Did you receive a letter saying you HAVE unclaimed funds?

This page will provide you with the reason for the letter that you received and who we are. DuCharme, McMillen & Associates, Inc. (DMA) is a tax consulting and technology firm that has been solving tax challenges for the world’s largest companies since 1972. We help individuals and businesses reclaim funds they may be entitled to.

Understanding Unclaimed Property and Your Letter

Unclaimed property encompasses a variety of assets, including unpaid wages, uncashed checks, outstanding credit balances, and more. Essentially, these are accounts that have remained dormant, with no owner activity or contact for a year or longer. You received a letter because our client(s) identified you as being entitled to unclaimed funds.

How does this apply to me?

It Could Be:
  • A situation where you left your previous employer before they could issue your final wages or reimburse expenses. The funds are ready for payment but locating you has proven challenging.
  • A scenario where you believed you had closed a bank account when you moved, only to discover remaining funds. The financial institution has been diligently trying to return these funds to you.
  • Instances where checks or account credits issued to you were forgotten or misplaced.
  • Circumstances where you were affected by a disaster, and your insurance company owes you money from a claim. However, they have had difficulty in locating you.
  • A credit balance where you may have overpaid a vendor, or you paid a bill; and an insurance company or other entity paid on the same bill — leaving a credit balance owed to you.

If these unclaimed assets, for any reason, remain unclaimed or abandoned, companies are required to remit them to the state. Before taking this step, they must make diligent efforts to locate the rightful owners, which includes sending the due diligence letter you received.

What happens now?

If you are the individual or business mentioned in the letter and now understand why you received it, we kindly ask you to complete the requested information on the link provided in your letter. You can also access that portal here. Often, these funds may be reissued within 60 days; but it may take up to 120 days to reissue your funds.

Should we not receive a response by the indicated deadline in your letter, these funds will be transferred to the state in which you received our correspondence.

If you miss the deadline, you can still claim your funds by contacting your state’s unclaimed property department.

Frequently Asked Questions

  • No need to worry; this is a legitimate process. DMA specializes in assisting companies with unclaimed property management, ensuring rightful owners are identified and their unclaimed assets are properly reported. You may learn more about our unclaimed property services on our website.

  • Unclaimed property encompasses a variety of assets including unpaid wages, uncashed checks, outstanding credit balances, and more. Essentially, these are accounts that have remained dormant, with no owner activity or contact for a year or longer. You received a letter because our client(s) identified you as being entitled to unclaimed funds.

  • It could be:
    • A situation where you left your previous employer before they could issue your final wages or reimburse expenses. The funds are ready for payment but locating you has proven challenging.
    • A scenario where you believed you had closed a bank account when you moved, only to discover remaining funds. The financial institution has been diligently trying to return these funds to you.
    • Instances where checks or account credits issued to you were forgotten or misplaced.
    • Circumstances where you were affected by a disaster, and your insurance company owes you money from a claim. However, they have had difficulty in locating you.
    • A credit balance where you may have overpaid a vendor, or you paid a bill; and an insurance company or other entity paid on the same bill — leaving a credit balance owed to you.

  • Go to the link provided in your letter and complete the requested information. You can also access that portal here.

  • If you experience technical difficulties with the claim site, please reach out to us by email at unclaimedproperty@dmainc.com.

  • DMA helps companies with their unclaimed property compliance, and part of that process is assisting individuals and businesses in reclaiming funds they may be entitled to. Our client(s) identified you as being entitled to unclaimed funds, so we have contacted you on their behalf.

  • Rest assured, there are no fees involved for you. Once your claim is approved, you will receive the amount specified in the letter you received.

  • If you’re uncertain about whether you are owed unclaimed property, we recommend making a sincere effort to review your records. Then, respond to the letter as you see fit. Failure to reply by the indicated deadline may result in the transfer of funds to the state as unclaimed property, following state regulations. In such cases, any future claims would need to be made through the state’s process.

  • Any authorized representative may claim on behalf of your company.

  • If you are an heir to this property, you have the option to fill out and sign the letter on behalf of the deceased individual. However, it is essential to include all required supporting documents, such as a death certificate and evidence of your authority to act, to facilitate processing the claim.

  • If you are not the person mentioned in the letter, it is likely that our client had outdated or incorrect contact information for the rightful owner, or the individual may have relocated from the address provided. In such cases, you may safely disregard the letter you received.

  • If you have concerns about whether we received your response or if it was received within the letter’s deadline, please don’t hesitate to reach out to the contact information on your letter.

  • While most payments are processed within 60 days, it can take as long as 120 days, and there may be occasional delays. If you wish to inquire about the status of your payment, please feel free to contact us. We’re here to assist you throughout the process.