Go to the
(Part 1 of 2)
In May 2007, Illinois State Treasurer State Treasurer Alexi Giannoulias stated that the state's "Cash Dash" abandoned asset program currently holds almost 1.4 Billion dollars in Illinois unclaimed money. The only thing getting between the cash and its rightful owners is the knowledge that it's out there and the knowledge to locate it.
Sadly beyond just Illinois, state treasury departments across the country continue to take in more unclaimed funds annually than they give back to the rightful owners. Due to the fact that everyone believes in the old "if it's too good to be true" saying, the majority of people refuse to believe that there are really tens of billions of dollars that can be claimed across the country. Even for those few who have come to accept the truth about unclaimed properties, the best way to track these monies down eludes them most of the time.
The Prairie is State is one of those rare states that holds over a billion dollars on its own, and that means that if you are a resident of Illinois then you have even greater odds of tracking down a claim in your name, especially when you factor in that the state has less than 13 million people and there are over 10 million names on the state's Illinois database.
Even though there are many more, Illinois names the following as the most common types of missing money: abandoned savings and checking accounts, unpaid wages or commissions, stock, bonds, mutual funds, un-cashed dividends, customer deposits or overpayments, credit balances, refunds, money orders, travelers checks, paid-up life insurance policies, safe deposit box contents. Anyone who has had or knows someone who may have had one of these accounts at some point in the past is encouraged to search regularly.
The Illinois State Treasury has returned more than 432 million dollars since it took control of the unclaimed funds program in 1999, 84 million dollars of which was given back in 2006 alone, but with 1.4 Billion dollars waiting to be claimed and more coming in every year, the pile of cash will continue to grow.
(to be continued)
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State hopes to return $400 million in unclaimed property to Nevadans
You could have some unclaimed money and property, and not even know it.
One out of 10 Massachusetts residents has some
Excellus: $1.25M in
Banks, utilities, investment companies and some other business also turn over
Pressbox (Press Release) – For those with deceased relatives, there may be an easy to find out if
Find Out How To Search for
(Part 2 of 2)
The IL State Treasury has given back over $432 million since it took control of the unclaimed property program in 1999, $84 million of which was returned in 2006 alone, but with 1.4 Billion dollars waiting to be claimed and more coming in every year, the mountain of cash will continue to grow.
Due to the fact that money is constantly added to the fund, it's very important to search regularly, not just once. Money owed to you might be added tomorrow, or next week, or next month, or depending on the type of asset in 5 years if that's the proper dormancy period. Each type of property has its own dormancy period within each state, after which state laws require the holder to hand it over to the state who will then hold it until the true owner steps forward to claim it.
Further, residents of IL may be owed unclaimed property in other states even if they've never lived in or even been to them. Items like insurance overpayments when an employer utilizes an out of state insurance company can cause found money to wind up in other states. Issues often also arise when corporations are incorporated in another state.
The bottom line is that the state of IL is currently holding a large amount of money that belongs to its residents who just need to learn the proper ways to search, where to search, and how often to search. Learning these search tips from locators with years of experience in this field can give you a boost in your abilities to find your money.
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Pop singer Jason Mraz has unclaimed money in W.Va.
West Virginia's treasurer wants Jason Mraz to come pick up his money.
IMPORTANT: Bing News RSS feed has moved!
Go to the
(Part 1 of 2)
In May 2007, IL State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" abandoned asset program currently holds nearly 1.4 Billion dollars in Illinois unclaimed money. The only thing getting between the cash and its rightful owners is the knowledge that it is out there and the ability to track it down.
Sadly in addition to IL, state treasury departments across the nation keep on taking in more unclaimed property each year than they give back to the citizens. Due to the fact that everyone believes in the old "if it's too good to be true" saying, most people do not believe that there are really tens of billions of dollars waiting to be claimed across the country. Even for those few who have realized the truth about unclaimed cash, the best way to track these monies down eludes them in most cases.
