Links to more Information
Sierra Funds Recovery encourages our clients and customers
to be informed regarding the world of Unclaimed Assets. There are
many pools of money that are not under the control of their rightful
owner here in the USA and internationally. U.S. Government agencies
alone are holding over $300 billion in unclaimed property
and lost money.
An asset becomes unclaimed in the eyes of the law when the
original owner is lost - typically after a name or address change
- or when the rightful heir fails to communicate an interest in it
over a number of years, known as the dormancy period. Those left holding
unclaimed assets - banks, stock brokers, life insurance companies,
and government agencies - remit them to the protective custody of
a government trust account in a legal process referred to as escheat.
Some Facts Regarding Unclaimed Funds
must initiate a search for unclaimed money - most government agencies
holding unclaimed funds will not contact you.
is no national unclaimed funds database - unclaimed assets may be
anywhere, regardless of where you now live.
property databases online contain only a fraction of lost accounts
available for claim.
money held by Federal agencies is not included in state unclaimed
nationals & corporations must follow special procedures to locate
and claim lost money and missing assets.
types of lost assets - including government refund checks - are not
included in unclaimed property databases online
property claims refund checks average $800-$1000, but many are for
are statutory time limits on some types of unclaimed property claims,
so you must take action.
State Unclaimed Property Databases
Sierra Funds Recovery, Inc. does not work to recover any funds that
are easily accessible to the client. This includes funds that have
been transferred to any of the individual United States in a process
known as “Escheatment” (The process of turning over unclaimed
or abandoned property to a state authority).
Each state maintains an online searchable database
and will explain the process for retrieval, which does not require
specialized assistance. We encourage you to research these sites on
your own. If you need further information, please feel free to contact
us for guidance.
Federal Unclaimed Property Information
A resource website to search for any unclaimed
insured deposits for financial institutions that were closed by a
regulatory agency between January 1, 1989, and June 28, 1993
and Urban Development
If you had a Department of Housing and Urban
Development (HUD)/Federal Housing Administration (FHA) insured mortgage,
you may be eligible for a refund of part of your insurance premium
or a share of any excess earnings from the FHA's Mutual Mortgage Insurance
Revenue Service (IRS)
If you think the IRS owes you money, call
the toll-free assistance line at 1-800-829-1040
Benefit Guaranty Corporation (PBGC)
If you worked for a company in the past that
went out of business or ended its defined benefit pension plan, you
may be entitled to pension money. PBGC is looking for over 12,000
people who are owed pension money.
Savings Plan (TSP) for Federal employees
The TSP is trying to find lost participants
to assist them (or their beneficiaries) in claiming their accounts.
This list contains the name, last known state of residence, and last
employing agency of approximately 14,500 participants whom the TSP
has been unable to locate despite extensive efforts and whose accounts
have been declared abandoned. (Click on "Lost Participants")
Dept of Treasury - Savings Bonds
Records on undeliverable savings bonds since
1996 can be searched online. The US Treasury has also provided the
following telephone numbers to offer assistance to owners seeking
to claim lost bonds: Kansas City (800) 333-2919, Buffalo (800) 234-2931,
Pittsburgh (800) 245-2804, Richmond (800) 322-1909, Minneapolis (800)
553-2663. For Treasury securities other than savings bonds call (800)
Links for Holocaust Victims
Resolution Tribunal - Deposited Assets Claims and Insurance Claims
On February 5, 2001, a new claims process
has been established to provide Nazi victims or their heirs with an
opportunity to make claims to assets deposited in Swiss banks in the
period before and during World War II. This website contains all the
information you will need to find out further details about the claims
program, view the list of names of account owners, receive a claim
form with instructions, and obtain assistance in filling out the claim
form from volunteer organizations.
Victim Assets Litigation (Swiss Banks)
The official information website for the Holocaust
Victim Assets Litigation against Swiss Banks and other Swiss Entities.
You may have important rights under a proposed $1.25 billion (U.S.)
Settlement of a class action lawsuit against private Swiss Banks and
other Swiss Entities for their alleged conduct related to World War
II and the Holocaust.
to many Holocaust Assets Web Sites
A number of links related to holocaust victims
Site created for victims
International Commission on Holocaust Era Insurance Claims
The International Commission on Holocaust
Era Insurance Claims (ICHEIC) was established in October of 1998 by
the National Association of Insurance Commissioners in cooperation
with several European insurance companies, European regulators, representatives
of several Jewish organizations, and the State of Israel. The Commission
is charged with establishing a just process that will expeditiously
address the issue of unpaid insurance policies issued to victims of
Unclaimed Property In the News
the IRS owe you money?
There could be cash just waiting for you.
Find out by searching the undelivered refunds database
toss old stock certificates
Research might reveal financial, collectible
value Picture this: You're poring over your grandfather's papers and
come across a stock certificate for a company called Haloid. You've
never heard of it, and you can't find it on any stock exchange, so
you toss the stock certificate out with Gramps' National Geographics.
treasure: Get what's coming to you
States hold billions of dollars in unclaimed
property. Here's how to stake your claim. (from CNN/Money Magazine)
lost bank accounts
Don't you think it would be next to impossible
to forget about or lose track of one of your bank accounts? How about
not remembering a safety deposit box crammed with stocks, insurance
policies and jewelry? No way, right?
me the money
You may have hidden treasure without even
knowing it. Find out how to dig it up. MSNBC Dateline
your money. We can get it back for you"
©2003 Sierra Funds
Recovery Inc. Information@SierraFR.com