Unclaimed Property Blog

The California state treasury is facing a massive problem: It’s holding onto six billion dollars in excess money with no rightful owners in sight. That may seem like a great problem to have, but the ‘finders keepers, losers weepers’ clause unfortunately doesn’t apply to US monetary funds. The owners of those funds must be located or else the money will just sit there. And since six billion dollars lying dormant for years could be detrimental to the economy, it’s clear something must be done. The good news is that a solution has been proposed and put into place. The name of this solution is Cash Unclaimed and it just might help California out of its unclaimed property conundrum.

Everyday millions of people purchase lottery tickets in New Jersey. These hopeful men and women stand in line at grocery and convenience stores with their dollars in hand hoping that they’ll have a chance to win a mega-jackpot that will see them set for life. As they say, you won’t win if you don’t play. If you are included with the New Jersey lottery playing group and you’ve ever won a jackpot, you may have left some of your winnings behind in your mad rush to go on a much needed vacation! This is in fact a growing epidemic called unclaimed lottery funds. If you suspect that you may have been shorted by the lottery commission, there is a new and easy way to find out.

Every year on April 15^th, Americans across the country are supposed to file their tax returns with the Internal Revenue Service. Some people expect to get money back from the IRS in the form of a tax refund; but it’s not uncommon for some of that money to go missing. Tax forms are filled out incorrectly all the time and IRS agents are only human after all. Call it an accounting error on the behalf of the filer or a mistake on the behalf of the IRS; that money still ends up in limbo. And most filers don’t even realize that they have unclaimed IRS money being held in their name. The state Federal Treasury department is responsible for holding your unclaimed IRS money, if that money does indeed exist. If you think there is a chance that the IRS may have held money back from you, you are encouraged to visit Cash Unclaimed, a nationwide database that specializes in helping Americans everywhere recoup the money that’s owed to them.

Insurance is one of those life necessities that helps you pay for damages whenever life hands disaster your way. If your home burns down, homeowners insurance can help you rebuild. Insurance can also help you pay your medical bills and recover lost wages in the case of serious injury. With wrongful death claims, a victim’s family can receive money to pay for funeral and other costs related to the accident. Whatever the case, insurance money often comes in handy; but it also commonly gets lost. That means right now, you might have unclaimed insurance money owed to you. Are you curious? If so, keep reading to find out how to claim your unclaimed insurance money.

Pennsylvania lost funds are once more in the news as the problem continues to grow out of control. State treasurers have been battling the lost funds issue for years, and analysts are hard-pressed to find a solution. With checks and bonds and even bank accounts rolling into the treasury at alarming rates, treasurers are trying everything to curb the influx of money and to bring awareness to the hardworking men and women of Pennsylvania who the money rightfully belongs to. With $1.9 billion unaccounted for, state treasurers would love nothing more than to return all that money and return the unclaimed funds balance to a more respectable and manageable level. If you would like to find lost funds in Pennsylvania and you don’t want to involve the phone or snail mail, you’ll be glad to know that you can use the Internet and you can do it from anywhere and at any time.