Frequently Asked Questions
Surplus Funds are the proceeds generated from the sale of your property at a public auction. If your property is sold for an amount exceeding your mortgage and tax obligations, you may be eligible to receive Surplus Funds or overages, which can sometimes amount to thousands of dollars.
We operate on a contingency basis, meaning we only receive a small percentage when we successfully recover the funds for you. Upon signing our contingency fee agreement, we will cover most costs associated with retrieving these funds on your behalf, including but not limited to attorney fees, filing fees, and court costs.
Pluto Asset Recovery, Inc is an organization specializing in locating and recovering lost assets. We identify sources of funds from tax deeds and mortgage foreclosure auctions and state unclaimed surplus funds. We conduct thorough research and then contact the rightful owners to assist them in reclaiming their funds.
The governmental agencies we audit typically do not post these unclaimed funds accounts online. You are welcome to search state unclaimed funds websites; however, if you find funds there, these are not the funds we are notifying you about.
For instance, in the case of real estate ownership, properties are sold at foreclosure or tax deed auctions. Often, the amount owed to lien holders or creditors is overpaid to the government, which retains the funds if unclaimed. In bankruptcy cases, an old, discharged bankruptcy may sometimes yield funds. There are numerous other sources.
This is an option, but it is highly not recommended. Most of the claims, when done independently outside of our services, are denied by the county for one reason are another. Knowing what to do and how to navigate this process is very complicated and our agents are experienced in navigating this process and that is why we have a high success rate in getting you a refund.
Each government agency, bank, or private organization manages the claims process differently. Depending on local laws and the type of claim, it may take as little as 30 days, but typically 90-120 days from the filing date. Some cases may require more time; however, payments are generally received within 90 days.
We are aware of the claim amount but require your authorization to determine the exact location of these funds within the government agency. Once you provide your consent, we will complete the detailed process to identify the unclaimed fund account and promptly file to have it released on your behalf.
No. The concept of lost or forgotten funds or assets has existed for a long time. Federal, state, and local governments, as well as private banks, homeowner’s associations, and others, hold over $60 billion in unclaimed funds. This is where we come in. We do not charge any upfront fees for our services. We operate on a contingency basis and are only compensated if and when we successfully recover the funds for you. We will never request your payment information.
Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.