March 14, 2010

Searching For IL Lost Unclaimed Money – Part 1 of 2

(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 true owners is the knowledge that it's out there and the ability to find it.

Sadly beyond just Illinois, state treasury departments across the nation continue to take in more unclaimed funds every year than they give back to the rightful owners. Because 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 waiting to be claimed nationwide. Even for the handful who have come to accept the truth about unclaimed properties, the best way to find these monies eludes them most of the time.

The Prairie is State is one of those rare states that is holding over a billion dollars on its own, which means if you're a resident of Illinois then you have even better odds of finding a claim in your name, especially when 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 list.

Even though there are quite a few more, Illinois names the following as the most common sources of missing money: credit balances, customer deposits or overpayments, safe deposit box contents, money orders, refunds, paid-up life insurance policies, travelers checks, unpaid wages or commissions, abandoned savings and checking accounts, bonds, stock, un-cashed dividends, mutual funds. People who have had or know someone who may have had one of these types of accounts at some point in the past is encouraged to search regularly.

(to be continued)

$85M in property still unclaimed – Omaha World-Herald
LINCOLN (AP) — The state treasurer’s office is seeking to return $85 million in unclaimed property to more than 250,000 Nebraskans. The office recently publicized the names of people owed money or property and will do so again in the fall. A list …

Nebraska treasurer seeks to return unclaimed property – Lincoln Journal Star
The state treasurer's office is seeking to return $85 million in unclaimed property to more than 250,000 Nebraskans. The office recently publicized the names of people owed money or property and will do so again in the fall. A list of those owed …

Unclaimed lotto, life insurance, shares and forgotten … – Adelaidenow
Between the cash sitting in forgotten bank accounts, life insurance and shares, lotto winners who are yet to come forward and money owed in inheritance, millions of dollars await their rightful owners. Australian Securities and Investments Commission …

IRS Sitting On $1.3 Billion In Unclaimed Refunds  – ArkansasMatters
The Internal Revenue Service is sitting on $1.3 billion in unclaimed 2006 tax refunds. That money is owed to 1.4 million people who didn't file, and they're running out of time. After April 15th, that money will become the property of the U.S …

Millions Of Unclaimed Money Awaits On NC Website – digtriad.com
The amount of money in the program has doubled in the past nine years…which means there's a one in eight chance that a North Carolina resident has a claim. To search… click here for the North Carolina Department of Treasury website. Type in …

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March 11, 2010

Search for Unclaimed Funds in Illinois – Part 2 of 2

(Part 2 of 2)

Even though there are quite a few more, Illinois lists the following as the most common sources 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. People who have had or know someone who may have had one of these accounts at some point in the past is encouraged to search frequently.

The Illinois State Treasury has returned more than 432 million dollars since it took over the unclaimed funds 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 mountain of cash will keep on growing.

Due to the fact that money is always being added to the fund, it is important to check regularly, not just once. Money belonging to you could 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 turn it over to the state who will then hold on to it until the true owner steps forward to claim it.

Additionally, residents of Illinois may be owed unclaimed funds in other states even if they have never lived in or even set foot in them. Items 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 are incorporated in another state.

The bottom line is that the state of Illinois is currently holding a massive amount of cash that is owed to its residents who simply need to learn the right ways to search, where to search, and how often to search. Learning these search methods from locators with years of experience in this field can give you a boost in your abilities to track down your money.

Vt. has $1.7 million in unclaimed tax refunds (Boston Globe)
The Internal Revenue Service says 2,200 Vermonters are eligible to share $1.7 million in unclaimed federal tax refunds.

Millions in IRS refunds unclaimed – Tulsa World
Oklahoma taxpayers who are due the refunds must file the claim by April 15 or, by law, the refund is forfeited. Nationwide, unclaimed refunds totaling more than $1 … After that, the refund money becomes the property of the U.S. Treasury, the IRS …

Vermont taxpayers leave $1.7M in tax refunds unclaimed (The Burlington Free Press)
More than $1.7 million of unclaimed federal tax refunds are awaiting 2,200 Vermont taxpayers who failed to file a federal income tax return for 2006, according to the Internal Revenue Service.

Unclaimed Tax Refunds Headed for US Treasury – WBAY Green Bay
Thousands of people in Wisconsin who didn't file a tax return three years ago may have some money coming to them — but they need to act fast. The IRS says nationwide it has more than $1.3 billion in refund money for 1.4 million people who didn't …

I-Team: Attorneys generals suing federal government to … – KSDK
The money would end up in the unclaimed property fund and Missouri would collect interest on it, about $15 million to $16 million a year. In the meantime, Missouri has 14 employees who go about returning unclaimed property to citizens, twice the …

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March 7, 2010

Search for Unclaimed Funds in Illinois – Part 1 of 2

(Part 1 of 2)

In May of 2007, Illinois State Treasurer State Treasurer Alexi Giannoulias stated that the state's "Cash Dash" 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 waiting to be claimed and the ability to locate it.

