Unclaimed money can be claimed from owners who might be deceased relatives. According to unclaimed money laws and a recent statement from the U.S. Supreme Court (Texas vs. New Jersey, 379 US 674, 1965), the unclaimed property is returned to the state of the property owner's last known address. ... Views: 14262
Lost escrow amounts are one of the largest sources contributing to the unclaimed money piles. Escrow is generally an amount deposited with the third party when an agreement takes place between the two parties. The third party keeps the amount separate, assuring both the parties involved in the ... Views: 3101
Finding ancestor’s lost money can be a great way to make some extra cash this year. The current economy is dealing with numerous problems and among them the problem of lost money or unclaimed property is the biggest one. The pile of unclaimed assets with the state and federal agencies are ... Views: 2878
Unclaimed bank accounts make up for the majority of unclaimed money in the United States. There are several banks in United States that has been holding millions of dollars in unclaimed money for years and it is increasing. The accounts that have been dormant for years are not just checking and ... Views: 1482
Millions of dollars is left behind every year in unclaimed safety deposit boxes; that money remains with the government. In every annual audit, banks give the content of safe deposit to the government after a specific period of time. The reason the content of safety deposit escheated to the ... Views: 1388
The realistic concept of unclaimed assets or money was considered a fake concept in the U.S., as the citizens did not believe that not believe that lost money could be recovered easily. It is due to the continuous efforts of the government agencies to find unclaimed money owners, which assisted ... Views: 1234
Unclaimed lottery money can make millionaires overnight. The biggest contributor to the lost money fund is unclaimed lottery money, which has ballooned to 1 billion dollars. In the United States, thousands of people spend millions of dollars purchasing lottery tickets on the off chance that they ... Views: 1189
The issue of unclaimed money is a serious problem that has to be dealt with serious care. The states, over the years, have introduced several new means to assist and encourage people in claiming what is supposed to be their own.
One of the much talked about moves that benefited people much was ... Views: 1130
Unclaimed money has increased at an alarming pace in the federal and state government accounts. This unclaimed money comes from people’s dormant saving account, insurance policies, unclaimed ITR, unclaimed safety deposit accounts, certificate of deposit, unclaimed mutual funds, bonds and shares, ... Views: 1129
Finding unclaimed money while sitting at home is as easy as ordering a pizza on the phone. The only thing that people have to do is search for government websites that provide access to unclaimed money data. In the United States, seven out of ten individuals have some unclaimed funds worth an ... Views: 1095
Millions of dollars in unclaimed property resides with the California government. Californians would be stunned to realize that there are millions of unused dollars in their government’s treasury account. Incidentally, the surprise does not end there, as every year, the government of California ... Views: 1044
Huge amounts of unclaimed money are mounting in United State reserves. It may be surprising, but it is true that there are several unclaimed funds owners in the USA who are not aware about it, let alone claiming it. Considering these problems, the state and federal governments have started ... Views: 979
Searching for unclaimed money has been made easier with the popularity of the Internet. There are many different ways to search for lost money; some being free and some for a small fee. If an owner thinks that his unclaimed money is not more than few hundred dollars then he must search websites ... Views: 974
Unclaimed money is increasing, and causing alarm for many state and federal officials. Going by the recent reports published by government and federal agencies, the pile of unclaimed money with the various states is increasing at an alarming pace and is estimated to be in billions of dollars. ... Views: 957
One of the popular issues that the U.S. Government is dealing with is the issue of unclaimed money. Unclaimed money is a much bigger problem for the state agencies who are managing the growing pile of this useless finance, which is of no use for the state as they cannot use this amount without ... Views: 949
