If you’re thinking about heading down to Alabama, now is your chance because residents everywhere are attempting to find funds in Alabama the easy way: through the use of the Internet. There are millions of dollars to be located and it all belongs to the hardworking men and women of the state, and those that used to reside there. This money comes from errant paychecks, misplaced bank accounts and 401K accounts, unclaimed child support and more. If you want to try to find funds in Alabama, you are encouraged to log into a massive database known as Cash Unclaimed.
Where Did The Alabama Funds Found Come From?
When we speak of people trying to find funds in Alabama, we don’t mean that they’re physically venturing out of their homes and forming search parties. We mean that they’re logging on to Cash Unclaimed to conduct a simple search; but where did this money originally come from?
We’ve already mentioned a few sources for the Alabama funds found recently, which include banks, places of employment and the court systems, but the IRS is another big source for lost or missing money. In fact, around tax time is when the state’s treasury becomes inundated with lost or missing tax refunds.
All of this money must be relocated to the rightful owners and that is exactly what Cash Unclaimed is designed to do. To find funds in Alabama using the Cash Unclaimed database, log on and insert a first and last name. In an instant you will be taken to a results page that may show a dollar amount, if you’re one of the lucky ones.
The Alabama funds found can then be claimed by following a few simple steps, one of which is to verify your identity. The process is so simple anyone can do it and that’s why the state’s treasury is urging everyone to try to find funds in Alabama. In some cases a simple verification of address or exact name match are the only steps depending on the type of entity holding onto the cash. While in other cases they need everything mentioned above and maybe even a few more things as well. Like, let’s say you’re trying to claim inheritance money that was left to a now deceased loved one, you may have to provide even more information verifying who you are and if you are the next heir in succession in order for the funds to be released in your name. This may take some time but is usually very worth it as estates and old savings accounts, bonds, IRA’s as well as private collections and heirlooms tend to add up.
With some Alabama funds found already and millions left to go, the state’s treasury hopes that word will travel about Cash Unclaimed and how easy it is to use. Alabama and other states like it that are struggling with unclaimed funds piling up are also trying to spread the word by hosting booths at their local fairs as well as holding whole events based off of finding and placing unclaimed funds and property with the rightful individuals and further removing the financial responsibility off of our government. This not only frees up finances being spent on managing this money but will also free up the time that state workers are currently scrambling to dedicate to this growing problem. With their time being freed up they can then turn right back around and get back on top of their own personal posts. Which may mean an increase in getting their daily jobs duties done as well as give them more time to tackle other growing problems in today’s economy state and nationwide!