“As we’ve researched unclaimed property held by state governments across the nation, we’ve uncovered startling facts regarding how states govern the reclamation process,” says Choice Plus
Miami, FL (PRWEB) November 06, 2014
Choice Plus, LLC has raised some intriguing questions regarding state policies governing unclaimed property reclamation procedures.
“As we’ve researched unclaimed property held by state governments across the nation, we’ve uncovered startling facts regarding how states govern the reclamation process,” says Choice Plus in their recently released article.
Choice Plus, LLC, a private reclamation services company, has a national reputation for taking on the toughest cases and handling the most complex legal proceedings in the area of unclaimed property reclamation. They have helped hundreds of individuals reclaim unclaimed money, property, and assets that were being held by state governments.
Choice Plus assisted attorney Samuel Dean Bunton with the creation of reports recently released to the Uniform Law Commission, revealing that approximately 40% of returnable unclaimed property is not being returned to the rightful owners, largely because of state policies restricting public access to information and inhibiting the owners from accessing private reclamation services.
These state policies must come to an end, and Choice Plus is asking state residents to begin contacting their legislators in order to help facilitate changes to state reclamation policies.
“This isn’t just an issue for a few states,” Choice Plus says, “This is a widespread policy that takes advantage of unclaimed property that is rightfully due to another party. The states have no right to make it difficult for owners to get the help they need to recover their property.”
According to the Choice Plus report released on November 2, 2014, each year, almost $1 billion of returnable, state-held, unclaimed property remains just out of reach for many of these rightful owners.
Choice Plus is urging states to increase public access to information regarding unclaimed properties and to support private reclamation service companies who can provide helpful assistance for owners looking to recover their property.
The article walks through five specific misconceptions state governments hold regarding unclaimed property reclamation procedures, providing reasons and evidence debunking each one.
For more information about Choice Plus and their services, visit http://www.cpllc.com.
About Choice Plus:
Choice Plus is a reclamation agency that provides professional and financial assistance to individuals who are entitled to received unclaimed money or property. They specialize in the administrative and judicial proceedings that are required to secure release of assets to their rightful owners. Individuals entitled to these assets can partner with Choice Plus to eliminate the work and uncertainty associated with the process and utilize their professional, experienced, and tenacious assistance. To learn more about their services, visit their website.