Are You Owed Interest On Unclaimed Property?
Many Americans are surprised to find that they are paying unclaimed property interest on property that they didn’t even know they owned. Confused yet? So are these individuals who are just now finding out how enormous the unclaimed property conundrum is in this country. Unlike finding buried treasure, you actually have to pay interest for how the property was serviced while it was not in your possession.
Your interest on unclaimed property may not be much or it could be substantial, this is what the average person who happens to find unclaimed property is experiencing. This unclaimed property ranges from the contents of safe deposit boxes to entire estates that have been bequeathed to no one. Imagine finding out that you have a long lost uncle who just passed away and left you everything, and that you’re now paying unclaimed property interest on all that loot. Ouch.
No one likes paying interest, especially when that unclaimed property interest is on items that a person is completely oblivious to. In some cases, the person knows the property exists, but they assumed the property was lost some time ago. This is a very expensive problem that needs to be contended with if we are going to alleviate this problem for good.
Keeping Your Interest on Unclaimed Property As Low As Possible
To keep your interest on unclaimed property to a bare minimum, use the Cash Unclaimed database. It’s completely free and it only takes a moment. Just enter a first and last name into the search box and press submit. Instantly you’ll be whisked away to a results page that will show you how much property you might be paying interest on. The results page won’t show you your interest on unclaimed property, but you’ll instantly know if your interest is a small problem or a huge headache that needs to be dealt with.
Treasurers around the country are urging all citizens to stop paying unclaimed property interest. It only takes a moment to search the Cash Unclaimed database and the property might be worth hundreds, thousands or much more.
To calculate your interest on unclaimed property, and to see what the treasury may have been keeping from you all these years, visit the Cash Unclaimed database page. With a search so simple, there should be no excuses for anyone to have to pay unclaimed property interest ever again.
