Services

Corporate Asset Recovery

TLSG's Corporate Asset Recovery Program ("CARP") is a comprehensive solution designed to identify and recover unclaimed funds belonging to Fortune 1000 companies.

Through an intensive Initial Property Identification process ("IPI"), TLSG uncovers sources that are likely holding unclaimed funds for TLSG's clients. These sources include thousands of Federal, State, City, County, US Territory and foreign jurisdictions, many of which are exempt from state escheat laws. Additionally, TLSG identifies outstanding payments from hundreds of sources where owners’ rights to claim funds are extinguished by the passage of time.

The IPI is based upon a detailed analysis of our clients’ history, fictitious names, and physical locations. TLSG then utilizes our proprietary database, comprised of 20+ years of data, automated state-of-the-art search software, manual investigation, and public records requests to locate these unclaimed funds from the sources identified during the initial phase of the IPI. Once the property is identified, TLSG conducts a due diligence review to substantiate that only 100% client owned property is recovered.

TLSG then begins the collection process by assembling all of the required documentation necessary to recover our clients’ funds. Concurrently, TLSG prepares all of the claim forms, affidavits, and certificates necessary to recover the identified property. TLSG is in constant communication with the issuer of the payment, and closely monitors the process through the actual collection of funds by our clients.