Frequently Asked Questions

AMC helps companies recover unclaimed municipal bond funds held by government agencies. These funds often go unnoticed or abandoned due to outdated contact information or internal turnover.

Bond agencies don’t proactively notify companies about unclaimed funds. Our research team proactively identifies these missed opportunities and reaches out directly.

We maintain a proprietary database of open municipal records and use a mix of automation, FOIA requests, and human review to locate unrecovered balances.

Our focus is strictly on cash or cash-convertible municipal postings throughout the United States. In many cases, these are performance bonds posted to ensure completion of construction projects, or uncashed checks.

We do not pursue items such as escheated property, trade receivables, tax funds held by the state treasury, or inheritances.

We’ll ask you to complete a short form and sign a Power of Attorney (POA) authorizing us to act on your behalf. It takes less than 5 minutes.

Once we receive your POA, we submit formal requests to the agency holding the funds. This includes providing supporting documentation and following up until recovery is complete.

We begin the claims process immediately. You'll receive updates when key milestones are met, and your funds will be returned once the agency approves and issues payment.

In most cases, municipalities require a notarized Power of Attorney for AMC to act on our client’s behalf during the recovery process. The POA gives us the ability to pursue these assets, complete necessary forms, and navigate the refund process.

We work on contingency — our standard fee is a percentage of what we recover. If we don’t recover anything, you owe nothing.

Our fee is automatically deducted from the recovered amount. You’ll receive documentation showing the full claim and net funds issued to you.

Typically, we target claims worth at least $1,000. Exceptions are made for grouped or recurring claims with long-term value.

There is no financial risk to you. If the agency denies the claim or the funds cannot be recovered, there is no fee or charge.

You owe nothing. Our compensation is entirely success-based.

Yes. All documents and communications are stored securely and used solely for the purpose of recovery processing.

Painstaking research efforts go into every file in our database. AMC may provide potential clients with very generalized information about the assets we have discovered during the contract execution stage. Specific identifiers are withheld to protect our firm’s own interest and business model.

Asset Management Consultants has been in business for 30+ years, tackling the recovery process from a builder/developer perspective. Over that time, we have developed an expansive database of assets held within municipalities across the country. Each municipality operates uniquely. Our team has built trusted relationships and understands how to navigate each one effectively — this sets us apart from other firms.

Escheatment is the legal process where unclaimed funds are transferred to the state. We aim to recover your money before that happens.

Our claims are submitted using public records laws (FOIA) and agency procedures. We operate under the authority granted by your signed POA.

Every state has different laws and processes related to the escheatment of assets. Some municipalities may eventually absorb unclaimed funds into their general fund. This is why it's important to act quickly and allow AMC to begin recovery on your behalf.

The municipality will refund the money to the original entity that posted the deposit. With proper supporting documentation, AMC can recover and return funds to the rightful owner or successor.

The Executor of the estate may execute the POA and recovery paperwork on behalf of the deceased. AMC will help guide the process.