Unclaimed Property Blog

The problem of unclaimed money or property is not a hyped issue but it really is a much bigger issue than we think. The state agencies are trying their best to reach out to mass audiences and motivate them to come forward and claim what is theirs. Despite their efforts, the growth of unclaimed property all over the state has been alarming.

As per the statutes across the states, known as the Unclaimed Property laws, the financial institutions managing these unclaimed funds are required to hand over unclaimed assets that have been lying idle for over a period of time to the state for safe custody until the real owner claims it. These unclaimed assets include un-cashed checks, forgotten bank accounts, unused gift certificates or cards, uncollected salaries, unredeemed insurance policies, stock dividends, safe-deposit bank contents etc.

Unclaimed property is increasing throughout the U.S., and many are unaware of where to find it. In a recent statement from the U.S. Supreme Court (Texas vs. New Jersey, 379 US 674, 1965), the unclaimed property is returned to the state of the property owner’s last known address. If the address cannot be found, then it is returned to the state in which the business holding the funds is incorporated.

It is the responsibility of the unclaimed property office to find the rightful owners, by placing advertisements in newspapers and trying to trace the owners. It has been observed that most states only advertise the new additions in their list. The good part is that there is no time limit on claiming your property.

Have you ever wondered how long states can hold on to unclaimed property before it has to be reported?? This may help!

• Most States – 120 days to 60 days before property is reportable
• California – 365 days to 180 days
• Texas–by August 31st
• Iowa –July 1st to end of September
• Hawaii–begin May 1st

To find YOUR unclaimed money, go to CashUnclaimed.com, the largest unclaimed money database, and keep searching! You might find more unclaimed property turn up when the time frame has passed!!

Almost every company has some form of unclaimed property or money. The concept of unclaimed money does not only apply to just individuals; cities, businesses, or other institutions are also capable of having unclaimed money in their name.

The best way to find out if you, or your corporation or institution have unclaimed property is with CashUnclaimed.com. Log on to http://www.cashunclaimed.com today for your free unclaimed money search!

Most states are dealing with so much unclaimed property than they have space for. After so many years of this unclaimed property sitting idle, they are turning to eBay to sell the unclaimed property.

Do you have unclaimed property? Find out before its sold on eBay! CashUnclaimed.com is the best website to use when searching for unclaimed property. Log on to CashUnclaimed.com today and search for your unclaimed property for free, before it’s gone!

Unclaimed money has been an issue that has no end in sight. The amounts of unclaimed money keeps piling up and few are coming forward to claim it.

Wouldn’t YOU want FREE money? I know I would. I check CashUnclaimed.com almost DAILY to see if my unclaimed money owed to me has been updated in their database. I have yet to find unclaimed money in my name, due to the fact that I am diligent about updating my addresses with the post office and other authorities; however, I know many people who have been highly successful in finding unclaimed money for themselves.

The unclaimed money figure is somewhere in the billions! All the state governments have been creating strong initiatives to spread the word of unclaimed money and urge the public to search for their part of the large unclaimed money pie. People have been seen to be owed anywhere from $50 to $500,000!!

Do you know how much you are owed??

The best way to search is with Cashunclaimed.com. Because of Cashunclaimed.com’s ability to search both state and federal records at once, searching for unclaimed money through Cashunclaimed.com is the best way to find the MOST unclaimed money owed to you!

The federal agencies who are managing the burden of these unclaimed assets have realized that in order to create a desire in the minds of people, they need to be educated about the importance of unclaimed money. This made the federal agencies join hands with the government in designing different awareness campaigns and programs to educate people about the importance of reclaiming lost property.

The government has developed several tools to assist people in getting necessary information for carrying out the search process. The process of applying for reclaiming the assets was one of the most difficult processes, but now, due to the constant efforts of the authorities reclaiming process is much easier.

Is unclaimed property a hoax? The same question comes across our minds whenever we see any advertisement claiming to have all information related to your unclaimed money. It may be right that these advertisements sound ‘too good to be true’, but they are correct in some sense or the other, pertaining to only unclaimed property. However, it is up to you to make sure that you have all the important information to make sure it is your property indeed.

Is unclaimed property a myth? It was considered impractical and bizarre by even the most educated public when the concept of unclaimed money was discussed, not to mention the prospect of claiming it back. It has been established that unclaimed money in America has now reached 8 out of 9 American families, who have some form of unclaimed property waiting to be claimed. It can be statistically proven that almost every American family has at least one member who has forgotten funds.