Sadly beyond just Illinois, state treasury departments across the nation keep on taking in more unclaimed funds every year than they return 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 truly tens of billions of dollars waiting to be claimed across the country. Even for those few who have come to accept the truth about unclaimed cash, the best way to find these monies eludes them more often than not.

The Prairie is State is one of just a few states that holds over 1 billion dollars on its own, which means if you are a resident of Illinois then you have even greater odds of finding a claim in your name, especially when you factor in that the state has just under 13 million people and there are more than 10 million names on the state's Illinois database.

(to be continued)

Old tax refunds remain unclaimed – Leaf Chronicle
WASHINGTON —Here's something you don't hear every day: The Internal Revenue Service wants to give some of you money. The agency issued a notice Tuesday saying about 22,200 Tennesseans will lose income tax refunds with a median estimated value of …

Deadline is April 15 to claim old tax refund – Alexandria Daily Town Talk
WASHINGTON – Here’s something you don’t hear every day: The Internal Revenue Service wants to give some of you money. The agency issued a notice Tuesday saying about 23,800 Louisiana residents will lose income tax refunds with a median estimated …

IRS Has Extra $1.3 Billion in Unclaimed Refunds – WebCPA
The Internal Revenue Service said it has unclaimed refunds totaling more than $1.3 billion awaiting nearly 1.4 million people who did not file a federal income tax return for 2006, including over $150,000 in the state of California alone. To collect …

$27 million in unclaimed property due to Kane County residents (The Beacon News)
More than $27 million is available to Kane County residents in unclaimed property being held by the state, according to the state treasurer's office.On Sunday, The Beacon-News will present a list from the treasurer's office where residents can search for their names — and the names of their neighbors, friends and family — to find ought if they're eligible to share in the wealth.Anyone who …

Does the state owe you money? – MetroWest Daily News
All may be entitled to some unclaimed cash. Massachusetts Treasurer Tim Cahill's office last week released a listing of some 40,000 people, businesses and organizations who may be the rightful owners of property considered abandoned and turned over …

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March 3, 2010

Search for Forgotten Funds in IL – Part 2 of 2

(Part 2 of 2)

Due to the fact that money is constantly added to the fund, it is important to search 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 is the proper dormancy period. Each kind of property has its own dormancy period in each state, after which state laws make the holder hand it over to the state who will then hold it until the rightful owner comes forward to claim it.

Additionally, residents of Illinois might be owed unclaimed funds in other states even if they've never lived in or even set foot in them. Things like insurance overpayments when an employer uses an out of state insurance company can result in found money located in other states. Issues often also come up corporations' headquarters are in another state.

The bottom line is that the state of Illinois is currently holding a large amount of cash that belongs to its residents who simply need to learn the right ways to search, how often to search, and where to search. Learning these search methods from locators with years of experience in this field can give you a boost in your abilities to locate your money.

UNCLAIMED MONEY: Locals owed over $500,000 (The Courier)
THE STATE Revenue Office wants to reunite Ballarat residents with more than $500,000 in unclaimed money.

IRS: MI Has $40M In Unclaimed Refunds (ClickOnDetroit)
Unclaimed refunds totaling more than $40 million are awaiting nearly 42,800 people in Michigan who did not file a federal income tax return for 2006, the Internal Revenue Service announced Tuesday.

Do you have any unclaimed money? – heartland connection.com
KIRKSVILLE, MO — Treasurer Clint Zweifel was in Kirksville on Saturday marketing the Missouri House Democrats “Road to the Majority Tour” in northeast Missouri. Zweifel said Missouri has a strong field of democrats running in 2010 who …

Georgia holds millions in unclaimed money – Chattanooga Times Free Press
ATLANTA — The state of Georgia is holding on to nearly $985 million that rightfully belongs to state departments and taxpayers, according to the Georgia Department of Revenue. ”In these tough economic times, Georgians cannot afford to just let …

AL unclaimed tax refunds total $18M+ (WTVY Dothan)
The IRS estimates that the median unclaimed refund for tax-year 2006 is $608 for Alabamians.

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February 27, 2010

Search for Forgotten Funds in IL – Part 1 of 2

(Part 1 of 2)

In May of 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 standing between the cash and its rightful owners is the knowledge that it is out there and the ability to track it down.

Sadly beyond just Illinois, state treasury departments across the nation continue to take in more unclaimed funds annually than they return to the rightful owners. Because everyone believes in the old "if it's too good to be true" saying, the majority of people do not believe that there are really tens of billions of dollars that can be claimed nationwide. Even for the handful who have learned the truth about unclaimed assets, the best way to locate these monies eludes them most of the time.

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 Illinois then you have even better odds of locating a claim in your name, especially after you consider that the state has just under 13 million people and there are over 10 million names on the state's Illinois database.

Even though there are many more, Illinois 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 might have had one of these types of accounts at some point in the past is encouraged to search often.

The Illinois State Treasury has given back over 432 million dollars since it took over 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 mountain of cash will keep on growing.

