Unclaimed Property Blog

In a recent report related to the unclaimed money problems in the country, it was mentioned that almost 90% of the U.S. families have somebody who has failed to reclaim their lost funds or assets. The governors and the governing body of larger states like California and New York are mulling to utilize the unclaimed funds for state development programs.

Every state and household is contributing to the unclaimed money pile in a big way. In almost nine out ten American extended families, there is at least one person who has missed out on their hard earned money. New batches of unclaimed funds are added at a rapid pace, swelling the unclaimed money databases to an alarming level.

Aside from other states, like California and New York have an unclaimed money vault of almost $16 billion. Other states are also not far behind, and have reported unclaimed funds addition to their treasuries at a furious pace. In addition to the states, public utility companies and financial institutions like banks and insurance companies, are disclosing large volumes of unclaimed bank balances waiting to be claimed.

Everyday, millions of unclaimed monies find their way to the state treasuries. Causing missing money a great cause for concern for everybody in charge of the state treasuries. Most of the state treasuries are experiencing huge piles of unclaimed funds which continues to grow with each passing day. While federal and state agencies are trying their best to unite the owners of these unclaimed funds with their rightful money, the success rate has left much to be desired.

Do you think you have missing money tucked away somewhere but don’t know how to find it. Or even if you don’t think there could be anything, would you like to find a free and easy approach to making sure you don’ have missing money you don’t know about. An unclaimed money search can help you do that.

Missing money at Cashunclaimed.com is a nationwide database containing records of unclaimed property. This includes bank accounts and the contents of safe deposit boxes, utility deposits, insurance policies, trust funds, bonds, mutual funds, stocks, uncashed checks (wages and dividends) and so on. Any or all of these and other categories of missing money could apply to you and unless you make the effort to search for money that may be due to you, you will never know.