VERIFICATION
Why Did a Recovery Company Contact Me?
General reasons a property recovery company may reach out, and how to think about unsolicited outreach.
A common reaction
Receiving a letter, call, or email from a company you have never heard of, referencing a property you once owned, can understandably raise questions. This type of outreach is not unusual in the property recovery industry.
How companies generally identify potential matters
Recovery companies generally identify potential matters by reviewing public records, such as tax sale excess funds lists, foreclosure sale records, or probate filings, to determine whether proceeds may exist and who may have an interest in them. Outreach is typically based on this type of public record research rather than any private or confidential source.
What to do next
Regardless of who has contacted you, it is reasonable and encouraged to independently verify the outreach before providing personal information or signing any agreement. See our article on how to verify a potential property recovery for general guidance.
General information only. This article is provided for general educational purposes and does not constitute legal, financial, or tax advice, and is not a guarantee of any outcome. HSP is not a law firm and does not provide legal advice or legal representation. When legal services are needed, the claimant independently selects and retains legal counsel. Laws and county procedures vary and change over time; for guidance specific to your situation, consult independent legal or financial counsel.
