California
Good news for Californians! Over $400 million are ordered by a judge to be paid
to the owners of
unclaimed money which was in the hands of the California
Treasury Department. According to a news report
in San Francisco Chronicle, ?The ruling is the second major blow to the state
this year over how it has handled more than $5 billion in the unclaimed property
account - enough money to cover the cost of the California's 109-campus
community college system.?
The U.S. Government is holding-on to an estimated amount in the neighborhood of
$40 billion in unclaimed assets.
Imagine how much interest that generates per year! Yup, hundreds of millions. In
the Golden State alone, there is around $5 billion in unclaimed money and there
were reportedly instances where the state failed to include the interest on
successfully returned assets. This adds to the negative rulings plaguing the
unclaimed property division of the state's Treasury
Department. A federal court earlier this year
found that the state failed to notify some owners of lost assets properly before
seizing them. This resulted in a federal court ordering a cease in the seizure
of
unclaimed property by the state
until new laws were passed ensuring proper attempts to notify the owners of
such. The ban was lifted just recently.
-
This page contains information about Unclaimed Property in Alaska. It includes applicable statutes and forms as well as links to frequently asked questions. more…
November 30th, 2007
Posted by
admin |
Unclaimed Money |
no comments
Many people wonder what happens to unclaimed property when it is turned over to unclaimed property offices.
In most cases, unclaimed money and unclaimed property are used interchangably.
If for example, a deposit box contents are turned over to the state, the contents will be sold at auction and then become a monetary value for the unclaimed property owner.
In fact, just today, this story was reported fromTMJ channel 4 in Madison Milwaukee.
Because it was left in a bank’s safe deposit box and unclaimed, it’s now property of the state of Wisconsin and so are many other valuable items.
“It’s everything from Michael Jordan’s card when he played baseball to a signed Ted Williams card which is probably worth a lot of money,” Perkins said.
Megan Perkins works for the Treasurer’s Office.
“99 percent of the time it’s the owner of the box has passed away and didn’t let their heirs know they have this safe deposit box,” Perkins said.
The best part is you have the chance to buy some of the items. They all go on sale on eBay at noon Wednesday. more…
If you desire to find all possible claims in your families names, please visit http://www.unclaimedmoney.net in order to ensure you do not get scammed by the many dozens of unclaimed property websites to choose from.
November 28th, 2007
Posted by
admin |
Find Free Money, Wisconsin, Unclaimed Money Auction, Unclaimed Funds, Lost Money, Unclaimed Property, Assets, Unclaimed Money |
no comments
If you’ve resided in Alaska sometime in your life and wondering now if you might have left behind financial assets, well, there’s a 70% chance you just might have. An estimated 7 out of 10 Americans are owed unclaimed money by the Treasury Department in the different states across the country. The amount of unclaimed funds currently totals nearly $40.
Lost financial assets are turned-over to the federal department of each state after a certain dormancy period. The number of years these assets have to be dormant depends on the type of of asset and on each individual state’s local laws. In Alaska, that can be 1 year for utilities and safe deposit box contents, 3 years for things like mineral proceeds and interest, 5 for checking and savings accounts and stock shares, and 7 years for non-bank money orders. The longest dormancy period is 15 years for traveler’s checks.
Luckily, there’s no need to leave your home in order to claim your lost money in Alaska - just get on a computer with internet access and let your fingers do the work. Be warned though, as in many other places in the world, there are also a lot of unscrupulous people on the web out make a fast buck. They charge you per every single search, so it’s easy to spend 20, 30 bucks and come-up with nothing. There are some useful ones which show how to do effective search methods for a minimal fee. It’s really your decision on how to go about searching for your money- just do it and get what’s rightfully yours.
-
Kansas State Treasurer Website - UP Search Disclaimer The Unclaimed Property Division seeks to return various forms of unclaimed property to the rightful owner or heirs. The State Treasurer has the authority to …
SHELL [BULLETIN]
The purpose of the Unclaimed Property is to reunite lost owners with their … Unclaimed property is considered abandoned when it remains unclaimed for the …
November 26th, 2007
Posted by
admin |
unclaimed money, Aklaska, Find Free Money, Lost Money, Unclaimed Money |
no comments
Rewards cards are more popular than ever due to the fact you can earn cash back for purchases you already make.Compare Best Credit Card Deals
-
People search engine. Search more than a billion public records and 12 databases … Records Death Records Bankruptcies & Liens Unclaimed Money Real Property Records … more…
November 22nd, 2007
Posted by
admin |
Rewards Cards, Lost Money, Unclaimed Money |
no comments
Arizona
If you’re living in Arizona or at some time in your life lived and worked there before, there is a great chance you are entitled to the $400 million in unclaimed property the state Treasury Department is holding. Even if you haven’t been there before, an Arizona-based company may have turned-over to the government lost funds belonging to you. Depending on the type of property, there is a dormancy period of usually 3 years for lost assets to be claimed before they are by law handed over to the government.
