West Virginia is getting tougher. The State Treasurer is actively seeking owners of unclaimed property.
Each state holds unclaimed property. All have different ways to find and return the money to the rightful owner. West Virginia has decided to become more active in giving money away.
Recently, Jack Phillips of Phillips Machine Service was contacted and received $117,000 worth of cash and stock dividends.
Wondering how someone could lose $117,000? The company had some stock and the bank holding the stock certificates could not locate the company. Per state law, the stock is transferred to the state for safe keeping.
{"id":218,"date":"2006-05-16T13:52:35","date_gmt":"2006-05-16T18:52:35","guid":{"rendered":"http:\/\/www.cashunclaimed.com\/unclaimed-property-blog\/unclaimed-property\/unclaimed-property-returned-to-surprised-owner"},"modified":"2006-05-16T13:52:50","modified_gmt":"2006-05-16T18:52:50","slug":"unclaimed-property-returned-to-surprised-owner","status":"publish","type":"post","link":"https:\/\/www.cashunclaimed.com\/unclaimed-property-blog\/unclaimed-property\/unclaimed-property-returned-to-surprised-owner","title":{"rendered":"Unclaimed property returned to surprised owner."},"content":{"rendered":"\n\n\t<\/p>
West Virginia is getting tougher. The State Treasurer is actively seeking owners of unclaimed property.<\/p>\n\n\t
<\/p>
Each state holds unclaimed property. All have different ways to find and return the money to the rightful owner. West Virginia has decided to become more active in giving money away.<\/p>\n\n\t
<\/p>
Recently, Jack Phillips of Phillips Machine Service was contacted and received $117,000 worth of cash and stock dividends. <\/p>\n\n\t
<\/p>
Wondering how someone could lose $117,000? The company had some stock and the bank holding the stock certificates could not locate the company. Per state law, the stock is transferred to the state for safe keeping. <\/p>\n\n