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

  You must initiate a search for unclaimed money - most government agencies holding unclaimed funds will not contact you.

  There is no national unclaimed funds database - unclaimed assets may be anywhere, regardless of where you now live.

  Unclaimed property databases online contain only a fraction of lost accounts available for claim.

  Unclaimed money held by Federal agencies is not included in state unclaimed property databases.

  Foreign nationals & corporations must follow special procedures to locate and claim lost money and missing assets.

  Certain types of lost assets - including government refund checks - are not included in unclaimed property databases online

  Unclaimed property claims refund checks average $800-$1000, but many are for substantially more.

  There 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

FDIC
    http://www2.fdic.gov/funds/index.asp
    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

Housing and Urban Development
    http://www.hud.gov/offices/hsg/comp/refunds/index.cfm
    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 Fund.

Internal Revenue Service (IRS)
    http://www.irs.gov/
    If you think the IRS owes you money, call the toll-free assistance line at 1-800-829-1040

Pension Benefit Guaranty Corporation (PBGC)
    http://www.pbgc.gov/search/default.htm
    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.

Thrift Savings Plan (TSP) for Federal employees
    http://www.tsp.gov/index.html
    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")

US Dept of Treasury - Savings Bonds
    http://www.publicdebt.treas.gov/sav/sbtdhunt.htm
    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) 722-2678

Links for Holocaust Victims

Claims Resolution Tribunal - Deposited Assets Claims and Insurance Claims
    http://www.crt-ii.org/index_en.phtm
    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.

Holocaust Victim Assets Litigation (Swiss Banks)
    http://www.swissbankclaims.com/
    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.

Links to many Holocaust Assets Web Sites
    http://www.giussani.com/holocaust-assets/websites/websites.html
    A number of links related to holocaust victims

Swiss Bank Accounts
    http://www.dormantaccounts.ch/
    Site created for victims

The International Commission on Holocaust Era Insurance Claims
    http://www.icheic.org/
    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 the Holocaust.


Unclaimed Property In the News

Does the IRS owe you money?
    http://www.msnbc.com/news/592125.asp
    There could be cash just waiting for you. Find out by searching the undelivered refunds database

Don't toss old stock certificates
    http://www.usatoday.com/money/wealth/making/mmw189.htm
    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. Big mistake.

Lost treasure: Get what's coming to you
    http://money.cnn.com/2002/04/26/pf/banking/q_treasurehunt/index.htm
    States hold billions of dollars in unclaimed property. Here's how to stake your claim. (from CNN/Money Magazine)

Reclaiming lost bank accounts
    http://www.bankrate.com/brm/news/bank/20010207a.asp
    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?

 Show me the money
    http://www.msnbc.com/news/236628.asp
    You may have hidden treasure without even knowing it. Find out how to dig it up. MSNBC Dateline

 

"It's your money. We can get it back for you"
©2003 Sierra Funds Recovery Inc. Information@SierraFR.com

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