WHAT ARE LOST FUNDS?
Have you ever opened a bank account and forgotten to close an old one? Have you ever moved house and forgotten about your security deposit? Maybe you’ve invested in shares and simply forgotten to claim your dividends. Maybe you’ve had insurance or family members deceased and simply forgotten to claim or where contact has been lost.
These things can be very easy to forget, and it happens all the time. When this money is left uncollected, businesses are required by law to turn these funds over to the government to be held in trust until the money is claimed.
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Unclaimed money is money that has been identified as "Unclaimed" and is held in trust, by various authorities, until its rightful owner or representative comes forward to collect it. If this money is not collected within a certain period of time, the Government absorbs it ... and it can be nearly impossible to find then!
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Unclaimed money can only be handed over to the rightful person who, after verification, has authority to recover these funds.
THESE ARE JUST A FEW WAYS IN WHICH PEOPLE CAN END UP NOT REALISING THAT THEY HAVE UNCLAIMED MONEY WAITING SOMEWHERE.
EACH INDIVIDUAL CASE & CIRCUMSTANCES ARE DIFFERENT.
TRUST AUSTRALIAN REVENUE SEARCH TO SEARCH UNCLAIMED REVENUE FOR YOU.
HOW DID I END UP WITH LOST FUNDS?
RETURNING LOST FUNDS
RETURNING LOST FUNDS
Want to know more about the recovery industry and about lost funds but don't know where to begin. Why not read this article written by the Sydney Morning Herald, you'll see it's not just Australia holding lost money, it's worldwide!
This particular article discusses bank accounts alone; you can see you're definitely not alone in having lost money somewhere in the system.
As of December 2016, over $831 million dollars is currently sitting in Government coffers unclaimed by Australians.
RETURNING YOUR FUNDS TO YOU
Our policy is No Funds, No Fee.
You will not have any out of pocket expenses at all, as you will not have to pay a cent until your money is fully recovered. In fact, with your approval, our fees come directly from your claim.
Once we have recovered your lost funds, after our fee, we then either send you a bank cheque or credit the amount directly into your nominated bank account. It’s your choice. It’s that simple.
WHAT ARE LOST FUNDS?
HOW DID I END UP WITH LOST FUNDS?
Have you ever opened a bank account and forgotten to close an old one?
Have you ever paid a security deposit, and then moved house and forgotten about it?
​
Maybe you’ve simply forgotten to claim your dividends after investing in shares?
Perhaps you’ve had insurance or one of your family members has died and not made a claim or even where you have moved and current contact has been lost.
These things can be very easy to forget, and it happens all the time.
Examples of unclaimed or missing money includes:
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Tax Returns
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Share Dividends
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Old Bank Accounts
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Superannuation
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Inheritances
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Refunds
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Security Deposits
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Lotto Winnings
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Investments
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Payroll
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Uncashed Cheques
When this money is left uncollected, businesses are required by Australian law to turn these funds over to the government, who then hold the funds in trust until the money is claimed.
Unclaimed money is money that has been identified as "Unclaimed" and is held in trust, by various authorities, until its rightful owner or representative comes forward to collect it. If this money is not collected within a certain period of time, the Government absorbs it ... and it can be quite difficult to find then!