$25 Billion in Unclaimed Money. How much is owed to you?
FOR IMMEDIATE RELEASE
$25 Billion in Unclaimed Money. How much is owed to you?
Santa Ana, CA — November 22, 2005 – It is reported that 8 out of 9 people have unclaimed money. The nationwide total of unclaimed money is estimated as high as $25 billion dollars owed to 1 billion people! Chances are you or someone in your immediate family has money waiting to be claimed.
Have you ever put a deposit down for a gas or electric account? Moved and forgot about the deposit? The money is yours, but now the electric company doesn’t know where to send it. The money is placed in state’s treasury department fund for unclaimed property. This is one of hundreds of places missing money may come from.
The most common types of Unclaimed Property are:
· Savings/checking accounts, safe deposit box contents
· Stocks, mutual funds, bonds, dividends
· Uncashed cashier’s checks/money orders
· IRS refunds
· Wages, child support payments
· Matured or terminated insurance policies
· Estates
· Trust funds, escrow accounts
· The list goes on…
There are 2 ways to search for your unclaimed money:
Option One: search 50 state and 90 federal databases trying all possible name variations (William Smith may be listed as W. Smith or Bill Smith). The government has not created a single database to search for unclaimed money.
Even if you have only lived in one state you may have money in other states databases. An insurance company in New York that owed you money on a policy may place the unclaimed money in the state of New York’s database.
Option Two: Utilize an all in one database. Searching in a quality, single source database will search all 54 databases, all possible name variations and provide you with the instructions and forms for submitting a claim once you have found money.
The reason the amount of unclaimed money is growing billions year after year is people are not searching to see if any is owed to them. It may be money you forgot about or it may be an inheritance you never knew existed. You never know until you look. A simple search may mean a check in your mailbox.
Cashunclaimed.com is the largest unclaimed money database, including all state and federal databases. CashUnclaimed.com was founded to assist owners in easily locating and claiming their lost funds. The site offers more information on unclaimed money and free unclaimed money search at https://www.cashunlclaimed.com .
Contact Nicole Anderson at 714-277-3040 extension 707 for an interview or any media questions. Or contact her by email at: PR(at)CashUnclaimed.com
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