Unclaimed Property Blog

Kentucky has given the answer to that question. It came about because some Kentucky tobacco growers have unclaimed money waiting for them in state coffers.

In June, as part of the Phase II Tobacco Settlement program, checks totaling more than $863,000 were returned to the state. Approximately 5,000 checks were returned because no forwarding address was left, the forwarding address had expired, the recipient was deceased or the post office box was closed.

The checks were among 164,000 — totaling $114 million — that were sent out.

The June checks will expire this year (June 2006). If their recipients do not collect, the money will go into an unclaimed property fund. After three years, the state may spend the money.

It did not seem so long ago that the plastic credit card was new and innovative. Some creditors are looking to revamp it so that the consumer can spend less time at cash registers. Like anything new, it does bring forward questions about safety and spending habits.

Chase wants you to ‘Blink’, MasterCard wants you to ‘Tap and Go’ and American Express wants you to ExpressPay. What does all this mean for you?

It means that you can have incremental time saved when making purchases. The retailer may lose sales if the lines are too long or too slow. Proponents say it will save time for consumers and could make money for merchants.

Steve Westlly the CA State Controller has been traveling through the state giving money away. He is the person possibly holding your share of California’s $4.8 billion worth of unclaimed property.

San Francisco residents were recently urged to check for unclaimed money as Controller Steve Westly continued a campaign urging residents to check whether the state is holding any of their money in the form of unclaimed property.

The state has $4.8 billion worth of bank balances and miscellaneous items whose owners could not be located after three years, according to the controller’s office.

Scattered throughout the Boston, MA region are hundreds of lucky people who are eligible to claim at least $10,000 each.

The government says it wants to return the money, but the owner of record has been deemed unreachable, with no known address. The Globe South did manage to find some of these lucky people.

The state treasurer’s office has 1.5 million unclaimed bank accounts, bonds, insurance policies and safe deposit boxes with a total worth of about $1.8 billion. Dig deep into your memory and if you feel you may be someone that fits into having an account as mentioned, claim it, it is free money.

About $30,000 in unclaimed cash will be moved into the city’s general fund if the rightful owners don’t claim it by the end of the month. To claim this money contact the Oklahoma City Police Department.

The found money turned into the police ranges from one penny to $3,317. Police do make every attempt to return this money to the owners prior to adding it to the city’s budget. There isn’t a standard amount, it is just money that the police had turned in to them for various reasons.

This week, the Montana Department of Revenue spent almost $10,000 to place 8,824 names in legal advertisements in daily newspapers across the state to contact the money’s owners.

Under a program set up by Montana law in 1963, unclaimed or abandoned money eventually gets turned over to the state. The state will hold it in trust for perpetuity.

To date, the state of Montana has collected about $47 million, and $16 million has been returned.

Check your family tree, a long-gone distant relative might be on this list. If you can provide proof of heritage, you could become richer.

The state of New Hampshire is looking for the owners of unclaimed cash and stocks. The amounts are $7.9 million in cash and 300,000 shares of stock.

Insurance Companies that converted from a mutual company have stock that was not given to the owners of the insurance policy. Some of the named companies are John Hancock Financial Services, Inc., MetLife Inc., Prudential Financial Inc., and Nationwide Provident.

Per the article the state’s portfolio of abandoned stock is worth more that $20 million. You could be owed money from these conversions. How much found money do you want to find? Search the Found Money search and find out.

Officials with the Hawaii State Department of Budget and Finance will be at the 83rd Maui County Fair to assist residents in conducting searches for unclaimed property or other found money that belongs to them. The specialists with the Unclaimed Property Program will be at the fair for all four days.

The Unclaimed Funds Program accepts and holds property from financial institutions that have been inactive and unclaimed, including back accounts, certificates of deposit, insurance payments and gift certificates. Anyone can conduct a search to find out it they have any lost money owed to them. The problem with the Hawaii unclaimed property program is that it only covers one database for the state government when there are over 54 additional databases that you need to search.

Here’s a great site that has reviews, articles and advice about all the paid online survey websites out there. It seems to be the latest craze to hit the Internet - everyone wants to get paid big money filling out surveys. I think this is possible to find these paid surveys, but I don’t really know how much money you can make.

Some sites claim you can make $250 per hour. I’m a little skeptical about that, but don’t see why you couldn’t make some extra cash on the side with it.

Imagine losing $2,000 for three years and not knowing it was gone.

That’s what a recent article published in the Daily Journal Online talks about. In the example above it was a city government who had lost $2000 and didn’t even know it. The lost money was reported to the Indiana state treasurer and there it sat for 3 years. This is not that uncommon. Many people have lost money being held by a state, local or Federal agency and they don’t even know it!

Who knows - you could be owed money and you don’t even know it.