October 19th, 2009
Yesterday the Los Angeles Times reported on almost $17 Billion in certificates (war bonds) that have not been cashed in. Reportedly six states are suing the Treasury Department saying that the states should get the money and try to at least attempt to find the bondholders and their descendants.
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October 19th, 2009
US treasury faces bonds lawsuit
The US treasury issued the ‘war’ bonds – which have a 40-year maturity period – until 1980
The US federal government is facing a lawsuit over $16bn in unclaimed bonds going back as far as World War II, with six states arguing that the US treasury department should pay them out.
Thousands of families bought at least one bond from the federal government during the US campaign against the Axis powers between 1941 and 1945, in order to support the war effort.
Many of those bonds, which were sold after a public campaign saying the money would aid the war effort, were never cashed – due, in part, to them having a 40-year maturity period.
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US treasury faces bonds lawsuit(486 words, estimated 1:57 mins reading time)
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October 18th, 2009
The very thought of searching for an easy, quick way to come up with more cash can be daunting. There are a ton of scams and cheats out there with their traps who will do nothing but take your money and run, leaving you in worse financial ruin than where you’ve started. But the fact is that, you’ve just been looking in the wrong place all this time.
Free Unclaimed Money Search
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s Unclaimed Property Waiting for You?(454 words, estimated 1:49 mins reading time)
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