Michigan Experiences High Turnout in Returning Unclaimed Money
Michigan State is taking to returning of unclaimed money on war footing. The Michigan State Treasurer is the administrator of the Uniform Unclaimed Property Act that came into existence on Mar 28, 1996. Since then, the state has left no stone unturned to handover the unclaimed property to the rightful owner. This act concerning unclaimed property provides for the reporting and disposition of unclaimed property, held by any agency or holder.
If you hold any unclaimed property in your name, then the Unclaimed Property Division of the Michigan Department of Treasury is the place where you could get to know about it. Understanding this, a large number of Michigan citizens are coming forward to claim unclaimed money.
You May Be the Owner
Any person who ever lived in Michigan is likely to have unclaimed cash in their name. This may be resulting form bank accounts, insurance policies, stocks, paychecks and other deposits that were left inoperative or are totally forgotten.
Many times, marriage break up, misspelled names, bankrupt businesses, dissolved banks, unexpected migration or job relocation, relocation, etc., cause thousands of checks to go undelivered to the right person. Death also leaves many properties without any legal claimant. Such unclaimed money remains in the custody of the Michigan State Treasurer until the authorized owner turns up to claim it.
The state government is happy to inform that people are coming out in high turnout, in response to the state’s program, to spread awareness about and return unclaimed cash to its populace. People are also finding it easy to carry out online search through the websites like www.cashunclaimed.com .