Lost financial assets include securities, cash or property like bank accounts, credits, and payroll checks. Contents of safety deposit boxes are can also considered unclaimed property if their owners can’t be contacted after the dormancy period. The Arizona
Treasury Department sells contents of safety deposit boxes in annual auctions if their owners don’t claim them after 3 years. The proceeds are then held by the state as unclaimed money. A $100,000 trust fund from the unclaimed money is maintained by the State of Arizona and the excess is transferred to the state’s General Fund.
-
Office of the Treasurer Provides an overview of the office functions and services and information about the incumbent.
Office of the South Dakota State Treasurer … you discover cash in our Unclaimed Property site or just learn something new … Main Office 605-773-3378 Unclaimed Property 605-773-3379 …
November 19th, 2007
Posted by
admin |
Unclaimed Money |
no comments
Here’s good news if you’re living or at one time or another have lived or worked
in Arkansas. State auditor Jim Wood is looking for over 200,000 Arkansans who
are owed money in the form of unclaimed property. According to Wood, �Ten
percent of the people in
Arkansas have unclaimed property here and all they have to do is come
forward to claim it” .
Unclaimed property comes from unreturnable checks due to change of addresses or
names, forgotten bank accounts,
unredeemed refunds and gift certificates and the like. After a dormancy
period which varies per state, escheat laws require the companies with these
lost assets to turn them over to the Treasury Department of each state.
Even if you haven’t been to Arkansas, the unclaimed department of the government
in that state may have money for you. Companies based there might have
turned-over your lost funds after unsuccessfully locating you after some years.
The U.S. Government right now has
nearly $40 billion in unclaimed property and experts say it belongs to 7 out
of 10 Americans.
-
South Dakota Office of the State Treasurer : Unclaimed Property Page
You may call our office to check for unclaimed property. … South Dakota’s Unclaimed Property Law is based on the 1981 Uniform Act and was passed by the …
Unclaimed Property and Escheat Law
Dr. Yancey is a consultant to holders of unclaimed property. For information on how to recover unclaimed property please direct your questions to one of the …
November 18th, 2007
Posted by
admin |
unclaimed money, Arkansas, Unclaimed Funds, unclaimed cash, Unclaimed Property, Unclaimed Money |
no comments
GUARANTEED to find your unclaimed property, or, your money back!Step-by-step guide for finding unclaimed property
-
Escheat Unclaimed Property
Escheat home page … Search For Unclaimed Property … Report General information for preparing abandoned and unclaimed property report. …
florida
Unclaimed Property also includes tangible property such … If you have ever lived in Florida, there’s a chance we are holding unclaimed property for you. …
November 17th, 2007
Posted by
admin |
Unclaimed Property, Unclaimed Money |
no comments
GUARANTEED to find your unclaimed property, or, your money back!Step-by-step guide for finding unclaimed property
-
Search tools from the California Unclaimed Property Division for finding property that may have been lost or forgotten. Look for assets that have been turned over … more…
State Treasurer John Kennedy invites you to learn about the Louisiana State Treasury and to search for over $200 million in Unclaimed Property. more…
November 16th, 2007
Posted by
admin |
Unclaimed Money |
no comments
The state of Tennessee has released it’s list of residents who are due unclaimed tax returns.
With an average return of $776, it’s definitely worth searching.
There has been a nice post at Wordpress which has a partial list of names waiting for rightful owners to claim.
Crazy enough, this website has the same theme I do. Great mind think alike…so don’t be shocked when you click the link and it does not look like you’re not moving.
Here’s da link: http://unclaimedmoney.wordpress.com
November 15th, 2007
Posted by
admin |
Tennessee, IRS Tax Refunds, Unclaimed Funds, unclaimed cash, Unclaimed Property, Unclaimed Money |
no comments
Rewards cards are more popular than ever due to the fact you can earn cash back for purchases you already make.Compare Best Credit Card Deals
-
In California, unclaimed property is the responsibility of the State Controller's Office (SCO). Questions regarding unclaimed property should be directed to … more…
November 15th, 2007
Posted by
admin |
Unclaimed Money |
no comments