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Welcome
Billions unclaimed! Are you missing out?
Billions in unclaimed funds are held by various agencies across America. Most people don't even know they exist.
About The Asset Recovery Network
Our Mission
Our Mission
Our Mission
The mission of the Asset Recovery Network is to empower individuals, businesses and organizations by providing comprehensive and transparent services to locate and recover unclaimed funds. With dedicated expertise we ensure that every rightful owner is reunited with their lost or forgotten wealth, fostering financial inclusion and enhancing economic well-being.
Our History
Our Mission
Our Mission
Founded in 2024, the Asset Recovery Network emerged to address the challenge of unclaimed assets held by various agencies across America. By leveraging years of legal research, the Network simplifies the process of locating and reclaiming forgotten funds, such as bankruptcy funds, tax overages, and foreclosure overages.
Our Team
Our Mission
Our Team
At The Asset Recovery Network, we are proud to have a team of dedicated professionals who are passionate about what they do. With years of experience in legal research and a deep understanding of the industry, our team is committed to providing our customers with the highest level of service and support.
Bankruptcy Unclaimed Funds.
How are they created?
How are they created?
How are they created?
Bankruptcy unclaimed funds are created when a debtor's assets are distributed to creditors, but some payments remain unclaimed or undeliverable. This can occur due to outdated contact information or creditors not coming forward. These unclaimed funds are held by the bankruptcy court or trustee.
Identifying claims
How are they created?
How are they created?
At The Asset Recovery Network, we identify claims by meticulously researching court records and databases to locate unclaimed bankruptcy funds. We analyze these records to pinpoint instances where creditor payments have not been claimed or delivered. This process involves verifying details and cross-referencing information to ensure the accuracy and legitimacy of the identified claims.
Locating creditors
How are they created?
Locating creditors
We locate creditors by using various methods to find the rightful creditors or their heirs. This involves employing advanced search techniques, accessing public records, and leveraging databases to track down accurate and current contact information. Our goal is to ensure that the unclaimed funds reach the appropriate individuals or entities.
Submitting claims.
Submitting claims.
Locating creditors
We prepare and submit the necessary documentation to the court to claim the funds on behalf of the creditors. This involves gathering all required information, completing the appropriate forms, and ensuring that everything is filed correctly and promptly. Our expertise in the claims process ensures that each submission is thorough and co
We prepare and submit the necessary documentation to the court to claim the funds on behalf of the creditors. This involves gathering all required information, completing the appropriate forms, and ensuring that everything is filed correctly and promptly. Our expertise in the claims process ensures that each submission is thorough and compliant with legal requirements, increasing the likelihood of a successful claim.
Disbursing funds.
Submitting claims.
Disbursing funds.
Once a claim is approved, we efficiently disburse the funds to the rightful creditors. We handle all necessary paperwork and transactions to ensure a smooth process. Our priority is to ensure creditors receive their funds promptly, and our fee is deducted only after the funds have been successfully disbursed.
Taxes.
Submitting claims.
Disbursing funds.
If a debtor overpays a creditor or the bankruptcy estate (e.g., paying more than what is owed or required), this overpayment is not considered taxable income.
- The overpayment might be returned to the debtor or applied to other debts. If refunded, it's treated as the return of funds that were already paid by the debtor and does not
If a debtor overpays a creditor or the bankruptcy estate (e.g., paying more than what is owed or required), this overpayment is not considered taxable income.
- The overpayment might be returned to the debtor or applied to other debts. If refunded, it's treated as the return of funds that were already paid by the debtor and does not constitute income.
- If a debtor receives a refund of an overpayment (e.g., refund of excess funds after creditors are paid off in a Chapter 11 reorganization or liquidation of assets in Chapter 7), this refund is generally a return of money that originally belonged to the debtor and is not taxable.
- Refunds or returns of overpayments are simply the recovery of excess amounts paid, not new income. Therefore, they do not have to be reported as taxable income.
- If a debtor receives a refund of an overpayment (e.g., refund of excess funds after creditors are paid off in a Chapter 11 reorganization or liquidation of assets in Chapter 7), this refund is generally a return of money that originally belonged to the debtor and is not taxable.
- Refunds or returns of overpayments are simply the recovery of excess amounts paid, not new income. Therefore, they do not have to be reported as taxable income.
