Arizona
If you're living in Arizona or at some time in your life lived and worked there
before, there is a great chance you are entitled to the $400 million in
unclaimed property the state Treasury Department
is holding. Even if you haven't been there before, an Arizona-based company may
have turned-over to the
government lost funds
belonging to you. Depending on the type of property, there is a dormancy period
of usually 3 years for lost assets to be claimed before they are by law handed
over to the government.
Lost
financial assets include securities, cash or
property like bank accounts, credits, and payroll checks. Contents of safety
deposit boxes are can also considered unclaimed property if their owners can't
be contacted after the dormancy period. The
Arizona
Treasury Department sells contents of safety deposit boxes
in annual auctions if their owners don't claim them after 3 years. The proceeds
are then held by the state as unclaimed money. A $100,000 trust fund from the
unclaimed money is maintained by the State of Arizona
and the excess is transferred to the state's General Fund.
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July 19th, 2008
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Unclaimed Money |
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The
government in Alabama right now has $373 million in
unclaimed money and some of that might belong to
you! That's right. Unclaimed money and property come can come from different
sources- forgotten bank accounts, uncashed checks, unused gift certificates and
such. After a certain period of time, these lost assets are are required by law
to be turned-over to government until their rightful owners come to claim them.
In 2007, a record $23 million was returned by the
Alabama unclaimed money office.
The large amount of unclaimed funds returned can be credited to the state's
programs which try to increase public awareness about the
unclaimed property. Lists of people's
names are posted in public and special booths are set-up in areas like state
fairs and shopping malls which provide free search aid to possible owners of
unclaimed property.
According to experts,
70% of Americans are owed unclaimed property
by the U.S. Government and there is nearly $40 in unclaimed property.
-
more…
June 28th, 2008
Posted by
admin |
Unclaimed Money |
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California
Good news for Californians! Over $400 million are ordered by a judge to be paid
to the owners of
unclaimed money which was in the hands of the California
Treasury Department. According to a news report
in San Francisco Chronicle, ?The ruling is the second major blow to the state
this year over how it has handled more than $5 billion in the unclaimed property
account - enough money to cover the cost of the California's 109-campus
community college system.?
The U.S. Government is holding-on to an estimated amount in the neighborhood of
$40 billion in unclaimed assets.
Imagine how much interest that generates per year! Yup, hundreds of millions. In
the Golden State alone, there is around $5 billion in unclaimed money and there
were reportedly instances where the state failed to include the interest on
successfully returned assets. This adds to the negative rulings plaguing the
unclaimed property division of the state's Treasury
Department. A federal court earlier this year
found that the state failed to notify some owners of lost assets properly before
seizing them. This resulted in a federal court ordering a cease in the seizure
of
unclaimed property by the state
until new laws were passed ensuring proper attempts to notify the owners of
such. The ban was lifted just recently.
-
Alexi Giannoulias - Illinois State Treasurer
June 24th, 2008
Posted by
admin |
Unclaimed Money |
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California
Good news for Californians! Over $400 million are ordered by a judge to be paid
to the owners of
unclaimed money which was in the hands of the California
Treasury Department. According to a news report
in San Francisco Chronicle, ?The ruling is the second major blow to the state
this year over how it has handled more than $5 billion in the unclaimed property
account - enough money to cover the cost of the California's 109-campus
community college system.?
The U.S. Government is holding-on to an estimated amount in the neighborhood of
$40 billion in unclaimed assets.
Imagine how much interest that generates per year! Yup, hundreds of millions. In
the Golden State alone, there is around $5 billion in unclaimed money and there
were reportedly instances where the state failed to include the interest on
successfully returned assets. This adds to the negative rulings plaguing the
unclaimed property division of the state's Treasury
Department. A federal court earlier this year
found that the state failed to notify some owners of lost assets properly before
seizing them. This resulted in a federal court ordering a cease in the seizure
of
unclaimed property by the state
until new laws were passed ensuring proper attempts to notify the owners of
such. The ban was lifted just recently.
-
Connecticut State Treasury Unclaimed Property Owners List
June 17th, 2008
Posted by
admin |
Unclaimed Money |
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The
government in Alabama right now has $373 million in
unclaimed money and some of that might belong to
you! That's right. Unclaimed money and property come can come from different
sources- forgotten bank accounts, uncashed checks, unused gift certificates and
such. After a certain period of time, these lost assets are are required by law
to be turned-over to government until their rightful owners come to claim them.
In 2007, a record $23 million was returned by the
Alabama unclaimed money office.
The large amount of unclaimed funds returned can be credited to the state's
programs which try to increase public awareness about the
unclaimed property. Lists of people's
names are posted in public and special booths are set-up in areas like state
fairs and shopping malls which provide free search aid to possible owners of
unclaimed property.
According to experts,
70% of Americans are owed unclaimed property
by the U.S. Government and there is nearly $40 in unclaimed property.
