The Law Offices of Christopher T. Campbell focuses on asset recovery.
Asset recovery is the process of reclaiming and recovering previously lost or abandoned property and returning it to the rightful owner.
Property owners never relinquish their rights to the property. This means you may have unclaimed funds sitting in a state-run bank account. Once enough time passes where a claim has not been made, the unclaimed property is then turned over to the State to await the rightful owner to make a claim.
Dormant Savings - Checking Accounts - Certificates of Deposit - Safe Deposit Box Contents - Uncashed Money Orders - Cashiers & Traveler Checks - Uncashed Payroll Checks - Unused Gift Certificates - Oil & Gas Royalty Payments - Uncashed Stocks - Uncashed Mutual Fund Dividends - Stock Certificates - Mineral Royalty Payments - Unclaimed Security Deposits - Utility Deposits - Customer Deposits - Credit Balances - Refunds & Overpayments - Court Deposits - Insurance Payments - Probate Court Judgments - Property Overlooked in Estate Probate - Paid Up Life Insurance Policies - Uncashed Death Benefit Checks - Life Insurance Proceeds - Health & Accident Insurance Payments - HUD-FHA Refunds
As you can see, there are many places that your assets could be parked waiting for you to claim it. The key is to find it and convince a state government that 1) it belongs to you and 2) that you are who you say you are. This can be more difficult than you would think, and requires an attention to detail that many people do not have the patience to endure. The government does not like parting with this money. It can otherwise use it for what they wish, and in some cases keep any interest on it.
Surplus Funds A large part of our practice is the recovery of money left over after a sheriff sale of a foreclosed property. Many people are surprised to learn that if after a sheriff sale auction of a foreclosure property there is money left over after the bank is paid, that money is the property of the homeowner. This can sometimes amount to tens or hundreds of thousands of dollars. The challenge is finding it and getting it back from the State.