Applicable laws.
Applicable laws.
Applicable laws.
All proceedings in Bankruptcy cases are governed by Federal law. All claims for unclaimed funds must strictly adhere to the provisions set forth in 11 U.S. Code, sec. 347 or risk denial.
Ninety days after the final distribution under section 726, 1194, 1226, or 1326 of this title in a case under chapter 7, s
All proceedings in Bankruptcy cases are governed by Federal law. All claims for unclaimed funds must strictly adhere to the provisions set forth in 11 U.S. Code, sec. 347 or risk denial.
Ninety days after the final distribution under section 726, 1194, 1226, or 1326 of this title in a case under chapter 7, subchapter V of chapter 11, 12, or 13 [1] of this title, as the case may be, the trustee shall stop payment on any check remaining unpaid, and any remaining property of the estate shall be paid into the court and disposed of under chapter 129 of title 28.
Fraud.
Applicable laws.
Applicable laws.
Fraudulent activity will not be tolerated. Any suspicion of fraud in which an individual poses as the rightful owner of the unclaimed funds and seeks the services of The Asset Recovery Network will be promptly reported to the United States Attorney in the Bankruptcy Court where the claim is to be or was filed. Penalty for making a false
Fraudulent activity will not be tolerated. Any suspicion of fraud in which an individual poses as the rightful owner of the unclaimed funds and seeks the services of The Asset Recovery Network will be promptly reported to the United States Attorney in the Bankruptcy Court where the claim is to be or was filed. Penalty for making a false statement: Fine of up to $500,000 or imprisonment for up to 5 years or both. 18 U.S.C. sec. 152 & 3571.
Probate.
Applicable laws.
Probate.
In many unclaimed funds cases, the rightful owner of the funds is deceased. This is where probate comes in.
Probate affects the claiming of unclaimed funds by determining the legal heirs entitled to receive assets from a deceased person's estate. The probate court validates the will, appoints an executor to manage the estate, settles de
In many unclaimed funds cases, the rightful owner of the funds is deceased. This is where probate comes in.
Probate affects the claiming of unclaimed funds by determining the legal heirs entitled to receive assets from a deceased person's estate. The probate court validates the will, appoints an executor to manage the estate, settles debts and taxes, and then distributes the remaining assets, including unclaimed funds, to the heirs according to the will or state intestate laws. This process ensures legal and correct allocation of unclaimed funds.
Unclaimed funds from tax sale overages.
How are they created?
How are they created?
How are they created?
Tax sales overages, also known as surplus funds or excess proceeds, are formed when a property is sold at a tax sale for more than the amount owed in back taxes, interest, and associated costs. After satisfying the tax lien, any remaining funds from the sale are considered overages. These surplus funds are typically held by the governmen
Tax sales overages, also known as surplus funds or excess proceeds, are formed when a property is sold at a tax sale for more than the amount owed in back taxes, interest, and associated costs. After satisfying the tax lien, any remaining funds from the sale are considered overages. These surplus funds are typically held by the government until the rightful owner claims them. If unclaimed within a specified period, the funds may be forfeited to the state.
Identifying claims
How are they created?
How are they created?
At The Asset Recovery Network, we identify tax sales overages by meticulously researching court records and databases to locate unclaimed surplus funds from tax sales. We analyze these records to pinpoint instances where the excess proceeds from property sales have not been claimed or delivered. This process involves verifying details an
At The Asset Recovery Network, we identify tax sales overages by meticulously researching court records and databases to locate unclaimed surplus funds from tax sales. We analyze these records to pinpoint instances where the excess proceeds from property sales have not been claimed or delivered. This process involves verifying details and cross-referencing information to ensure the accuracy and legitimacy of the identified claims.
Locating creditors
How are they created?
Locating creditors
We locate creditors by using various methods to find the rightful creditors or their heirs. This involves employing advanced search techniques, accessing public records, and leveraging databases to track down accurate and current contact information. Our goal is to ensure that the unclaimed funds reach the appropriate individuals or entities.
Submitting claims.
Submitting claims.
