Unclaimed Property Blog

Unclaimed property is owed to millions of people. Financial experts estimate that up to 90% of Americans have unclaimed property that is being held by various government agencies and banks across the U.S. This property could be tangible or intangible. It could be something that was stolen, or reported lost, or it could be something that was left to you by an heir. The property could be money as well, sitting in a bank account, year after year.

Are US Unclaimed Money Secrets real? Is there a secret to making more money and enjoying an increased cash flow? It’s hard to know, with all the internet scams out there today. How do you know who to believe? The answer is, YES you can be on your way to increasing your cash flow and enjoying a life without collection calls and overwhelming debt.

The fact is, you could be much richer than you think! You could have US unclaimed money that is rightfully yours, but is being held by a bank or government agency. There are many reasons for this: Forgotten bank accounts, dividend payments, last paychecks, rebate checks, securities, and checks for unused utilities are just a few sources of unclaimed money.

Unclaimed assets in America, including unclaimed money assets, are all classified as unclaimed property. The law on what constitutes unclaimed money assets varies from state to state, but when there has been no transaction in regard to the money for an extended period of time (usually 3 years) and efforts to locate the owner of the money have failed, the funds become unclaimed money assets and are handed over to the state under the provision of the United States Unclaimed Property Law. This money is kept in the owners name and remains with the state until the owner, or his heirs, are located. There is normally no time limit for making a claim for unclaimed money assets.

About $ 50 billion in unclaimed property is lying with the federal and state governments and the amount is increasing year by year. The governments makes their best efforts to locate the owners of this money but because of people moving, changing names, marriages and divorces and death, the owners of the property are often not found. This is where experts like Unclaimed Money.com enter the picture.

Unclaimed money can take many forms – forgotten bank accounts, uncashed checks, unclaimed insurance amounts, refunds, veteran’s benefits, pension dues, inheritances, unused gift certificates, forgotten shares, unclaimed safe deposit boxes, and so on. Over 60% of Americans have owed money in some form or another that they do not know about. Using Unclaimed Money.com makes searching for assets that belong to you easy.

A recent article on “We’ve Got Your Back” column details two people and their unclaimed money experience. Here is the article:

Two readers of “We’ve Got Your Back” recently got some good news and some not-so-good news. They recently received letters that family members had money owed to them. The not-so-good news was that there were some hefty fees that they’d have to pay to get their cash.

As we all know, we are in a recession the scale of which they say hasn’t been scene in decades. However, many middle class Americans are finding money from an unlikely source; unclaimed money search online!

The middle class are owed BILLIONS of dollars of unclaimed money in the US. Unclaimed money is very likely owed to middle class families as they often open bank accounts, put down deposits, buy insurance and conduct all of the main financial transactions that unclaimed money comes from.

Unclaimed money may be from a household utility deposit you put down then moved away.