What is Unclaimed Money?

State governments in the United States are holding close to $60 Billion in unclaimed money and funds! When businesses and corporations owe you money but can not send it to you, they are obligated to turn it over to the State. Every States keeps the record and the money. If the money belongs to you or your family, you may submit a claim in order to claim your money. If government owes you money and you do not claim it, it is called unclaimed money. This may be banks, pensions, safety deposit boxes, pensions, checking accounts, travel check, insurance policies, overpayments and other sources!

State governments have limited resources. They keep track and record for unclaimed money or funds, however, they do not actively reach out to owners to claim to money.

unclaimed money

Missing Money Search

States governments and corporations are withholding billions of dollars of unclaimed money in the United States. Money held with governments which had zero contact or requests for at least one year has become to be known as Unclaimed Money. To locate unclaimed money, one must perform a missing money search. Currently there is about $60 Billion of unclaimed money sitting with state governments in the United States!

Unclaimed Money comes from forgotten savings or checking accounts, stocks, un-cashed dividends or payroll checks, refunds, traveler's checks, trust distributions, unredeemed money orders or gift certificates (in some states), insurance payments or refunds and life insurance policies, annuities, certificates of deposit, customer overpayments, utility security deposits, mineral royalty payments, and contents of safe deposit boxes. All of these are required by law to be turned over to State Governments where this money is sitting to be collected.

For illustration only