You can be an HEIR of amounts receivable from the 'Collor confiscations'; understand

You may be entitled to amounts related to the confiscation of savings by the government of Fernando Collor de Mello (1990-1992), which resulted in several lawsuits.

Many Brazilians who sought to recover the money lost over these decades may not have received due justice in life, but their heirs may be entitled to the amounts. Have you ever thought about losing rivers of money?

So it's better to check if your name is among the most recent Brazilian heirs!

Step by step to discover new heritage

The Brazilian Front for Savers (Febrapo) informs that the heirs and executors of savers covered by the implementation of the Bresser, Verão, Collor 1 and 2 Economic Plans have the possibility of receiving amounts from the shares judicial.

These amounts can be allocated to children, parents and collateral relatives the 4th degree, which includes nephews, uncles and cousins. Therefore, the breadth of beneficiaries comprises a diverse range of close relatives.

Follow this step by step to check if there is an inheritance to receive:

1. It is possible to access the website of the Court of Justice of your state in a simple and free way to consult court cases. Generally, each state has a specific system, but in many cases, it is enough to insert the name or CPF number of the author of the process in the “consultation of processes” option. In this way, you will be able to obtain information about processes of interest conveniently and free of charge.
2. If it is not possible to locate the process through the online system, it is recommended to visit the Forum in your region in person to seek more information. Civil servants working in this sector have access to more detailed search buttons, which can assist in locating the desired process.
3. Once identified as the 'heir' of such a process, it is necessary to formally enter as a legitimate party in the ongoing legal action. This step must be carried out by the lawyer responsible for conducting the process.
4. If a relative has been affected by the confiscation of money during the Collor government, it is important to highlight that the window of opportunity to seek the recovery of these amounts ended by the end of 2017.

In 2018, a significant milestone was achieved in the resolution of more than 270,000 cases related to the confiscation of money during the Collor government, through the Collective Agreement of Economic Plans.

This agreement was ratified by the Federal Supreme Court (STF) and established between Febrapo, which represented savers, and the Brazilian Federation of Banks (Febraban), which represented institutions financial.

This collaboration resulted in the resolution of many legal impasses and the conclusion of agreements with the dependent protectors.

However, there is still a significant number of people, around 400,000, who have open cases.

Among them, approximately 140,000 are from heirs who entered as a legitimate party in the lawsuit after the death of their family members.

Due to the repercussions of these impact cases, the agreement was extended and extends until June 2025, with the with the aim of continuing to enable more people to obtain resolution and compensation for losses incurred in the past.

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