Frequently asked questions

In today’s world, you are wise to question the validity of any claim before moving forward. One way to determine if the company or person you’re dealing with is unethical is if they ask you for any money upfront. With a legitimate claim, there is never any reason to require upfront cash to pursue the funds.

Xcelerated Recovery Advisors will never ask you for any upfront money and will advance any out-of-pocket expenses in establishing your right to the monies owed. Xcelerated Recovery Advisors only gets paid when you get paid.

There is a conflict of interest in many jurisdictions where the county agency charged with notifying potential claimants of their money stands to keep the money if the claimants remain in the dark. Thus, county agencies perform only the bare minimum, if any, notification efforts.

Many forms of unclaimed funds are subject to an expiration/redemption period. The time available to claim funds depends on where the money is being held and how much time has already elapsed. Xcelerated Recovery Advisors extends substantial resources to locate the claimant when the claim is still new. This gives us the maximum amount of time to make a successful recovery.

In other instances, the claim may be just days from expiration. In either case, it is wise to pursue the claim as soon as possible. In many cases, the county agencies holding the assets have many requirements that must be met before the money is released. Unfortunately, they typically do not move quickly, so it is best to start the process as soon as possible.

Excess/overage funds arise when a property is sold for more than the total owed debts, and with Xcelerated Recovery Advisors’ help, they can potentially be recovered. This can happen due to a favorable market or a skilled negotiator.

After a foreclosure sale, excess/overage funds are the extra money left once all the owed debts and foreclosure expenses have been settled. Xcelerated Recovery Advisors takes pride in assisting homeowners in recovering these funds.

The former property owner is usually entitled to the excess/overage funds remaining after all debts, including the mortgage and foreclosure costs, are paid off. At Xcelerated Recovery Advisors, we are dedicated to helping our clients reclaim what’s rightfully theirs.

Our goal is to make significant strides in the field of post-foreclosure recovery, assisting homeowners in reclaiming excess/overage funds that are rightfully theirs. With a dedicated team of seasoned legal experts, Xcelerated Recovery Advisors is adept at navigating complex legal systems, cutting through red tape, and securing swift excess/overage refunds for clients.

The first prerequisite to claiming it yourself is to know where the money is held. Not all claims are easy to find. If you were to locate it, there are still good reasons for having an experienced third party pursue the claim.

The county agencies holding the assets often have many requirements that must be followed to prove your entitlement to the claim and format your request. These county agencies can prove difficult to work with, slow to respond, and slow to release your money. After all, they stand to keep the money if you do not follow their rules and meet their deadlines.

Having the experienced Xcelerated Recovery Advisors team help you navigate the labyrinth may be a wise decision. Xcelerated Recovery Advisors reserves the right to retain an attorney to successfully pursue your claim at no cost to you.

There is no simple answer to this. It depends on the case’s complexity and the anticipated costs of pursuing the claim. However, unlike other companies, attorney’s fees, probate costs, filing fees, notarization costs, and mailing expenses are included in our contingency fee agreement. In addition, many other companies will charge exorbitant fees upfront just for the details on the claim, and you are left on your own to try and collect. Our fee is only paid if and when money is received.

In some jurisdictions, attorneys are used almost exclusively because a formal motion to the district court is required to pursue the claim. The attorney can also request a judge’s order to release the money. In other areas, the format and requirements to file a claim are easier, and an attorney is not needed. The complexity of the claim could also dictate the need for an attorney. If an attorney is retained, Xcelerated Recovery Advisors will advance all expenses.

Our entire team is instrumental in orchestrating your claim and has collective experience in the financial, legal, and real estate sectors.

If you have received a letter or a call, please get in touch with us. If you are awaiting paperwork, use the time to study our website or contact your dedicated Claims Manager with any questions.

Upon receiving the initial paperwork, review it, and if you are ready to move forward with your claim, complete and send it back promptly. Xcelerated Recovery Advisors will complete the claims process from there. We look forward to working with you.

By law, you are recognized as the rightful recipient to claim these excess/overage funds because your home or property you owned has gone through a foreclosure or tax sale, or because you’re an heir to a property that has undergone the sale.

This foreclosure happens as a result of an unpaid mortgage loan, and the bank puts the property up at auction to recover their money. This property likely sold for more than you owed on it. Hence, you are owed that additional amount of excess/overage proceeds and have to claim it before someone else does.

When you work with Xcelerated Recovery Advisors, we will not request any upfront payment out of your pocket. All necessary costs and fees for processing your claim and during the fund recovery process will be covered upfront by us. Our compensation is solely contingent on successfully recovering the funds for you. This arrangement will be clearly outlined in the agreement between us. This means we only get paid when you get paid.

Unlike most other companies out there that charge outrageous upfront fees before even commencing your claim process (and sometimes even leaving you on your own to try and process the claim), you only pay us when we successfully get your money into your hands. If, for whatever reason, we are not successful (very rare), you don’t owe us anything. So, you have nothing to worry about, as this is completely risk-free for you, and we are bearing all the risks on your behalf.

Government agencies do not publicly disclose these funds online, making them elusive to standard internet searches. The unclaimed funds Xcelerated Recovery Advisors searches for extend beyond those listed by some states. Through our advanced skip-tracing technology and auditing methods, we excel in uncovering and locating hidden funds from tax sales and mortgage foreclosures that might elude your personal search efforts.

The best part is that you also will never have to hire expensive lawyers, as we have a team of seasoned foreclosure attorneys that will handle the legal work on your behalf.