2010 Brings About Wave of Claiming Unclaimed Money
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.
Various state governments have been sending personal memos, doing phone calls and publishing lists in local newspapers to make people aware about unclaimed cash lying in their name. Many states have launched camps and outreach programs to spread awareness among its citizens and assist them in getting back what they rightfully owe. These efforts are bearing fruits and the first half of 2010 has shown some encouraging response from Americans.
Great American Response
More and more Americans are resorting to various means to find out more about unclaimed cash in their name. More people are widening their search to other states where they have resided, even for a shorter period of time. Searches are also carried out for family members, co-workers and relatives.
Women are searching and claiming forgotten amounts that were lying in their maiden name. People are also searching for ancestral property to which they may be the legal heir. The new wave of heartening response has pumped up authorities to relentlessly pursue unclaimed cash returns.
This great American response is largely owed to the websites like www.cashunclaimed.com, that makes online search an easier and preferred option. This website combines the databases of all the American states. Users can access the website, insert their names and within minutes can find out whether they own any unclaimed cash. Authorities hope to further the wave in the second half of 2010 as well.