Unclaimed money is definitely real. Money, or any type of property, can become unclaimed or abandoned in many ways. Some may have forgot about their bank accounts due to sudden change in address or change in employment. People often tend to lose track of their earnings when situations like ... Views: 876
Most state governments throughout the United States are facing a major problem of the large amounts of lost property they are holding on to. The Federal Government has created effective regulations and laws for public interest that enable one to have a prompt process of identifying and ... Views: 869
The IRS is holding billions in unclaimed tax refunds, which belong to thousands of Americans. This year’s report of Income Revenue Service (IRS) suggests that the unclaimed IRS money has reached billions, waiting to be claimed by millions of tax payers across the states. All those people who are ... Views: 855
The problem of unclaimed money has become a menace for all the states across the U.S. The pile is now unmanageable. Most of the U.S. citizens are unaware of the fact that they have property located in more than one state are still waiting for their rightful owners. The state agencies are now ... Views: 846
Unclaimed funds are increasing at an exponential rate in the federal and state government accounts. This money comes from unused saving accounts, safety deposit accounts, mutual funds, money orders or un-cashed cashier’s checks, escrow accounts, un-cashed royalty payments, unclaimed ITR and ... Views: 835
Unclaimed money is definitely real. Money, or any type of property, can become unclaimed or abandoned in many ways. Some may have forgot about their bank accounts due to sudden change in address or change in employment. People often tend to lose track of their earnings when situations like ... Views: 834
Finding missing money can help increase finances. If you are looking forward to increase your personal finances, then there is no option better than finding missing money. Thanks to the various efforts on the parts of the U.S. government like mass campaigning, online website launches etc., more ... Views: 833
Unclaimed lottery wins have become a large source of unclaimed money sitting with the state treasuries. It is unbelievable that lottery winnings and jackpots can go unclaimed, but the fact is, every year dozens of hefty jackpots are left unclaimed. Unclaimed lottery winnings have been on the ... Views: 811
There is currently millions of dollars in the USA in unclaimed money. Unclaimed property or money is the property or funds that are lying idle for more than a specific period of time, as the bank or state treasurers do not have any information about the real owner. As per the law in United ... Views: 808
Most city, state, and federal governments are holding on to millions in unclaimed money. The city government of Pasadena holds an additional $250,000 in unclaimed money for more than 1,400 people that will remain with them if people do not come forward and claim it.
The local government of ... Views: 790
Currently, there is more than $50 billion sitting in the government’s bank accounts as an unclaimed fund, which government owes to 70% families in the United States. If this is the case then there are chances that the most people in the United States are the owners of some kind of unclaimed ... Views: 790
Finding unclaimed cash has become very easy than earlier, when searching for lost money was a next to impossible task. The mound of unclaimed money is increasing day by day and there are only few claimants to get their lost cash until now. Though the state and federal authorities have taken ... Views: 780
There is money worth millions f dollars lying in government accounts as missing money. This money is going to be with the government until the rightful owner comes to claim it. As per government estimate, around 70% families of the United States are entitled to get some or other kind of lost ... Views: 775
Unclaimed money is piling up in government account day by day and it has reached up to a huge proportion. The issue of unclaimed money has become a major concern for the state treasury departments. Due to the huge amount unused sitting in the accounts of state and federal treasuries, the ... Views: 772
Lost money is a great way to increase finances. The state treasuries believe that one in every ten of the people in the states have lost money or property scattered in different parts of the state. Most of these are in the form of idle accounts that are still waiting with the bank for their real ... Views: 770
Finding unclaimed money can help reduce debt. Debt is a major concern in the United States, both for the individuals and the state governments. If you too are looking for some extra money to knock out your debt, then there is no better option than unclaimed money.
