Unclaimed property letter

Unclaimed property letter

You Received an Unclaimed Property Letter, Now What?

Thank you for inquiring about the letter you received. This page will help you understand who we are and why we sent you a letter notifying you that you may be owed money. Crowe LLP is one of the largest accounting, consulting, and technology firms in the U.S. We serve as an unclaimed property management firm on behalf of many companies to attempt to locate the rightful owner(s) of unclaimed funds.

What is unclaimed property and why did you receive this letter?

Unclaimed property comes in many forms: unpaid wages, uncashed checks, accounts receivable credit balances, etc. Essentially, unclaimed or abandoned property refers to accounts with no activity or contact with the owner for a year or longer.

But what does that mean to you?

It could mean:

  • You left your employer and moved before they were able to pay you your final wages or reimburse expenses. They have your wages and/or expenses to pay you, but haven’t been able to locate you to send you the funds.
  • You thought you closed an account with a bank when you moved, but there were still funds in the account. The bank has been attempting to locate you to return those funds.
  • You misplaced or forgot to cash a check or use a credit on an account previously issued to you by the company.
  • You were in an area where disaster struck. Your insurance provider owes you money from your claim; however, you had to relocate and your insurance company has had trouble locating you.

If these unclaimed funds, regardless of the reason for being unclaimed or abandoned, are not returned to you, the company holding the funds must turn them over to the state. Before doing so, the company must attempt to locate the owner by sending a due diligence letter to the last known address. This is the letter you received.

Next steps

  • If you are the individual or business referenced in the letter and now have a better understanding of why you received it, please complete the information requested in the mailing, sign, and return in the envelope enclosed with that mailing. Please note that it can take 90-120 days to reissue the check.
  • If you have additional questions, contact us or call our hotline at +1 888 527 0123.

If no response is received by the deadline indicated on the letter, these funds will transfer to the state where you received the letter.

Finally, if you missed the deadline, you can still claim your money by contacting your state’s unclaimed property department.

Frequently asked questions