Frequently Asked Questions
Get answers to common questions about unclaimed property recovery.
Unclaimed funds are financial assets held by state governments when the original owner cannot be located. These include forgotten bank accounts, uncashed checks, insurance payouts, security deposits, utility refunds, and more. Every state has an unclaimed property program that holds these funds until the rightful owner or their heir claims them.
We use a combination of state databases, public records, and proprietary research tools to search for unclaimed property. When you enter your name, we cross-reference it against records from state treasury offices across the country. Our team then verifies potential matches before reaching out to you.
No. Searching for unclaimed property is completely free. There is no cost and no obligation. You can also search directly through your state's unclaimed property website at no cost. Our service charges a fee only if you hire us to handle the recovery process on your behalf.
We work on a contingency basis, meaning you pay nothing upfront. Our fee is a percentage of the recovered amount, and it varies by state (typically 10-30% depending on state regulations). You only pay if we successfully recover your funds.
Yes. You have the absolute right to file a claim directly with the state at no cost. Many people choose to work with us because the process can be complex -- especially for estate claims, claims requiring probate documents, or claims involving multiple states. We handle all the paperwork and government follow-up so you do not have to.
Processing times vary by state, but most claims are completed within 30-90 days for simple claims. Estate claims or claims requiring additional documentation may take 3-12 months. We keep you informed at every step of the process.
We specialize in heir claims. If a family member has passed away and left unclaimed property, we can help the rightful heirs recover those funds. Estate claims typically require documentation such as a death certificate and proof of heirship, which we help you gather and file.
No. My State Funds is a private asset recovery service operated by Foreclosure Recovery Inc. We are not affiliated with any government agency. We are a registered, licensed business that helps people navigate the state claims process.
We currently focus on California, Florida, Arizona, New Jersey, Hawaii, South Dakota, and Rhode Island, with more states being added regularly. Each state has different regulations and processes, and our team is trained on the specific requirements for each state we serve.
You can check your claim status anytime by entering your 6-digit claim code on our homepage or by visiting the Check Claim Status page. You can also call us at (888) 545-8007 for updates.