Locating creditors
We prepare and submit the necessary documentation to the county to claim tax sale overages on behalf of the rightful owners. This involves gathering all required information, completing the appropriate forms, and ensuring that everything is filed correctly and promptly. Our expertise in the claims process ensures that each submission is
We prepare and submit the necessary documentation to the county to claim tax sale overages on behalf of the rightful owners. This involves gathering all required information, completing the appropriate forms, and ensuring that everything is filed correctly and promptly. Our expertise in the claims process ensures that each submission is thorough and compliant with legal requirements, increasing the likelihood of a successful claim.
Disbursing funds.
Submitting claims.
Disbursing funds.
Once a claim is approved, we efficiently disburse the funds to the rightful owners. We handle all necessary paperwork and transactions to ensure a smooth process. Our priority is to ensure that owners receive their funds promptly. Our fees are deducted only after the funds have been successfully disbursed by the county.
Taxes.
Submitting claims.
Disbursing funds.
Taxes on unclaimed funds are typically governed by federal and state laws. When unclaimed funds are disbursed, they may be subject to income tax. The recipient is responsible for reporting the received funds as income on their tax returns. Tax treatment can vary, so it's advisable for recipients to consult with a tax professional in thei
Taxes on unclaimed funds are typically governed by federal and state laws. When unclaimed funds are disbursed, they may be subject to income tax. The recipient is responsible for reporting the received funds as income on their tax returns. Tax treatment can vary, so it's advisable for recipients to consult with a tax professional in their respective jurisdictions to understand their specific tax obligations.
Applicable laws.
Applicable laws.
Applicable laws.
If a property is purchased from a Tax Deed Sale for an amount in excess of the statutory bid of the certificate holder, the surplus must be paid over and disbursed by the Clerk. Pursuant to Florida Statutes 197.582, the claim period expires 120 days after the date of the mailed Notice of Surplus. A person, other than the property owner,
If a property is purchased from a Tax Deed Sale for an amount in excess of the statutory bid of the certificate holder, the surplus must be paid over and disbursed by the Clerk. Pursuant to Florida Statutes 197.582, the claim period expires 120 days after the date of the mailed Notice of Surplus. A person, other than the property owner, who fails to file a proper and timely claim is barred from receiving any disbursement of the surplus funds.
The Clerk and Comptroller’s Office must pay all valid liens before distributing to a titleholder and may request additional documentation to evaluate or verify claims. Within 90 days after the claim period expires, the Clerk's Attorney may either file an interpleader action in circuit court, if potentially conflicting claims to the funds exist, or pay the surplus funds according to the Clerk's Attorney's determination of the priority of claims using the information provided by the claimants.
Fraud.
Applicable laws.
Applicable laws.
Fraudulent activity will not be tolerated. Any suspicion of fraud, such as an individual posing as the rightful owner of unclaimed tax sale overages and seeking the services of The Asset Recovery Network, will be promptly reported to the authorities with the jurisdiction to prosecute.
Probate.
Applicable laws.
Probate.
In many unclaimed funds cases, the rightful owner of the funds is deceased. This is where probate comes in.
Probate affects the claiming of unclaimed funds by determining the legal heirs entitled to receive assets from a deceased person's estate. The probate court validates the will, appoints an executor to manage the estate, settles de
In many unclaimed funds cases, the rightful owner of the funds is deceased. This is where probate comes in.
Probate affects the claiming of unclaimed funds by determining the legal heirs entitled to receive assets from a deceased person's estate. The probate court validates the will, appoints an executor to manage the estate, settles debts and taxes, and then distributes the remaining assets, including unclaimed funds, to the heirs according to the will or state intestate laws. This process ensures legal and correct allocation of unclaimed funds.
The Asset Recovery Network
Your Unclaimed Funds and Asset Recovery Specialists.
- Do you think you may have unclaimed funds from a Bankruptcy estate, tax deed sale or foreclosure sale? Don't know where to begin? Well, we do! Drop us a line. We will be delighted help.
If you have received any calls, emails, or letters from us, it means that we have found unclaimed funds that may belong to you.
Drop us a line for a free consultation.
WE ARE 100% CONTINGENCY BASED.
- We charge no upfront fees, meaning you pay nothing out of pocket. We only get paid if we are successful in reclaiming your assets.
Do you think you may have unclaimed funds from bankruptcy, tax sale or foreclosure overages? Contact us now for a free consultation.
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