Cash Unclaimed Media Room

Unclaimed money has been a cause of concern for all U.S. states. All fifty states and other federal agencies are jointly sitting on over $32 billion of unclaimed cash and property from over 117 million accounts, waiting for the rightful owners to turn up. Though unclaimed money has existed for a while, its immense pile up in recent years has raised alarm with the authorities. The last decade, especially the last five years has seen fervent efforts from the authorities to reduce the burden by returning the unclaimed cash to its owners.

Maryland Comptroller’s office has released a 144 page list containing 60,000 names of identified owners with a worth of $42 million in unclaimed cash. This massive reserve comprises of security deposits, insurance benefits, bank accounts, wages and even valuable contents of safe deposit boxes.

The deputy director of communications, Christine Feldmann of Maryland said their office had obtained more than 1340 calls for unclaimed property. It was estimated during this time that more than 400 people had their unclaimed fund recovered.

California tops the chart in unclaimed money laying with the state treasurer. The state is trying its best to get the unclaimed cash to the rightful owners; A Sacramento resident recently claimed $145 paycheck owed to him; A Rancho Cordova resident has a state pension savings account of $199 unclaimed.

California government is sending more than 9,000 memos every week to citizens who have unclaimed cash. The reminders are being sent week after week to businesses to inform them about any unclaimed cash or property in their name, aside from individuals.

Click to see the video of Cashunclaimed.com founder presenting donations to the Women’s and Children’s Crisis Shelter. All these donations were raised through unclaimed property claims.

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Here’s a few times we’ve been covered in the news. We’re constantly being covered in the major media and are always happy to help educate the public about the topic of unclaimed money. The public has a very strong interest in this topic and often do not really know very much about it. If you need an expert in the field for your show or article we’ll be happy to assist you. The following radio stations, TV stations and major web sites have featured us:

KNX710 News Radio, Los Angeles
“Websites where you can find “lost” or “unclaimed” money”, LARRY MAGID, hi-tech contributor