your behalf for any lost financial asset in over 100 international jurisdictions. In additional to locating the lost assets, we also assist in recovering the assets for the rightful owner. Of course, the best way to find out if there is potential asset recovery is to call us now: 1-888-922-6032