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Why Has Belle Property Contacted me?

Our researchers have identified recoverable money held by an agency that we believe belongs to you. This may sound much too good to be true but it really is true. A letter or phone call from our company is very good news indeed!

Why can't you tell me the name of the agency that's holding my money?

Before we reach out to potential clients, we've already spent money obtaining, converting, editing and researching unclaimed property databases. This research is both time consuming and expensive and it's done entirely at our own expense because we can't always be assured we'll be the company that's hired.

After finding substantial unclaimed funds, we have the additional expense of tracing and contacting the rightful recipients. This is difficult and expensive work because the last known address we've been given is often wrong.

 

All these preliminary expenses that are normally unknown to potential clients are the primary reason we don't tell them the source of their unclaimed funds until we receive a signed agreement. We don't enjoy keeping potential clients in the dark at first but we do so because our company needs to protect its investments.

Is this totally real and legitimate?

Yes, it is. Since we work strictly on a contingency fee basis with no advance payments, why else would we contact you if it weren't real and legitimate?

 

However, we understand your initial skepticism because we encounter it every day. Most people we contact are extremely surprised when first informed that their money has been languishing in an unclaimed property fund for many years AND they may actually lose the right to claim their money after a deadline has passed.

Who pays the expenses?

Belle Property pays all expenses out of its own pocket so our clients receive their share with no deductions. Some of our competitors deduct any expenses incurred from the total and then pay you the percentage from the remaining amount.

In some matters, court approval is required before claims are approved so an attorney is necessary. When an attorney must be retained, his or her fees are always disclosed in our client agreement. However, these attorney fees are always contingent upon the successful recovery of the money. This means if our attorney is unsuccessful in recovering the funds, you will not be charged by the attorney.

In addition to all the preliminary expenses mentioned above, after we're hired by our clients we have the additional expense of researching, preparing and filing claims that often are very complicated. This tedious work consumes many days of our time but is an essential part of our service.

In the end our efforts are almost always successful but money is not automatically refunded so during the entire claim process we always face the risk that for many reasons that are totally beyond our control, a claim will be denied. If this happens, we receive absolutely no reimbursement for any of our expenses while our client pays nothing.

How can Belle Property help me recover my money?

Belle Property conducts research that locates significant financial assets that are unknown or unclaimed by those who are legally entitled to recover them. We then reach out to the rightful claimants to offer our services to recover their money in exchange for a reasonable and lawful contingency fee. In the unlikely event that no money is recovered, there is no fee.

Why doesn't the government agency contact me directly?

The agencies claim they are unable to trace all the rightful recipients due to a lack of resources but why should they be expected to go to extraordinary lengths to find people when statutes entitle them to collect interest from the unclaimed assets as long as the money remains under their control? To make matters worse, after the deadline has passed, the money becomes the property of the holding agencies who escheat and can no longer be claimed.

 

In other words, they profit enormously when claims are NOT made.

Every month we see hundreds of rightful claimants lose all rights to their claims through a legal process called escheatment. In many cases these claimants had been contacted by third parties and informed of the forfeiture but took no action to stop it.

Is it really true these government agencies lack the resources to search for people who are owed money?

The claim review units within the government agencies do have limited budgets that in most cases prevent them from tracing the rightful owners. Some agencies have tens of the thousands of accounts so a mailing campaign would be very time consuming and expensive. In fact, much of the mail would be returned as undeliverable because the last known address in their records is often wrong. Telemarketing campaigns would be even more futile because a large number of workers would be required to make the calls, most of the phone numbers dialed would be outdated and people who were contacted successfully would dismiss the calls as ripoffs.

Will you ever ask me for money or a credit card number?

NO! We never charge up-front fees because all expenses during the claim process are PAID BY US. There's absolutely no risk or liability on your part.

What must be done to recover my money that's being held?

A valid claim must be filed with the holding agency. If the agency escheats, the claim must be filed before the deadline prescribed by law.

Several companies have contacted me about my unclaimed funds. How do I decide which company to hire?

Ask these questions about each company that contacted you:

  1. Will the company work on a contingency fee basis with no up-front fees?

  2. Will the company pay all expenses and work for free if the claim is unsuccessful?

  3. Does the company have a well-designed, professional website?

  4. Are the company's forms and contracts professionally drafted?

  5. Will the company disclose the identity of the holding agency immediately after their agreement is signed?

 

If the answer to all five questions is "yes", then you can be almost totally certain the company is legitimate.

Is the claim process really that complicated?

Many claims are extremely complicated. For example, money frequently gets lost and transferred to unclaimed money funds as the result of business mergers. When working those claims, asset locators must provide legal evidence of the merger in addition to all the other requirements such as affidavits, empowering documents, proof of payment, proof of address, etc.

What entities are on the databases you audit searching for unclaimed funds?

On our databases there are individuals, large corporations, small corporations, LLCs, deceased persons, police departments, law firms, hospitals, physicians, trustees, government agencies, banks, title companies, insurance companies, private organizations and many more.

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