Unclaimed Property Blog

Colorado, like so many other U.S. States, is grappling with problem of unclaimed funds. Colorado is taking all the possible steps to payback its citizens who might have some unclaimed funds. As a practical step towards this, State Treasurer, Cary Kennedy, kicked off the 2010 Great Colorado Payback on April 16, 2010.

Kennedy made an announcement through a press release that the Great Colorado Payback managed to pay claims totaling more than $500,000 to a Fort Collins resident. It was one of the twenty claims made during the past fiscal year, which ranged between $40,000 and $1 million. Colorado had eight claims this year that were worth more than $100,000.

Unclaimed money is still on the rise and most U.S. States are making it a priority to return th money to its citizens. Colorado, the central state of America, is reaching out to payback its citizens through various methods.

In its efforts to return the unclaimed cash to the Coloradans, State Treasurer Cary Kennedy kicked off the 2010 Great Colorado Payback on April 16, 2010. She happily announced through a press release that the Great Colorado Payback recently paid claims totaling more than $500,000 to a Fort Collins resident. It was one of the twenty claims made during the past fiscal year, which ranged between $40,000 and $1 million.

Great Colorado Payback is here to distribute huge unclaimed cash to Coloradans. State Treasurer Cary Kennedy informs that Colorado government is geared up to return about 500,000 Colorado citizens’ unclaimed cash. The rightful owners of the unclaimed cash include many businesses and individuals who have forgotten to claim their rightful dues down the line.

Every year the state distributes about $50millions of unclaimed money but still many people whose names appear on Colorado Payback list do not appear to claim the money owed to them. Till date, the program has benefitted over 220,000 Coloradans by more than $100 million and the authorized give away is still continuing.