The Prairie is State is one of just a few states that is holding over 1 billion dollars on its own, and that means that if you're a resident of IL then you have even better odds of tracking down a claim in your name, especially when you factor in that the state has just under 13 million people and there are over 10 million names on the state's IL database.
Although there are quite a few more, IL lists the following as the most common types of missing money: unpaid wages or commissions, abandoned savings and checking accounts, bonds, stock, un-cashed dividends, mutual funds, credit balances, customer deposits or overpayments, safe deposit box contents, money orders, refunds, paid-up life insurance policies, travelers checks. Anyone who has had or knows someone who may have had one of these accounts at some point in the past is encouraged to search regularly.
(to be continued)
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£4.7 million in tax
On a national scale, the RIFT research also shows that £180 million of annual tax refunds could be going
TSA cashes in on change left at checkpoints
The
Mega Millions: 3 winning tickets still
“If we were looking at a prize that was a much larger amount of
State Holding Billions In Unclaimed Money
According to the Texas State Comptroller’s Office, one in four Texans are due cash. The result has left the state holding a fortune in unclaimed money.
(Part 2 of 2)
Even though there are quite a few more, IL lists the following as the most common sources of forgotten funds: unpaid wages or commissions, abandoned savings and checking accounts, bonds, stock, un-cashed dividends, mutual funds, credit balances, customer deposits or overpayments, safe deposit box contents, money orders, refunds, paid-up life insurance policies, travelers checks. People who have had or know someone who may have had one of these accounts at one time or another is encouraged to search frequently.
The IL State Treasury has returned more than 432 million dollars since it took over the unclaimed money program in 1999, 84 million dollars of which was given back in 2006 alone, but with 1.4 Billion dollars waiting to be claimed and more coming in all the time, the heap of cash will keep on growing.
Because money is constantly added to the fund, it's very important to check regularly, not just once. Money owed to you could be added tomorrow, or next week, or next month, or depending on the type of property in 5 years if that's the proper dormancy period. Each kind of asset has its own dormancy period in each state, after which state laws require the holder to turn it over to the state who will then hold it until the true owner steps forward to claim it.
Additionally, residents of IL may be owed unclaimed money in other states even if they've never lived in or even been to them. Things like insurance overpayments when an employer uses an out of state insurance company can cause found money to wind up in other states. Also, issues often come up corporations' headquarters are in another state.
The bottom line is that the state of IL is currently home to a large amount of money that is owed to its residents who just need to learn the proper ways to search, where to search, and how often to search. Learning these search tips from experienced funds locators in this field can give you a boost in your abilities to find your money.
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Excellus Reports $1.25 Million In
Rochester, N.Y. – Excellus Blue Cross Blue Shield is looking for subscribers who have about $1.25 million in
W.Va. treasurer says singer Jason Mraz has
CHARLESTON, W.Va. — West Virginia’s treasurer wants Jason Mraz to come pick up his
Loose change: $1M cost for $400K donation
Jeff Miller (R-Fla.) that seeks to take about $400,000 annually in
(Part 1 of 2)
In May 2007, IL State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" abandoned asset program currently holds nearly 1.4 Billion dollars in Illinois unclaimed money. The only thing standing between the cash and its true owners is the knowledge that it is out there and the knowledge to find it.
Sadly beyond just IL, state treasury departments across the country continue to take in more unclaimed money each year than they give back to the rightful owners. Due to the fact that everyone believes in the old "if it's too good to be true" saying, most people do not believe that there are really tens of billions of dollars waiting to be claimed nationwide. Even for those few who have realized the truth about unclaimed assets, the best way to locate these monies eludes them in most cases.
The Prairie is State is one of just a few states that holds over 1 billion dollars on its own, which means if you're a resident of IL then you have even better odds of tracking down a claim in your name, especially when you consider that the state has just under 13 million people and there are over 10 million names on the state's IL list.
