Unclaimed Property Blog

Free unclaimed money searches were a secret that was known to very few people, but with time and advent of internet, people are becoming aware of the benefits their lost money can bring them. It is because of the dedicated databases maintained by the state that people are getting filtered and error free information within a single click of their mouse. The state believe that despite of the application process made simpler with time, it is because of the lack of knowledge among people regarding unclaimed property that has created low return rates.

Many people do not realize how easy it can be to earn money from unclaimed cash. The truth is, earning money from home through unclaimed cash can be a very profitable endeavor. Some people simply don’t realize the very large amount of funds that go claimed every year and, with the right tools, you can capitalize on the very large of amounts of unclaimed cash that sit dormant in various places. If you want to find unclaimed money, it’s very important to do a search now with a quality unclaimed funds website such as CashUnclaimed.com, as they can help you find many unclaimed funds that you may not have even known existed!

Unclaimed assets grow in amounts every day in all 50 states. Many of the reasons for this increase are linked to the condition of the economy. Persons owed refunds or other assets cannot be located because they have had to relocate due to job loss, foreclosure or some other issue. You may be one of those owed funds or other valuables and totally unaware of this fact. Even within your own state, official efforts to locate the proper recipients of unclaimed assets are typically passive in nature, requiring the individual citizen to suspect that he or she may be owed money in the first place, and then to know how to take action to obtain it.

Most states are attempting to motivate people to claim their unclaimed assets; over 50 states have their individual websites that update data on a regular basis. These websites offer independent searches to anyone who has access to internet. All you have to do is start the search after deciding on the location and then enter personal details in the website like name or social security number for better filtered results. Unclaimed assets searches have been simplified by the state by organizing fairs on a timely basis that offer assistance to a person on a walk-in basis wherein you can search and claim the property on the spot.

According to the figures, more than an estimated pile of $135 million in unclaimed money is still waiting for their rightful owners, so go out and search if you have some unclaimed money waiting for you as well.

In spite of repeated efforts of the federal agencies, some still find it very difficult to believe that they have unclaimed money located at different locations resulting in the pile of unclaimed cash that is increasing at a tremendous rate.

Millions of people in the country have no idea that they have free unclaimed cash or property lying around. Books are made almost every year on how to claim property that legally belongs to you, but people have yet to wrap their heads around the concept of unclaimed money.

Anyone can locate unclaimed property with a little help, and luckily, with the help of a web search, you can do an easy unclaimed money search and find out just how much you have lying around in assets.

It is quite ironic to think that nearly $33 billion worth of money and assets remain unclaimed and abandoned in the care and protection of U.S. state treasurers despite the continuing global recession and economics struggles experienced today. If you are planning to perform an unclaimed money search soon, here are some things you will have to familiarize yourself with in order to guarantee a swift and smooth process.

What are Unclaimed Asset?

There are several tips that you can use to find lost money. According to the University of Kentucky, $32.8 billion dollars remains unclaimed in the United States. Northeastern University states that $33 billion dollars in 117 million accounts is unclaimed in the United States. The funds are in various types of accounts. The funds may be in abandoned checking and saving accounts. They may also be in mutual funds, property, stocks, and insurance policies. The federal, local, and state governments are holding these funds. There is nothing wrong with trying to find lost money. Find out how this Cashunclaimed.com is helping people locate lost money.

The problem of unclaimed cash is a threat to the government. This is giving nightmares to the state as well as the federal agencies that have the responsibility to manage these funds. The state unclaimed money is increasing at an alarming rate which has forced the state to use the excess money on welfare activities and betterment of the economy of the state. In order to balance the unclaimed properties lying with them, the states auction the properties to hand over the amount to the rightful owners.