U.S. state governments have been hard pressing to return unclaimed cash and property to its rightful owners. Today, the amount has reached gigantic proportions and a prime example of this occurrence is the Wisconsin State.
It has been estimated that the Wisconsin state treasurer is sitting over $145 million of unclaimed cash and property that legally belongs to its citizens, but most of them are unaware of it. Wisconsin State has been instrumentally spreading information about the cause and has been trying its best to inform the individuals by sending memos and messages.
The state has also gone to the level of enacting laws that would coherently protect unclaimed property and would take necessary measures to hand it over to their rightful owners or legal heirs. For this very purpose, the state has even published the names of owners of unclaimed property in regional advertisements.
The response has been very lukewarm and not many people are actually coming forward to claim their cash. Even though the amount is rising every year, people are not taking enough initiatives to claim their own cash and property.
Wisconsin Creates History
Wisconsin is creating new milestones in the number of claims being paid in a single month. According to a press release on March 31, 2010 by Dawn Marie Sass, State Treasurer of Wisconsin, the state treasurer’s office broke record in number of unclaimed property claims paid in one month. It has been estimated that the state cleared $3 million on 4,848 claims in a single month. The office has paid out 9,646 claims worth $8 million in the last three months.
Wisconsin has been innovative in embedding a fast track program for quick clearance of claims of $200 or less. This speedy process has been very effective in chucking away any slowing of the process by efficiently doing away with small claims. The state treasure has also announced his planned tour that will cover all 72 counties in order to spread awareness about the unclaimed cash and property list.
Claims With Convenience and Ease
The entire process of claiming cash and property has become very easy. You can log onto the official website of the state and feed in your name and ID. During the search, if anything comes up on your name, you can click the property ID number and can start the process of claiming. Always remember to fill valid information in order to successfully complete the process. The state would get back to you with 10 days and it will inform you for the further documents required for the process of validation.
You can also log on to www.cashunclaimed.com and key in your name correctly to find out if you own any unclaimed cash or property. Most of the citizens are under the misconception that they do not own any such cash or property. It is best advised for you to search online as the chances for you to have unclaimed cash and property can be very high.
It is studied that that 9 out of 10 Americans will find unclaimed cash in their name. It may be a forgotten bank account, unclaimed insurance money, dividend, tax refund, etc. If you are a Wisconsin local, please do check your name through the list and attain the unclaimed cash and property on your name.
You dont have to be a Wisconsin citizen to find out if you have unclaimed cash! Log on to www.cashunclaimed.com today to do a free search to discover any unclaimed cash or property!