What to know
When a trustee or other stakeholder faces competing claims, it may deposit the money into a court registry and ask the court to decide entitlement. This is commonly called interpleader.
Practical safeguards
Interpleader usually requires legal pleadings, service on interested parties, and a court order. A nonlawyer recovery business should not represent the claimant in court or give individualized legal advice.
General information only: This guide is not legal advice and remains subject to attorney review. State laws and holder procedures change.