-
more…
June 3rd, 2008
Posted by
admin |
Unclaimed Money |
no comments
California
Good news for Californians! Over $400 million are ordered by a judge to be paid
to the owners of
unclaimed money which was in the hands of the California
Treasury Department. According to a news report
in San Francisco Chronicle, ?The ruling is the second major blow to the state
this year over how it has handled more than $5 billion in the unclaimed property
account - enough money to cover the cost of the California's 109-campus
community college system.?
The U.S. Government is holding-on to an estimated amount in the neighborhood of
$40 billion in unclaimed assets.
Imagine how much interest that generates per year! Yup, hundreds of millions. In
the Golden State alone, there is around $5 billion in unclaimed money and there
were reportedly instances where the state failed to include the interest on
successfully returned assets. This adds to the negative rulings plaguing the
unclaimed property division of the state's Treasury
Department. A federal court earlier this year
found that the state failed to notify some owners of lost assets properly before
seizing them. This resulted in a federal court ordering a cease in the seizure
of
unclaimed property by the state
until new laws were passed ensuring proper attempts to notify the owners of
such. The ban was lifted just recently.
-
more…
May 30th, 2008
Posted by
admin |
Unclaimed Money |
no comments
The
government in Alabama right now has $373 million in
unclaimed money and some of that might belong to
you! That's right. Unclaimed money and property come can come from different
sources- forgotten bank accounts, uncashed checks, unused gift certificates and
such. After a certain period of time, these lost assets are are required by law
to be turned-over to government until their rightful owners come to claim them.
In 2007, a record $23 million was returned by the
Alabama unclaimed money office.
The large amount of unclaimed funds returned can be credited to the state's
programs which try to increase public awareness about the
unclaimed property. Lists of people's
names are posted in public and special booths are set-up in areas like state
fairs and shopping malls which provide free search aid to possible owners of
unclaimed property.
According to experts,
70% of Americans are owed unclaimed property
by the U.S. Government and there is nearly $40 in unclaimed property.
-
more…
May 15th, 2008
Posted by
admin |
Unclaimed Money |
no comments
The
government in Alabama right now has $373 million in
unclaimed money and some of that might belong to
you! That's right. Unclaimed money and property come can come from different
sources- forgotten bank accounts, uncashed checks, unused gift certificates and
such. After a certain period of time, these lost assets are are required by law
to be turned-over to government until their rightful owners come to claim them.
In 2007, a record $23 million was returned by the
Alabama unclaimed money office.
The large amount of unclaimed funds returned can be credited to the state's
programs which try to increase public awareness about the
unclaimed property. Lists of people's
names are posted in public and special booths are set-up in areas like state
fairs and shopping malls which provide free search aid to possible owners of
unclaimed property.
According to experts,
70% of Americans are owed unclaimed property
by the U.S. Government and there is nearly $40 in unclaimed property.
-
Arkansas Unclaimed Property
SHELL [BULLETIN]
May 8th, 2008
Posted by
admin |
Unclaimed Money |
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If you've resided in Alaska sometime in your life and wondering now if you might
have left behind financial assets, well, there's a 70% chance you just might
have. An estimated 7 out of 10 Americans are owed
unclaimed money by the Treasury Department
in the different states across the country. The amount of
unclaimed funds currently
totals nearly $40.
Lost
financial assets are turned-over to the federal
department of each state after a certain dormancy period. The number of years
these assets have to be dormant depends on the type of of asset and on each
individual state's local laws. In Alaska, that can be 1 year for utilities and
safe deposit box contents, 3 years for things like mineral proceeds and
interest, 5 for checking and savings accounts and stock shares, and 7 years for
non-bank money orders. The longest dormancy period is 15 years for traveler's
checks.
Luckily, there's no need to leave your home in order to claim your
lost money
in Alaska - just get on a computer with internet
access and let your fingers do the work. Be warned though, as in many other
places in the world, there are also a lot of unscrupulous people on the web out
make a fast buck. They charge you per every single search, so it's easy to spend
20, 30 bucks and come-up with nothing. There are some useful ones which
show how to do effective search methods for a minimal fee. It's really your
decision on how to go about searching for your money- just do it and get what's
rightfully yours.
-
more…
more…
April 30th, 2008
Posted by
admin |
Unclaimed Money |
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Arizona
If you're living in Arizona or at some time in your life lived and worked there
before, there is a great chance you are entitled to the $400 million in
unclaimed property the state Treasury Department
is holding. Even if you haven't been there before, an Arizona-based company may
have turned-over to the
government lost funds
belonging to you. Depending on the type of property, there is a dormancy period
of usually 3 years for lost assets to be claimed before they are by law handed
over to the government.
Lost
financial assets include securities, cash or
property like bank accounts, credits, and payroll checks. Contents of safety
deposit boxes are can also considered unclaimed property if their owners can't
be contacted after the dormancy period. The
Arizona
Treasury Department sells contents of safety deposit boxes
in annual auctions if their owners don't claim them after 3 years. The proceeds
are then held by the state as unclaimed money. A $100,000 trust fund from the
unclaimed money is maintained by the State of Arizona
and the excess is transferred to the state's General Fund.
-
more…
more…
April 23rd, 2008
Posted by
admin |
Unclaimed Money |
no comments
