Recovery045
An honest review of Fletcher
An honest review of our company – the good, the bad, and the ugly.
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The Library
The Record
Research Notes from Fletcher Recovery Group.
Observations, legal developments, investigative methods, and practical guidance drawn from our work in ownership research and asset recovery.
Established 2008
Research · Documentation · Recovery
Research · Documentation · Recovery
Editorial Archive
Research worth keeping.
A curated collection of research notes, legal perspectives, and practical guidance from Fletcher Recovery Group.
Recovery044
Federal Government has trouble recovering unclaimed assets.
A recent report was just released by the Office of the Inspector General Social Security Administration was titled, “Unclaimed Social Security Administration Assets Held by States and the District of Columbia”.
Read Recovery →Recovery043
I understand your frustration....
As businesses lean more heavily on technology to replace human-centric customer service, consumers are confronting a stark reality: when problems arise or questions need answers, they are often on their own in finding the solution.
Read Recovery →Documentation042
Do I really need to provide my Social Security Number (SSN)?
Frequently, we are be asked by claimants, “ Why do I need to put my social security number (SSN) on the claim documentation?”
Read Documentation →Ownership041
UGMA (Uniform Gift to Minors Act) Accounts Are Not Exempt
The days of stashing money in a savings account and not thinking about it for years has ended.
Read Ownership →Recovery040
Of course we did business; you have my money.
Frequently, the New York State Comptroller will request proof of a claimant doing business with the reporting company that escheated the funds.
Read Recovery →Recovery039
Proof of a connection to the address
So, you’ve taken the initiative to reclaim an account from the state. Aside from asking them for your money back, you’ve fought through the discomfort of sharing sensitive information to prove you are who you say you are.
Read Recovery →Ownership038
Custodial Accounts (UGMA/UTMA) abandon too.
At a recent stop into a local bank, while waiting in line for a teller, I found myself listening in to an exchange between a female customer and the branch manager.
Read Ownership →Recovery037
Self-custody and the end of unclaimed funds.
When an entity possesses an asset of financial value, and cannot deliver that asset to its customer, that asset eventually becomes subject to unclaimed property laws which require it to be turned over to the state government to hold as a…
Read Recovery →Estates & Heirs036
Small Estates and the Voluntary Administration Conundrum
Recovering unclaimed funds in the custody of NYS, which are held in the name of a deceased individual is often a difficult and complicated process.
Read Estates & Heirs →Law & Policy035
Alternating Current of Unclaimed Funds
In 2016, a class action law suit was filed against the Illinois Treasurer because they did not compensate the owner of unclaimed money held by the Treasurer for the interest or other earnings on the property while in its custody.
Read Law & Policy →Recovery034
Analog unclaimed funds recovery in a digital world
The amount of money being held by unclaimed fund administrators across the nation is startling. We put the number well over $100,000,000,000. That’s 100 hundred billion dollars!
Read Recovery →Recovery033
A recently published New York Times article discusses the enormous amount of unclaimed funds...
The complexities of location and recovery, as well as the use of contingent fee locators (ie. Fletcher Recovery Group LLC).
Read Recovery →Recovery032
There is no government-wide, centralized information service or database on how unclaimed funds held by the government may be obtained.
Each individual federal agency maintains its own records.
Read Recovery →Recovery031
Voluntary Administration now required to recover money held by New York State
Recently, the State of New York, Office of the State Comptroller, unilaterally enacted a policy that has had a tremendous negative impact on unclaimed property claimants that are trying to recover unclaimed money left behind by deceased…
Read Recovery →Recovery030
FREQUENTLY ASKED QUESTIONS
Fletcher Recovery Group is one of the leading teams of professional, genealogists and asset recovery researchers in the US. We provide specialized research and legal support service.
Read Recovery →Recovery029
Fletcher’s Unclaimed Asset Recovery Mission
Fletcher Recovery Group has built our business around reuniting people and their assets. It’s important to do what you love and at Fletcher we love the thrill of helping individuals successfully navigate the unclaimed asset recovery…
Read Recovery →Recovery028
Have You Received a Letter from Fletcher Unclaimed Asset Recovery?
If you’ve received a letter from Fletcher Unclaimed Asset Recovery, it means that we’ve identified assets in your name that are currently being held by the offices of the state comptroller that you are entitled to.
Read Recovery →Recovery027
Is Fletcher Recovery Group A Scam? The Truth About What We Do
When people receive one of Fletcher Recovery Group’s mailers, it is not uncommon for them to ask questions like “Who is Fletcher Recovery Group?”, “Is this a scam?” or “How can I be sure if this is real?” These questions are smart.
Read Recovery →Recovery026
We receive calls everyday with questions about the Fletcher Recovery Group letter that was received.
We love taking calls from prospective customers to discuss the letters we send. Specifically, we get similar questions from many people.
Read Recovery →Recovery025
Fletcher Recovery Group Letter
Did you receive a letter from us to recovery unclaimed funds held by the government?
Read Recovery →Recovery024
Fletcher Recovery Group LLC complaints
So....from time to time we get complaints about our service. Sometimes, but only sometimes, these complaints are legitimate. Being in business for over 10 years, we have definitely had some growing pains.
