Indiana State Officials Take Major Role in Returning Unclaimed Money
Indiana state officials are trying their best in reuniting the owners with their lost properties that are scattered in different parts of the states. As per the state treasuries, Indiana unclaimed money scattered in different region comes to be in the millions.
The officials have taken initiatives to assist the claimants in preparing a database compiling all the information related to lost property of the region at one place. A claimant can use this database to conduct free searches related to Indiana unclaimed property. All he or she has to do to find their unclaimed money or property is provide information in the space provided.
The state officials recommend the claimant to try different combinations of their name so that better results can be obtained. This website also assists the claimant in getting informed about the correct procedure of claiming his or her property back and also downloading the form from the website itself.
The Attorney General of the state also publishes names of the lost property owners and their last known address in the state newspaper, as per the known address in the records. It is also because of the efforts of the Attorney General that state fairs organized for Indiana unclaimed funds offer assistance to people on a walkâin basis. These state fairs have become a grand success as it saves a lot of time that is wasted in the long application procedure.
The officials even send notices about claiming the lost property on the last known address. It is because of the repeated efforts of the state officials that about $1 billion of the lost money has already been returned back to the rightful owners. Officials assure the safety of the lost property of the owners because as per the state law, after a specified period the ownership of the property is transferred to the state treasury from the financial institutions. Indiana state officials feel that these initiatives will help them in curbing the problem of lost money.
