There is currently an estimated $15 Billion in Lost and Unclaimed funds in Australia waiting to be reunited with its rightful owners. Each year, Billions of dollars are being held by numerous Australian Institutions as been lost & unclaimed belonging to Individuals & Companies alike, and that figure is rapidly increasing by the day.
Did you know that only an astonishing 3% of those funds are ever recovered and the remaining 97% ends up in a Government Consolidated Revenue Fund, if the money is not claimed within a designated timeframe? This is mainly due to the fact that the likely owners of the lost & unclaimed funds are just simply NOT aware that there is an amount of money owing to them and that they have the right to claim it back. This is where Lost Money Trackers undertakes a crucial role of making Individuals & Businesses realize that there is a sum of money that belongs to them, and that we can assist in retrieving those funds, with the sole purpose of putting those funds back into our client’s bank accounts, where they rightfully deserve to be. Without Recovery Agent Firms, the vast majority of Businesses & Individuals are not likely to EVER recover their hard-earned cash.
The basis by which your funds end up becoming lost and are handed over as “Un-recovered” money, is primarily the result of either a Business/Company or an Individual due to death, liquidation, forgetfulness or just simply plain neglect, leave their funds in Institutions such as (without limits to): Investment Firms, Insurance Companies, Banks, etc. When this takes place, a letter or cheque is then sent out to the rightful owner by the Institution holding the funds to the last recorded address on their system. If for whatever reason this letter is addressed incorrectly, lost in the mail, does not reach it’s intended recipient and the owners do not respond or request a refund from the Institution holding the money, the funds are then transferred over to a regulated trust account until they are eventually claimed by its rightful owner.
Lost Money Trackers is a specialized Australian research & asset recovery service firm dedicated to successfully reuniting lost and unclaimed funds with their rightful owners. The provision of our services is Local & National in scope covering all 6 states and 2 territories all around Australia.
Our Dedicated team of expert researchers and recovery specialists are eager to reconnect our clients with their missing funds and make the process of recovering their lost assets as simple as possible!
Our Service specializes in:
- Identifying Lost Asset/s
- Locating and Contacting the Rightful Owner/s
- Verifying Ownership
- Managing and Preparing Documentation
- Submission of Claim
- Successful Retrieval of Lost & Unclaimed Asset/s
- Forwarding the Funds to the Rightful Owner/s
Types of Funds we help recover are:
- Dormant Bank Accounts
- Utility & Rental Bonds
- Local Council Deposits
- Deceased Estates
- Overpayments & Refundable Deposits
- Unpresented Cheques
- Company Takeovers
- Debentures
There is no Upfront payment required, our earnings are based on a commission percentage fee of the overall amount of funds retrieved! Such payment is only required once the funds have been successfully recovered. Our fee is clearly stated in our Terms & Conditions web page.