Abandoned Property Reporting Services
...without the headaches
- No software to purchase
- No employee training required
- Your data is safe and secure
Abandoned Property Specialists will safely and securely handle your data in our processing environment. You will have access to a secure, password-protected download section of the Abandoned Property Specialists website that contains all the necessary reports for each state. Download all the files to your computer and print the PDF documents. Then mail the report packages to each state with a check.
Some states require online report filing. That will already be completed before you get your escheat reports. A proxy report for your records will accompany each seasonal report set for those states requiring online filing.
Many states require "negative reporting". This is an affirmation that you have no abandoned property to report. Negative reports are only necessary after initially reporting property to states that require them. It is common not to have any reportable property for the next reporting season.
Records can be retained and aged or you may elect to send a new set of records each year. A set of preliminary reports are generated for your approval before any processing is done.