A: Municipalities will not give out information or refunds unless you know the exact date, amount, and location(s). This information is not readily available on the state’s website.
A: The municipality will refund the money back to the entity that posted the deposit. With proper supporting documentation AMC has the capability to complete the recovery and return the money back to the rightful owner.
A: Escheated funds are deposits that have exceeded that municipalities escheated guidelines. It has been AMC’s experience that numerous municipalities are escheating to themselves. Once they have escheated to themselves the statute of limitations has lapsed and the funds are now wholly owned by the municipality.
A: The Executor of the estate can execute on behalf of the deceased.
A: We stand alone. We are a for profit company. No other company does what we do, to the extent we do it. Painstaking research efforts go into every file in our database and our focus is strictly cash and cash convertible assets; not letters of credit, unclaimed property, overpaid taxes, or escheated funds.
A: It is not the responsibility of the local areas to let you know when your money is refundable. In the majority of municipalities these funds earn interest.