Right now, billions of dollars in unclaimed business and corporate assets are being held in state trusts across the country, waiting for their rightful owners to claim them. The asset recovery lawyers at Poulson Law have recovered millions of dollars from those trusts for their corporate clients — including a single unclaimed asset valued at $1.4 million that had been abandoned for 30 years.
If you think your company may have unclaimed assets — and most do — Poulson Law can assist you in identifying and recovering those missing assets. Our attorneys understand the complexities that arise from recovering money and property across state and national jurisdictions, and have the experience to help you recover assets no matter where they may be held.
Common Causes of Lost Corporate Assets
- Assets were delivered to an incorrect address
- Accounts were held under old business names
- Assets were lost during relocations
- Assets were not properly transferred during a merger or acquisition
- Assets were lost due to employee error
- Payments were held up by litigation
- Payments were held up in bankruptcy cases
Our Recovery Process
Our corporate asset recovery specialists use specialized technology to identify and recover unclaimed property. We maintain a library of documentation for each of our claims, tracking their progress and providing updates about the status of their payment. We maintain relationships with sources of information about lost and unclaimed property, and perform systematic searches of unclaimed assets to ensure we are thorough in our process.
Poulson Law has represented some of the largest financial institutions in the world in connection with resolving forensic accounting, asset recovery issues, and reclaiming unclaimed and abandoned property. Through our efforts, our clients have recovered millions of dollars in lost or unclaimed assets.
