There is a unique company located in North Alabama that most of us will never hear of or even be aware of. However, those lucky enough to be contacted by this company might be in for the surprise of their life! You ask why? Well, Fiscal Ingenuity Incorporated identifies unclaimed funds and contacts the rightful owners to help them recover those funds. This means that if you are lucky enough to be contacted by Ingenio Fiscal, it will be like winning the lottery, only on a smaller scale. I guess it’s like one of those days where you put on your jeans and find a twenty dollar bill you didn’t even know you had.
When I heard about this company, I was quite skeptical, so I called the owner for the following interview.
What gave you the idea to create such a company?
“Throughout the years I have seen these funds pass in front of me and I always said to myself: Why don’t the owners collect them? Either they don’t know the steps to take to collect the money, or most likely they don’t even know it’s a possibility because the entities that own it don’t inform people that the money exists.
Can an “entity” do that? Are they allowed to keep the money?
“The management of the entities that have the money is smart. They know the law and only do the minimum required. The law only requires that they send one (1) letter to the last known address on file. If someone moves and does not file correctly their address changes, then they would not receive the letter. Some throw away the letter thinking it is junk. Sometimes the letter is even sent to a family member who has passed away. The law also says that if the money is not claimed within within a specified amount of time that money will be legitimately converted to entities. The law is clearly in favor of the entity that owns the money, creating a disincentive to properly report the rightful owners.”
I see, so there is an incentive for companies to put in as little effort as possible. Since Fiscal Ingenuity has access to information about the rightful owners of these funds, it can contact the owners and help them get their money back. I still think I would be a little skeptical if you called me and told me that they owe me money and that you could help me get it. Do you see this as a problem?
“Absolutely, this is one of our biggest challenges. People are very skeptical and rightly so. I would be too. Unfortunately, this is what prevents many people from getting their money back.”
As a business owner, what are you doing to alleviate this fear?
“We try to allay fears by being as professional as possible when dealing with clients. We don’t try to pressure people. Few people know exactly what to ask us, so we try to explain everything as best as possible over the phone, but in the end we encourage people to take the time and visit our FAQ page on our website to understand how it all works If possible we try to meet everyone in person We want to build trust Fiscal Ingenuity is more than willing to talk with anyone our client would like. If there’s anything we can do for them, then we’re more than willing to accommodate within reason.”
What is the biggest claim you are currently pursuing and what does your average customer receive?
“This is the most frequently asked question I get by far, but with good reason. Our average customer takes home around $9,000. To answer your question about the largest claim, we are currently trying to locate a very difficult customer to reach. finding that he is owed $213,000.00. If we can find this owner, it will be our largest recovery to date.”
Mr. Cook, we really appreciate your time and hope that one of our readers will be next on your list of people to contact. If anyone ever hears of Fiscal Ingenuity Incorporated, consider yourself lucky because he just found way more than $20.00 in his jean pockets.
