The US Treasury is attempting to locate the owners of lost stock market and savings bonds and so far officials have had very little luck. The problem is that all of these stock market certificates and savings bonds are owed to residents all over the country, and most of the addresses on file are incorrect. Americans love to move around, but that makes allocating lost or missing money rather difficult. To help alleviate the problem, officials are urging residents to search online to see if they are the rightful owners of any of these stock market or savings bonds being stored in limbo.
How to Lost Stock Market and Savings Bonds End Up Missing?
Lost stock market and savings bonds are not a new phenomenon. Ever since the stock market was invented, people have left money behind. It works like this. The very nature of stock market certificates and savings bonds is that they must be kept and stored for long periods of time before they can be considered valuable. The idea is that the bonds will increase in value over time. The problem is that people lose the bonds all the time, or they completely abandon them because they deem them worthless. Either way, this amounts to billions in lost stock market and savings bonds, but US officials are finally doing something about the problem.
Search for Stock Market and Savings Bonds Online
To search for lost stock market and savings bonds that may belong to you or someone you know, search the Cash Unclaimed database using a first and last name. The Cash Unclaimed database is considered one of the largest in the world for finding and claiming lost or missing money or property. If you have stock market certificates or savings bonds in your name, even if you lost them years ago, you’ll find them with a single search.
You can then claim the lost stock market and savings bonds by verifying your identity and providing the treasury or other government or corporate entity holding your money with the information necessary to send the money to you.
You might have stock market and savings bonds waiting for you. With a simple online search, everyone who is owed lost stock market and savings bonds should know about them. Conduct a search today and see just how much you may have forgotten about or abandoned somewhere in the past.