Read Recovery →Recovery023
Fletcher Recovery Group Review
We recently received a thank you card from a satisfied customer. And while it is nice to hear from people and see reviews on the web, it is small gestures like this thank you card, that warm our hearts.
Read Recovery →Recovery022
Who is Fletcher Recovery? What is Fletcher Recovery Group LLC?
We are a group of compassionate individuals that truly try to help as many people as possible to recovery unclaimed funds, in spite of the paramount regulations that have been developed to make that goal more difficult.
Read Recovery →Recovery021
Is Fletcher Recovery Group legitimate?
Apparently, this question gets asked a lot in google searches. The inquiry is justified considering we are informing you that there are lost funds you may be entitled to recover. The proposition certainly elicits thoughts of scam scenarios.
Read Recovery →Recovery020
"California Running Ponzi Scheme with Unclaimed Property Program"
Here is a link to an opinion piece written by Bruce Bialosky, CPA, who founded the Republican Jewish Coalition of California and was appointed by President George W. Bush to the U.S.
Read Recovery →Recovery019
Don't believe the hype.
It is unfortunate how rare it is to find an honest news piece that reports the facts about the world of unclaimed property - A little understood, yet enormous cash generating aspect of government.
Read Recovery →Recovery018
Faced with revenue shortfall, Mississippi took $14 million from the state’s Abandoned Property Fund
This troubling development in the ever evolving use of the public's abandoned funds. Rather than make an effort to return this money to the people, the effort is made auditing business' to marshal these funds for the ultimate use of funding…
Read Recovery →Perspective017
We have completed our move to the new office!
After a year of extensive renovations on the Prince of Realms Lodge located in the historic district of Roslyn, NY; we are pleased to announce that we have completed our move to the new location.
Read Perspective →Recovery016
Delaware apparently protected two scientists out of $12,024,148.25.
Two Belgian scientists who headed the research team responsible for creating a Hepatitis B drug were awarded shares in the company that commercially developed the drug, Idenix.
Read Recovery →Law & Policy015
Insurance companies have willfully been denying beneficiaries the opportunity to collect on small life insurance poilicies
It has typically been the responsibility of beneficiaries to notify insurers of a policyholder’s death, but a series of national agreements between states and roughly 20 life insurers showed that $4.4 billion in policy proceeds had not gone…
Read Law & Policy →Recovery014
Attorney alleges use of Unclaimed Property Fund is illegal
OKLAHOMA CITY — An Oklahoma City attorney claims the state is essentially operating a Ponzi scheme by routinely raiding its Unclaimed Property Fund and using money that belongs to its citizens to fund state government operations.
Read Recovery →Recovery013
Getting money back from state can be difficult
Article posted in the Lancaster, PA newspaper.
Read Recovery →Recovery012
PA tripled its collection of unclaimed money in 2015
Pa couldn't balance its budget, so it just changed the law to shorten dormancy periods and allow more of its citizens money to be abandoned to the State.
Read Recovery →Recovery011
State of TX is holding massive sums of unclaimed property
One in four Texans has unclaimed property from forgotten bank accounts, uncashed checks, security deposits and utility refunds.
Read Recovery →Recovery010
CA Unclaimed property policy has conflict, needs improvement, state report says
California’s potential liability for unclaimed property currently exceeds $7 billion. However, state officials estimate the actual liability is around $850 million because some of the assets are untraceable or because the owners may have…
Read Recovery →Recovery009
Unclaimed property tops $677 million
Clark County residents looking for a little extra holiday cash might try checking the state treasurer’s website for unclaimed property.
Read Recovery →Recovery008
Change in policy on unclaimed property
" Both state insurance regulators and corporate treasurers “are moving away” from enforcement actions against insurers, i.e., imposing huge fines and dictates on use of the Social Security Death Master File (DMF) , on unclaimed property…
Read Recovery →Recovery007
Key Florida court decision on unclaimed property
A ruling by a three-judge panel in Florida’s First District Court of Appeal held that Florida’s unclaimed property law does not make life insurance proceeds due and payable at the time of the insured’s death.
Read Recovery →Recovery006
As unclaimed funds returned, less goes to N.Y. budget.
The state Comptroller's Office returned $422 million to claimants in the fiscal year that ended in March, a state record, data show.
Read Recovery →Recovery005
Toto, I've a feeling we're not in Kansas any more...
This one is a little tricky to wrap your head around; NAUPA (the National Association of Unclaimed Property Administrators), which is really just an organization of the collective departments of each State Government that takes custody of…
Read Recovery →Recovery004
$213,000 unclaimed recovery for one man
This gentleman left his old friends documents in a box for over a decade unaware that he was in fact the beneficiary of a fortune left behind.
Read Recovery →Recovery003
Another example of aggressive unclaimed property legislation
By revising and expanding the scope of its unclaimed property statute, the State of Pennsylvania is solidifying its ability to collect and use an ever expanding amount of its citizens assets.
Read Recovery →Recovery002
Revising the Uniform Unclaimed Property Law
The Uniform Law Commission is drafting a revised version of the uniform unclaimed property law.
Read Recovery →Recovery001
Delaware collects more than $600 million a year in unclaimed property.
http://www.mondaq.com/unitedstates/x/323918/tax+authorities/Delaware+Unclaimed+Property+Voluntary+Disclosure+Program+Extended+to+September+30
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