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Recovering lost foreclosure sale proceeds check

πŸ’Έ moneyproduct problemSingle report ●●●●● severity 4/5

A person reports that their mother lost an uncashed Bank of America check representing foreclosure sale proceeds and is struggling to recover the funds while living abroad in Belgium.

Who's affected: A person whose mother lost a bank check for foreclosure proceeds and is currently residing outside the United States.

⚠️ Single report. This is one person's account. We mark it so until more voices confirm it.

What people do today

πŸ”§ Fix this

Ideas a builder, maker or community group could start on:

  1. A dedicated concierge service that helps expats navigate US banking bureaucracy for lost financial instruments.
  2. A standardized digital template for 'Affidavit of Loss' specifically tailored for international bank customers.
  3. A legal tech platform that connects individuals with local counsel to file for escheatment recovery when banks refuse to reissue checks.
I want to build this

Real voices

β€œthe proceeds from the sale were issued as a Bank of America check... the check wasn't cashed, and she lost it.”

Source: Stack Exchange (money) Β· CC BY-SA 4.0, user-contributed content from Stack Exchange; summarized and modified

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