Unclaimed Property Blog

Two months ago, the county of San Diego offered more than $1 million in refunds to hotel and motel guests who were overtaxed for their rooms. The actual amount of overcharging is over $4 million dollars, but the time limits are up on claiming some of those funds and the county is now spending much of the money.

Now, the county is attempting to return nearly $2.4 million dollars in unclaimed funds that resulted from people overpaying their property taxes.

Free money - do you want it? You would think that most people would jump at the chance. However, Three business school professors have discovered that when it comes to work most people are leaving hundreds or thousands of free dollars left on the table.

The Seattle Post-Intelligencer is reporting that in their study, called: “$100 Bills on the Sidewalk: Suboptimal Savings in 401(k) Plans.”, most people are not taking advantage of investment fund matching programs. This is where the employer will match any contribution you make to an investment account like a 401K retirement account.

Edgecombe County Clerk of Superior Court Carol Allen White said her office is trying to find the rightful owners of about $19,503 in unclaimed property, money and funds being held by her office.

“If satisfactory proof of claim is not presented by Oct. 1, the law requires us to submit the money to the N.C. Treasurer’s office. After we send the money to the state treasurer’s office, the rightful owners will have to contact Raleigh to get their money back.”

The state unclaimed money websites and all of the government sponsored sites related to found money are missing 90% of the lost money records and can often make you miss out on funds that you should have claimed. They simply don’t contain most of the records. It would take you 50+ hours to search all the government sites one by one. No matter what your state tells you, there is no government site that searches all the lost money databases.

The Idaho State Tax Commission is looking for people who are owed unclaimed property, and hoping they’ll call to claim the this lost money.

It’s found money and unclaimed funds for which Idaho businesses have been unable to find the rightful owners, such as payroll checks, contents of safe deposit boxes, tax refunds, stock dividends, worker’s compensation benefits and so on.

The Idaho Legislature in 1997 changed state unclaimed property law. Businesses are required to report these monies to the state tax commission and now after property that’s safeguarded by the tax commission remains unclaimed for 10 years, it will transfer to state ownership and be deposited in Idaho’s general fund.

The state of Indiana is actively seeking to re-unite people with lost money.

Lost money can be anything from an uncashed employment check, money left untouched in a savings or checking account for several years or proceeds from a stock dividend. There are some properties that come from safe-deposit boxes.

You should find out if you have any lost money owed to you by clicking here for the Cash Lost Money Search

Want free money in the form of a government grant…?

Lesko talked up the subject of Free Money and Government Grants at the Flint Michigan Public Library on April 26. To prove his point, Lesko mentioned obscure state, federal and local grants, like the one given by the state of Iowa to women entrepreneurs.

However, I’ve got a better idea. Just search for Unclaimed Government Money with the Cash Unclaimed Free Money Search. Just fill in your name and you’ll instantly find out if the Government might owe you unclaimed or lost money.