Wizard Capital Recovery specializes in locating and recovering overage or surplus funds that result from a foreclosure sale. We then contact the rightful owner to help them recover those funds and get it back into their pocket.
When a property is sold for taxes or mortgages, sometimes it sells for more than what is owed to creditors and lien holders. We believe the difference should go back to the homeowner or their heirs. If this money is not claimed within the strict deadlines set by each state, then the money is forfeited to the government and can never be recovered.
Wizard Capital Recovery regularly audits government agencies throughout the entire country for overage funds belonging to private citizens.
When we discover overage funds, we use various research methods, as well as internet searches, to locate the rightful owner.
Since we don’t charge an upfront fee, it is our policy to not disclose the location of the funds until an agreement is signed. Our team of researchers, lawyers, notary’s and agents have worked hard to find your money and then find you. Once our contingency fee agreement is signed, we will gladly disclose the location of the funds and our team will go to work to do all they can to get your funds returned to you.
The government agencies that are holding the funds don’t post these online and will not show up in an internet search. There are state websites that list unclaimed funds but these are not the funds that we have discovered. If you don’t use a professional service like ours and try to find it yourself, there is a slim chance you will find it on your own.
Wizard Capital Recovery never charges any upfront fees. We absorb all the costs associated with filing the claim and recovering the funds. We only get paid when we successfully recover the money. If we cannot recover the funds, which is uncommon, then it costs you nothing. We get paid from a portion of the funds recovered with the client getting the lion’s share.
Each government agency has different procedures and timelines. Once we find the money and then which agency is holding it we make proper requests some agencies will just return it. Some agencies require court filings that take time and lawyers. Depending on the agency and the type of claim, it can take as little as 40 days from the filing date to receive the funds, or it can take up to a year. Be assured that that once your funds are recovered, they are returned to you as soon as possible.
Contact by phone or email and a representative will discuss your claim in more detail and send the paperwork out to you to be signed. Once we receive all the paperwork back, then we will put your claim package together and file it with the proper agency within 48 hours. We will keep you informed throughout the entire process until the money is in your hands.
Wizard Capital Recovery’s fees are reasonable and contingent. If you don’t get paid, we don’t get paid. (Please note in some jurisdictions we may ask you to pay the filing fee and court costs, which are typically $300.00)
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