Florida is facing financial overload and it’s calling on the state’s citizenry for help. While a financial overload may sound like a great problem to have, it’s not such a great problem when you consider that all the cash is missing and that it belongs to people who, for the most part, don’t even know it exists. Further compounding the problem is that all the missing cash in Florida is typically years old, which makes locating the rightful owners even more difficult for the state’s treasurers. For this reason, the treasury is calling on everyone to help. Help relief missing cash in Florida. Don’t worry, you don’t even have to leave your chair.
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The state of Florida could use an economic boost and according to Florida missing funds managers, that boost could come from the unlikeliest of sources. The Florida state treasury is holding onto billions of dollars in unclaimed or missing funds. This money could come from any number of sources – abandoned bank accounts, unclaimed payroll checks, tax refunds – and unless the owner comes forward, the money will rest in the Treasury, where it is kept and managed. The Florida State Treasurer’s office hopes that more people come forward to search for and claim the Florida missing funds that may belong to them. If more people come forward, the state will get the economic boost it needs and Floridians everywhere will have more cash to spend and save.
In a way, Florida can be called a rich state and growing richer by the day due to unclaimed money. The unclaimed money vault is increasing at a rapid pace,with the last figure at an astounding $2 billion. This pile is getting larger at a very rapid pace, with very few claimants coming forward to claim their lost funds. This money is a joint account of almost more than 8 million U.S. residents. This abandoned pile of money is still lying with the state treasury, waiting to be claimed.
If you have ever lived in Florida, there’s a chance for you to earn the unclaimed property. You have the right to claim your property at any time at no cost.
Welcome to the Great Florida Treasure Hunt.
Unclaimed Money and unclaimed property searches are conducted by most Americans on an annual, if not biannual, basis. Currently, the Department of Financial Services of Florida holds unclaimed property accounts of more than $1 billion value, mostly from latent accounts in financial institutions, insurance and utility companies, securities and trust holdings.