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Should Lost Money Finders Be Paid a Percentage?

Posted on August 10, 2009 at 6:50 AM

What if you received a call and the person on the other end of the phone identifies themselves as a "money finder" of lost money and informs you that they have found a bundle of unclaimed money listed in your name, would you agree to pay them at least 10% of the total amount of cash found?

 

There are certain factors that come in to play when this question arises, such as:

 

  1. Were you already aware of unclaimed money listed in your name?
  2. Had you searched for lost money and was unable to find any?
  3. Would you have been able to find this lost money and claim it without the assistance of a moneyfinder?
  4. Do you know how and where to search for lost money?

Lost Money Found in Your Name

 

When searching for lost money, it can be and is very time consuming.  When a moneyfinder reports to you that an unspecified amount of money has been found listed in your name, it is possible that it has taken them hours or maybe even days to search different government resources to find your money.  Unless you have signed a contract and agreed to pay a percentage of the total amount of lost money found, you are not obligated to pay anyone for finding your lost money. 

 

Locating Owners of Lost Money

 

If you take into consideration how much time was put into finding your money, locating you and assisting you in finding and claiming or reclaiming your lost money and assets, it would be worth a monetary compensation, a testimonial on their site, or possibly a donation to their cause would be better than nothing at all. 

 

 

 

Categories: Lost Money, Unclaimed Money, Unclaimed Property

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