The issue of unclaimed assets has made its way to the top of the bill of all state governments. The government is all set with its new tools of dealing with the large amount of unclaimed money lying with them. The U.S. government is now making use of carefully and intensively planned awareness campaigns to make sure that none of the rightful owner of any unclaimed property, assets, funds or money is missed out this time.
Archive for August, 2012
Reported on the Nebraska Radio Network, the Nebraska Unclaimed Property Division is setting up Unclaimed Property booths at the state fair. At these Unclaimed Property booths, people will be able to search for their unclaimed or lost money, and be assisted in the claiming process, by filling out the paperwork, and submitting the completed work to the booth attendants.
Nebraska State Treasurer, Don Stenberg, notes that the State Treasury is currently holding $100 million in unclaimed funds, that belongs to 350,000 present or former Nebraska residents.
According to La Times, more than 50,000 musicians are owed unclaimed money. SoundExchange is a non-profit group and collects royalties on behalf of artists. They recently reported having $31 million that remains unclaimed from over 50,000 musicians. These amounts range from $10-$10,000 per group, sources said.
Some of the more notable musicians who are owed some of these unclaimed funds are Marky Mark and the Funky Bunch, Joaquin Phoenix, and The Smith Westerns. These royalties mainly come from website such as Pandora, IheartRadio, and Sirus XM.
New York is determined to give back your lost funds. In order to o so, State Comptroller, Tom DiNapoli, has arranged to have a booth at local fairs across the state. These booths will have members of the Unclaimed Property Division available and ready to search for your unclaimed property.
The state alone has over $28 million in unclaimed funds. Most are owed on average $100, however, one account is worth $1.7 million!
In order to see if you are the owner of $1.7 million in lost funds, search for your money with the best unclaimed funds website in the world, Cashunclaimed.com. Log on today and search for free!
According to KATC, Louisiana is about to receive $2.5 million in unclaimed tax refunds on Friday. This unclaimed money will be added to the already high, unclaimed property pile, amounting to more than $500 million.
The $2.5 million lump sum is comprised of over 7,462 tax payer’s money, which were all sent letters in the mail to notify them of their lost funds.
Once the money becomes unclaimed, the state can’t spend it; it simply waits for the owners. The best way to see if you have any of this money waiting for you is by searching with CashUnclaimed.com. CashUnclaimed.com is the largest unclaimed money database in the world. FInd your unclaimed money today for FREE with CashUnclaimed.com
According to the Las Vegas Review Journal, Nevada received a record-setting high of $97 million in unclaimed property funds to add to the State Treasury.
These funds were accumulated throughout the fiscal year, but were released to the state in August. The money came from abandoned bank accounts, unclaimed utility deposits, payroll checks, safety deposit boxes, and many more sources.
The best way to search for Nevada unclaimed funds is through CashUnclaimed.com, the largest unclaimed funds database in the world. Log on to http://www.cashunclaimed.com today and receive a free unclaimed funds search!
To read the full article, click HERE
Illinois is holding an unclaimed money event in Downers Grove, Illinois to help return the unclaimed money back to the owners. The event will be held at the Main Street Train Station from 9:30am to 1pm on Saturday, August 18th. The staff at the event will conduct on the stop unclaimed money searches for whoever shows up, along with assist in filling out the application for claiming the money back.
Almost 450,000 records exist for owners of unclaimed money in DuPage County, which amounts to over $125 MILLION!
Missouri is experiencing a large amount of unclaimed funds with the state treasury. All the renowned state treasuries are aware of the problem of unclaimed or lost funds. Similarly, the Missouri unclaimed property pile touches an alarming figure of $600 million. In comparison to the growth rate of Missouri unclaimed funds, the reclaim rate is pretty low, which is a big cause of concern for the state agencies.
Missouri unclaimed money search was an unrealistic concept for many of the people who live in the area, as they never believed in getting back lost funds. The state considers this ignorance as the main reason behind the growing pile of increasing unclaimed funds in the treasury that are still waiting for the owners.
South Carolina returned $12.6 million in unclaimed funds fiscal year 2011. Currently, South Carolina is holding on to $300 million in unclaimed money, and it already on track to return more than fiscal year 2011.
If you think you have South Carolina unclaimed funds, the best way to search is with CashUnclaimed.com. CashUnclaimed.com is the largest unclaimed money website in the world! Search CashUnclaimed.com today for FREE!
To read more of the article, click HERE
California is one of the leaders in holding the highest amounts of unclaimed property among the United States, topping the charts at over $6 billion worth of property.
State Controller, John Chiang, is determined to return all $6 billion in unclaimed property to the owners, which amounts to approximately 17.6 million owners.
If you think you might have any unclaimed money or property, searching with CashUnclaimed.com is the best website to use for your search. CashUnclaimed.com has the world’s largest unclaimed money database, with access to both state and federal records. Log on to CashUnclaimed.com and search for your unclaimed property today for FREE!