Unclaimed Property Blog

U.S. state governments have been hard pressing to return unclaimed cash and property to its rightful owners. Today, the amount has reached gigantic proportions and a prime example of this occurrence is the Wisconsin State.

It has been estimated that the Wisconsin state treasurer is sitting over $145 million of unclaimed cash and property that legally belongs to its citizens, but most of them are unaware of it. Wisconsin State has been instrumentally spreading information about the cause and has been trying its best to inform the individuals by sending memos and messages.

California tops the chart in unclaimed money laying with the state treasurer. The state is trying its best to get the unclaimed cash to the rightful owners. To reach the owners individually, California government is sending more than 9,000 memos this week. Week after week the reminders are being sent to the businesses as well as individuals to inform them about any unclaimed cash or property in their name.

The state’s coffers are getting filled with Unclaimed Property Program that receives unclaimed checks from various banks, insurance companies, utility services, employers, etc. Any financial instrument, if unrealized for more than three years, is categorized as unclaimed money.

Is there Nebraska unclaimed money? As the fuzz about unclaimed cash and properties infest the media, the number of states publicizing their records also grows in existence. Recently, states like Texas, Montana and Missouri have announced their interest in giving back unclaimed properties to their people. For all Nebraska residents, here lies good news especially for those aching to dig buried treasures in various state agencies. The NE State Treasurer, Shane Osborn, will now take over the National Association of Unclaimed Property Administrations (NAUPA).

Is it possible there are millions in Nevada unclaimed tax refunds? Little did we know it is in the law that the Internal Revenue gives out tax refunds to the people. Each year, hundreds of thousands worth of dollars are left unreturned by the state and unclaimed tax refunds are just one of the many forms of unclaimed cash in America.

Actually, the whole of United States have been stunned by the news of unreturned and unclaimed money kept by the state’s treasury. Around $400 million worth of cash and properties were collected for proper return in the said state. Texas, Missouri and Montana rise up on the list as well with over a half-a-billion dollars worth of money. And as for Nevada, huge amounts of tax refund accounts were uncovered and set for return anytime by the government.

Is there secret unclaimed money in Montana? Perhaps everybody is metaphorically thankful that the economy is in a bad shape now; if not, millions of unclaimed money and properties would not be discovered.

The fuzz about these dormant assets has recently proliferated all over the news. Whether it’s online or broadcast and print, the states are calling out for possible owners of unclaimed cash in their records. In the United States of America, at least 400 billion dollars were found kept by the government.

Good news for residents of New Hampshire as the State’s government announces their interest in returning hundreds of thousands worth of unclaimed cash and property kept by the treasury. Actually, the whole of America was surprised by the chain of statements publicized by various states calling the attention of their ‘forgetful’ citizens about these properties kept untouched and unreturned for years or even decades.

The heat of recession has left no country unaffected. However, in these tough times, there is some sort of solace to those folks who are associated with California in the present or in the past. Millions of dollars are waiting in the treasuries of California waiting to be claimed by their rightful owners. There are many who have conducted California missing money search and found thousands of dollars that they did not know belonged to them.

The whole thing may seem implausible. You might be wondering how such a thing is possible. This is a little-known concept to most Canadians, but is very real and is growing steadily every year.

Press Release: Unclaimed Money is Being Given Out by State of Wisconsin

Each year millions of dollars in dormant or lost accounts go unclaimed in Maryland. If you know anyone who has ever moved or died, the state may be holding unclaimed cash, lost securities, bonds, refunds, insurance claims, deposits, jewelry or coins.

In addition to money and securities, the state’s holdings include tangible property such as watches, jewelry, coins, currency, stamps, historical items and other miscellaneous articles.

After certain kinds of assets have been dormant for three years or more (depending on which type), they are considered “unclaimed funds”, and the insurance company, financial institution, or corporation holding them has to turn them over to the State Comptroller’s Office.

If you have ever lived in Florida, there’s a chance for you to earn the unclaimed property. You have the right to claim your property at any time at no cost.

Welcome to the Great Florida Treasure Hunt.

Unclaimed Money and unclaimed property searches are conducted by most Americans on an annual, if not biannual, basis. Currently, the Department of Financial Services of Florida holds unclaimed property accounts of more than $1 billion value, mostly from latent accounts in financial institutions, insurance and utility companies, securities and trust holdings.