Unclaimed Property Blog

Usually when you hear about doing a search for unclaimed property you think of a person doing this. It is not a very well known fact that school districts, cities and counties also could have unclaimed money.

Jerry Hudlow, Rogers Finance Director checks the state auditor’s unclaimed-property list every year to see if his city is on it.

His review of what’s published as The Great Arkansas Treasure Hunt in newspapers across the state each fall keeps Rogers off a list of 119 cities, school districts, counties and other government entities with $89, 523 in unclaimed money held by the State Auditor Jim Wood’s office.

Maryland State Comptroller, Michael Golden may be earning that name. He is looking to return $75 million to rightful owners. You may find him to be golden when you find your treasure.

A local newspaper has published the annual unclaimed property insert. The insert lists the names of residents with unclaimed bank accounts, stocks, payroll and numerous other unclaimed assets. About $75 million belonging to 116,700 owners still not been handed out.

But with a policy change, coupled with growing popularity of the comptroller’s Web site, the insert scheduled was cut in half. However, the number of people who have not collected their unclaimed money, did not.

When cleaning house there are a lot of things that can be found. Some of these you have not seen in so long you may have forgotten about them. Well it is known that many people may have forgotten about property too. You may have lost treasures being held as unclaimed property. New Jersey is publishing in newspapers a list of names of rightful owners of unclaimed property.

Ever wonder if there is money just waiting to be found? You may have read about people finding unclaimed money, but have the idea it couldn’t or wouldn’t happen to you. How could anyone not know they had lost money? It may seem silly, but nine out of ten Americans do find they have missing money.

You may have heard that 9 out of 10 Americans are owed money. Sometimes the amount isn’t much, then there are other times where it is a real jackpot.

About 25 years ago Jimmy Sparks, a Vietnam veteran, returned to the United States and found work with Lowe’s in Jackson, Mississippi.

While employed with Lowe’s he decided to invest in the company, so he purchased some stock. Jimmy left Lowe’s just before he reached 15 years of employment and returned to Georgia. He did not do anything with his stock options at that time, not sure what his rights were regarding the stock.

All Alabama residents are wanted by the State Treasurer’s Office. Don’t run from this search. The State wants to give money away.

It has been reported that State Treasurer Kay Ivey is looking for Covington County residents. Her reason for the search is to return approximately $545,000 to rightful owners. If you don’t live in Covington County, there still may be money for you in the State’s coffers.

An unclaimed property listing will be published in local papers. You could have money in the state’s coffers waiting to be claimed.

In Rock County, Wisconsin some property owners are missing roughly $1.5 million in unclaimed property per the office of State Treasurer Jack Voight. The state is advertising about 64,000 names in newspapers statewide.

About 36,600 unclaimed stock shares account for some of that amount in Rock County. Other unclaimed assets may include bank accounts, checks, bonds, insurance claims, stock dividends or wages.

Within the state there are approximately 700,000 property owners who have not claimed about $300 million. Included in that number is unclaimed money reported as early as 1970.

You may have seen legal notices in local newspapers, your mail box may hold a letter of invitation and the internet entices you to do it. What is it? It is a search for unclaimed property or money. Some research was done and here follows basic information on unclaimed property.

Well, it is true! There are billions of unclaimed dollars sitting in state coffers waiting for rightful owners to be found.

Are you thinking, it’s probably a scam or highly unlikely that any amount of the billions could be yours?

This spring along with flowers blooming some people’s net worth could bloom. Could you be one?

Each spring in Maine the State Treasurer’s Unclaimed Property Division releases a list of unclaimed property being held by the Treasurer’s office for the rightful owner to claim.

Typically unclaimed assets are savings and checking accounts, contents of safe deposit boxes, life insurance policies, utility deposits, uncashed pay checks, undistributed dividends, from a bank account you forgot to close, or even a gift certificate.

Each state has laws to govern the unclaimed property collected, held and distributed, read on for how Oregon handles their unclaimed money and property.

Oregon currently holds $200 million in unclaimed property at the Department of State Lands. The money is held in the Common School Fund. This trust fund also receives the profits from economic activity on state-owned land. Interest earned on that fund goes to help K-12 schools.

The money and property is derived from a variety of sources, such as utility refunds, uncashed payroll checks, estates with no known heirs, stocks, unclaimed tax refunds and abandoned safe deposit boxes.

In most towns there is someone that is looking for people that owe money and looking for people who have lost money. Wayland, MA isn’t any different. Read on for some laws that the state imposes on found money.

Town Administrator Fred Turkington works to track down Wayland residents who owe taxes to the town while Treasurer Paul Keating is doing just the opposite.

Each year Treasurer Keating is required by law to try to locate people whom the town owes money, individuals and businesses who never cashed checks the town has written.