(to be continued)
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APNewsBreak: AmEx pulls gift cards from NJ
It saw unused gift cards, travelers' checks and
$1M cost for $400K donation
A bill to send unclaimed money at airports to the USO would come at a price.
MetLife Settles
MetLife Inc. has agreed to pay $40 million to settle a multistate regulatory probe, in a pact that calls for it to improve its system for identifying
(Part 2 of 2)
Because money is always being added to the fund, it's very important to search regularly, not just once. Money owed to you might be added tomorrow, or next week, or next month, or depending on the type of asset in five years if that is the proper dormancy period. Each type of asset has its own dormancy period within each state, after which state laws require the holder to hand it over to the state who will then hold on to it until the rightful owner steps forward to claim it.
Further, residents of Illinois might be owed unclaimed money in other states even if they've never resided in or even set foot in them. Things like insurance overpayments when an employer uses an out of state insurance company can cause found money to wind up in other states. Issues often also arise when corporations' headquarters are in another state.
The bottom line is that the state of Illinois is currently holding a large amount of cash that is owed to its residents who just need to learn the right ways to search, how often to search, and where to search. Learning these search tips from locators with years of experience in this field can give you a boost in your abilities to track down your money.
–
A "Big Society" fund, using
Hometownstations.com-WLIO- Lima, OH News Weather SportsPop singer Jason Mraz has unclaimed money in W.Va.
CHARLESTON, W.Va. (AP) – West Virginia's treasurer wants Jason Mraz to come pick up his money. Treasurer John Perdue said Tuesday the pop singer's name is on a list of people due unclaimed property in the state.
Pop singer Jason Mraz has unclaimed money in W.Va.
West Virginia's treasurer wants Jason Mraz to come pick up his money.
Loose change: $1M cost for $400K donation
Jeff Miller (R-Fla.) that seeks to take about $400,000 annually in
(Part 1 of 2)
In May 2007, Illinois State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" abandoned asset program is holding nearly $1.4 Billion in Illinois unclaimed money. The only thing getting between the cash and its rightful owners is the knowledge that it is out there and the ability to track it down.
Sadly in addition to Illinois, state treasury departments across the nation keep on taking in more unclaimed money every year than they hand back to the rightful owners. Because everyone believes in the old "if it's too good to be true" saying, most people refuse to believe that there are truly tens of billions of dollars that can be claimed nationwide. Even for the handful who have come to accept the truth about unclaimed cash, the best way to track these monies down eludes them more often than not.
The Prairie is State is one of those rare states that holds over 1 billion dollars on its own, and that means that if you are a resident of Illinois then you have even better odds of finding a claim in your name, especially after you factor in that the state has less than 13 million people and there are more than 10 million names on the state's Illinois database.
Although there are many more, Illinois names the following as the most common sources of missing money: abandoned savings and checking accounts, unpaid wages or commissions, stock, bonds, mutual funds, un-cashed dividends, customer deposits or overpayments, credit balances, refunds, money orders, travelers checks, paid-up life insurance policies, safe deposit box contents. Anyone who has had or knows someone who might have had one of these types of accounts at some point in the past is encouraged to search regularly.
The Illinois State Treasury has returned over $432 million since it took control of the unclaimed money program in 1999, 84 million dollars of which was returned in 2006 alone, but with $1.4 Billion waiting to be claimed and more coming in all the time, the pile of cash will keep on growing.
(to be continued)
–
Glendale assumes ownership of thousands of dollars in unclaimed money
Eighteen people got a collective $11,470 back from the city at the last minute Tuesday before about $157,000 in unclaimed checks got shuffled into the city’s General Fund, which pays for public services.
Millions in unclaimed property ready for return
Ever wish you had money just lying around?
Cash Dash visits Steger, Homewood
Illinois State Treasurer Dan Rutherford attended recent Cash Dash events in Steger and Homewood to reunite people with
Pa. holds $1.8B in
Did you know the Commonwealth of Pennsylvania has about $1.8 billion in
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