Michigan’s missing money problem is becoming as great as the very lakes that surround it. The mitten shaped state has faced missing money problems before, but never before have treasury officials felt so strained. According to the Michigan department of Treasury missing money department, the state has added more than 850,000 names to its registry. That means more people are now contributing to the missing money problem. All it takes is a simple money search and the Michigan missing money problem could be a thing of the past.
Thanks to the wonders of the Internet, anyone can find missing money with a few clicks of the button. It’s not uncommon for people to find checks for hundreds of dollars using a simple money search from the home or office. Most are completely surprised when they do find money. That’s because most people have no idea that they have money out there. If all Michigan residents conducted a missing money search, the missing money problem wouldn’t be what it is today.
Sources for the Missing Money Problem
Much of the Michigan missing money problem originates from money that was owed to someone before they passed away. This money is held in a limbo account and isn’t claimed until the individual or organization comes forward. Then there are the cases of abandoned bank accounts, treasury accounts that have been left untouched for years, child support payments that never reached the intended recipient and even payroll checks that were never cashed.
With so many sources for unclaimed money, it’s easy to see how the missing money problem grew so out of hand. If you are a current or former resident of Michigan, conduct a missing money search and help to do your part to rid the state of its missing money problem for good.
While the state isn’t exactly clear on just how much money there is, most states are holding onto billions of dollars worth of unclaimed money. Conduct a missing money search and you just might find that you have more cash than you ever suspected waiting on you.