
Many corporations have unclaimed assets that are currently sitting in the coffers of various jurisdictions. These assets were either seized by these jurisdictions through audits or voluntarily turned over to the states by other companies. These assets are retained in the state’s custody until the rightful owner comes forward to claim them.
Independently locating & recovering corporate unclaimed property assets can be a surprisingly complex, labor intensive process that often results in only a fraction of available claims being made. While certainly underscored by good intention, the internet-based search tools currently provided by most federal, state and local unclaimed property administrative agencies are often inefficient, uninformative, and may not provide the most accurate picture of all funds that may be due to your company.
To aid our clients in recovering what rightfully belongs to them, JMS utilizes proprietary technology solutions that are capable of quickly locating large volumes of unclaimed property with a single search input. This results in specific findings that otherwise would be nearly impossible to uncover using traditional internet-based search methods. For large conglomerates with corporate name and address lineage consisting of thousands of distinct business name and address criteria, our service provides a dramatic time and money savings solution.
After identification and qualification of these assets, JMS ensures that all necessary claims documents for the various jurisdictions are completed to the fullest extent possible. These documents are then organized and delivered with straightforward submission instructions and the supporting documentation necessary to accompany and verify every claim.
Our asset recovery solution facilitates and accelerates the process of locating and recovering corporate unclaimed property to the maximum extent possible. Our experience has shown that the technology we employ delivers significant results and leads to the recovery of assets that our clients would not otherwise identify and recover independently.
We are so confident in our capabilities to deliver results, that we offer this solution on a success-based fee arrangement. We only collect a fee for our efforts after our client receives its unclaimed property.
Contact us now to explore how we can help improve your bottom line.