Why Wisconsin is Still Struggling to Place Lost Cash
Wisconsin may know all about cheese, but the Midwestern state has a lot to learn about lost cash. Every year the state’s treasury is in receivership of millions of dollars that rightfully belongs to residents of the state, and some funds are even owned by people who have recently moved out of state. So far this money has simply been building with no outlet to be seen. Treasurers know what to do with the money; they need to return it to the rightful owners and stat, before the problem gets too out of control. Instead of returning the money, however, treasurers have so far let the money sit.
Now you might be wondering, why on earth would anyone just sit there and let lost cash also just sit there? Well there are actually several reasons for this. One, the State that the money was misplaced with could be earning interest off of the account it is being held in and in some cases you are even entitled to the interest that was earned off your percentage of the money that was in the account. Second, the State you left lost cash in could simply not have enough people on there treasury board to take the time and track down the actual owners of this so called “lost cash”. This happens more often then not, especially when the state has tried in the past to locate and track down the actual owners.
If you live in Wisconsin or if you used to live there and you think Wisconsin lost cash may be owed to you, you only have to take one single step to get that money back.
Searching for Lost Cash
Lost cash in Wisconsin is easy to find with a first and last name and an email address; once you visit the home of Cash Unclaimed. This massive online database is not only easy to use, but the results are instant. If you have lost cash in Washington, no matter where that money originated, you will find out how much, where it’s from and how to regain it now that it’s found.
While you are searching for Wisconsin lost cash, you may find yourself overcome with curiosity as to where the money did indeed come from. This is the same problem Wisconsin state treasurers are facing. Every day people just like you move away from home and leave bank accounts, returnable deposits and even paychecks behind. Some people keep money in stock accounts and never cash out and much of the money originated as property that was held in security deposit boxes and old storage units until the items were liquidated and converted into cold hard cash.
Some of the money comes from even simpler things like pads for old utility or escrow accounts, or even money back on an old renters or car insurance policy. You could have an inheritance of property of old jewelry or maybe even an old antique coin or card collection. It might even be a car or a boat or maybe even a small or large piece of land. This land could be commercial or private but the point is that you will never even know until you take a few minutes and actually look. A lot of people don’t even take the few minutes to conduct a free online search, simply because they think they can’t afford it, or there would be no way they could have lost funds coming to them or out there under their name somewhere.
Now that you know more ways this money comes to be declared lost in the first place, you might now realize that there could quite possibly be money out there somewhere, under your name. So whether you paid too much in taxes or you have an old job that still owes you a couple weeks’ pay, it’s time to visit Cash Unclaimed to help the treasurers and yourself as you recoup all the lost cash in Wisconsin that may be owed to you.
