Unclaimed Property Blog

Treasurers across the country are now focusing on unclaimed child support as another source of funds that desperately need to be returned to the rightful owners. If you have been ordered to pay child support or if you have paid support at any time in the past, you might have contributed to the 2014 unclaimed child support problem. If you have ever received child support for little ones that you are – or were – in charge of, you may also have contributed to the problem. Both parties are encouraged to visit a nationwide database called Cash Unclaimed to find and claim unclaimed child support that may be owed to them.

Since its inception, the child support system has continued to provide money and support to children who might otherwise not have it; and in doing so the system has helped millions of families around the country find stability and a better quality of life. Unfortunately, even with all the safeguards and checks and balances in place, many child support payments fail to reach the intended recipients. The sad reality of that statement is that some families are doing without their much needed assistance. The silver lining is that this money can now be found and claimed by the families in need. To recover your unclaimed child support funds, you only have to visit a single online database called Cash Unclaimed.

Unclaimed money has many sources, but one of the saddest is the instance of unclaimed child support. Every year millions of dollars are collected by treasury offices all across the country in the form of unclaimed child support; and that means that there are potentially hundreds of thousands of kids out there without the money they need for food, clothes and shelter. To help the treasury offices track down unclaimed child support and to potentially find any funds that may be in your name, you are encouraged to use a massive database called Cash Unclaimed.

Unclaimed Child Support – How It Goes Missing

Many parents are forced to pay child support and it would be nice if that money actually went directly to the child. Unfortunately, this is not usually how this ends up working out. When a court passes judgment on a defendant in a child support case, that money has to be paid to the court first and then it goes to the care giving parent. Sometimes that money never quite reaches the parent and it ends up becoming unclaimed funds that the state just holds onto. It isn’t until the rightful owner comes forward to claim these unclaimed child support funds that the money can be released.