Global Discoveries, Ltd., of Modesto, California, assists clients with recovering unclaimed assets. As an asset recovery company, Global Discoveries, Ltd., has worked with a range of large and small corporations and individual clients in assisting them in recovering valuable assets.

Unclaimed/lost assets refers to items (objects or money) that a person or a family does not know about. For example, a great aunt may have left an inheritance that went undistributed or a former employer issued an employee a bonus that the employee never received. These are both examples of money that exists that goes unclaimed. In fact, every year, millions of dollars of lost or unclaimed assets belonging to individuals are located by companies specializing in this work.

Qualifying assets can include property, stocks, bonds, insurance policies, wages, rentals, tax-refunds, and royalties. By the time an asset recovery company has contacted a person, the asset has been given a monetary value and is in the possession of an agency or party, in some cases state agencies.

Typically, the origins of these assets come from inheritances, returns on property, insurance policies that had been purchased many years earlier, and lost payments. The assets become lost for a variety of reasons, such as name changes, address changes, or the use of a nickname.