You will be surprised to know ... Views: 766
Considering the lack of confidence in unclaimed money searches within the public, it can be emphatically said that the unclaimed money can be searched and retrieved quite effortlessly. After years of awareness campaigning from the government, there is now a certain level of curiosity in the ... Views: 762
Lost money is creating a new craze among the government; the unclaimed money piles are constantly growing, and the number of claims is not keeping up with the rise. In a data collected by the National Association of Unclaimed Property Administrators, it is estimated that around $33 billion is ... Views: 761
Unclaimed money has become a household thing. If recent estimates are to be believed, then 9 out of 10 people in North America have some amount of unclaimed money lying somewhere. Given this figure and the fact that on an average about $700 can be received as unclaimed funds, you may be entitled ... Views: 760
Unclaimed property has been a problem every state in the U.S. is facing. There are several modern world problems that our current economy is dealing with and one of the more severe problems is the case with lost money. Like other states in the United States, Texas is also facing similar problem ... Views: 757
Unclaimed money sounds too good to be true. People living in the U.S. were amazed when they were introduced to the concept of unclaimed money because the subject seems to be quite unrealistic. Adding to the astonishment of the people, most were actually unaware of the fact that they might be ... Views: 747
2011 turned out to be a great year for unclaimed money returns. The credit for this success goes to the enormous amount of effort and resources that were put towards the awareness programs of unclaimed property and money by various agencies. Although the statistics coming from published reports ... Views: 741
The problem of unclaimed state money is not a new concept to the U.S. economy as the state has been facing the problem for years. States, along with the federal agencies, are trying their best to locate the rightful owners and make them claim what is rightfully theirs. After a lot of efforts ... Views: 739
The state governments are utilizing many different resources to create awareness about unclaimed money. The states now are claiming that, because of the repeated efforts of the state agencies, the pile of unclaimed money has decreased to a great extent. However, the truth is that the growth rate ... Views: 738
Every state is making returning unclaimed money a top priority. Every state in United States has an unclaimed property department, where all uncashed checks, dormant account, insurance revenue, and other unclaimed monies go. Unclaimed money happens because the money, or other things, that are ... Views: 729
Unclaimed assets have become a major issue among all state governments. Unclaimed money or properties refer to the company or the accounts that are under the jurisdiction of the state or any financial institution that do not have any financial activity for the past one year or more.
The ... Views: 719
Looking for ways to make fast, quick, but free money? Use the available resources and get informant about the possibility of a large chunk of unclaimed money that could be lying with the federal agencies of your state, in your name. Governments, more responsible and efficient in recent times, ... Views: 718
The problem of missing money has topped most state government’s priority charts. Millions of unclaimed money is lying idly on the government’s account, a share of which may belong to many Americans. There are chances that this missing money may be derived from dormant account or from a lineage ... Views: 715
Searching for unclaimed money in the USA, one of the biggest countries in the world almost sounds impossible. Many federal agencies in coordination with the state governments have created tools to aid owners of lost money; with the help of those an owner of unclaimed cash can easily find its ... Views: 708
The problem of unclaimed money isn’t a brand new one for the government of the U.S. The United States is a major in providing employment and business opportunities to a large number and variety of people throughout the world. This is the reason that it experiences a record number of migrant ... Views: 705
Louisiana is often one of the states holding large amounts of unclaimed property that goes unrecognized. The law related to unclaimed property in Louisiana was passed in the year 1972, which was revised again in the year 1981. As per this law, people who have lost their property in any part of ... Views: 704
For every 10 people, seven are eligible for unclaimed money in the U.S. With the initiatives of the government, most people are aware of unclaimed money in the U.S, and are trying their best to increase their income with unclaimed assets. Even after the several efforts of both state and federal ... Views: 703
Finding unclaimed IRS money of 2008 is a great way to increase funds. If you are also among those who are, yet to file their income tax return for the year 2008, then it’s time that you file the return or else you could be missing out on some serious cash. According to recent reports the ... Views: 692
The lack of unclaimed money searches have been a much bigger problem than unclaimed money itself. Most of us are still unaware of the best possible means by which we can locate lost money in a particular state. We should be aware of the certain common sources that lead to the accumulation of ... Views: 688
Unclaimed money is still an issue among the government. After so many efforts and programs held for getting rid of unclaimed money lying with the state governments, the issue is still a major concern. This is due to the slow turnover of people to the unclaimed money offices situated in the ... Views: 675