(to be continued)

GOP releases Nevada budget proposal (News 4 Reno)
CARSON CITY, Nev. (AP) — Republicans in the Nevada Assembly have unveiled their own budget plan that incorporates cuts, increased fees and borrowing against money in the state's unclaimed property account to balance a $900 million shortfall.

Illinois Unclaimed Cash, Property  – MyWabashValley.com
The State of Illinois may have money that belongs to you. The Secretary of State's office released it's updated list of unclaimed cash and property. It's published in newspapers around the Land of Lincoln this week. If your name is on the list, you …

Help available in Tempe to claim tax money (The Arizona Republic)
Tempe Earned income Tax Credit program offers free tax preparation.

Olathe Women Gets $78K Check From State – KCTV 5
OVERLAND PARK, Kan. — An Olathe woman got a huge shock. Gail Brown received a huge check from the state of Kansas on Friday. A check totaling more than $78,000 came from Kansas' unclaimed property department. The money was from a retirement account …

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February 24, 2010

Search For Illinois Unclaimed Property – Part 2 of 2

(Part 2 of 2)

The IL State Treasury has handed back more than $432 million since it took over the unclaimed funds 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 all the time, the heap of cash will continue to grow.

Because money is constantly added to the fund, it is 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 property in 5 years if that is the proper dormancy period. Each kind of property has its own dormancy period within each state, after which state laws make the holder hand it over to the state who will then hold on to it until the rightful owner comes forward to claim it.

Further, residents of IL might be owed unclaimed funds in other states even if they've never lived in or even set foot in them. Things like insurance overpayments when an employer utilizes an out of state insurance company can cause found money to wind up in other states. Also, issues often arise when corporations' headquarters are in another state.

The bottom line is that the state of IL is currently home to a massive amount of money that belongs to its residents who simply need to learn the correct ways to search, where to search, and how often to search. Learning these search methods from locators with years of experience in this field can give you a boost in your abilities to find your money.

Cashunclaimed.com Reports Unclaimed Money in California Still Rising – Connect
The State of California is currently in possession of more than $5.7 billion in Unclaimed Property belonging to approximately 11.6 million individuals and organizations. Although unclaimed money in California is still rising, John Chiang, California …

The Investigators: Missing MED money FOUND – WMC-TV
MEMPHIS (WMC TV) – City suits, state pols and hospital 'crats toured the Regional Medical Center of Memphis Friday to encourage raising money for the cash-strapped, publicly funded hospital. They probably should have toured the Tennessee Treasury …

Berwick legislator helps local family recoup $270g in unclaimed funds – Fosters Daily Democrat
BERWICK, Maine — A local family whose members had no idea they were entitled to $270,000 belonging to their late father recently reclaimed the money thanks to the efforts of a local lawmaker. The funds are part of about $150 million currently …

State releases list of those with unclaimed money, property – Sauk Valley Daily Gazette
SPRINGFIELD – State officials are sitting on a treasure, and they want to give it to you. Well, some of you, anyway. There’s $1.4 billion in unclaimed property belonging to more than 10 million Illinois citizens and businesses in the state …

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February 20, 2010

Search For Illinois Unclaimed Property – Part 1 of 2

(Part 1 of 2)

In May 2007, IL State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" program is holding roughly 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 nation keep on taking in more unclaimed funds each year than they hand 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 truly tens of billions of dollars waiting to be claimed nationwide. Even for those few who have come to accept the truth about unclaimed cash, the best way to locate these monies eludes them in most cases.

The Prairie is State is one of those rare states that is holding over a billion dollars on its own, and that means that if you're a resident of IL then you have even greater odds of finding a claim in your name, especially after you consider that the state has just under 13 million people and there are more than 10 million names on the state's IL list.

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. People who have had or know someone who might have had one of these accounts at some point in the past is encouraged to search often.

(to be continued)

Missouri lawmakers have unclaimed funds held by state – Jefferson City News Tribune Online
About one out of every seven Missouri lawmakers has some money waiting for them in the capital, and many may not even know it. An Associated Press review of the Missouri treasurer's online unclaimed property database showed that 12 senators, 16 …

Cashunclaimed.com Reports Unclaimed Money in California Still Rising – Connect
The State of California is currently in possession of more than $5.7 billion in Unclaimed Property belonging to approximately 11.6 million individuals and organizations. Although unclaimed money in California is still rising, John Chiang, California …

Federal Money to Help People on Welfare Get Jobs Goes Unclaimed – GPB
ATLANTA — Congress has set aside billions of dollars to help states find jobs for people on welfare, but most states including Georgia hasn’t claimed their share. Many states don't touch federal money intended to help welfare recipients get jobs …

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February 16, 2010

Search For Illinois Lost Unclaimed Money – Part 2 of 2

(Part 2 of 2)

Even though there are quite a few more, IL names the following as the most common types of forgotten funds: credit balances, customer deposits or overpayments, safe deposit box contents, money orders, refunds, paid-up life insurance policies, travelers checks, unpaid wages or commissions, abandoned savings and checking accounts, bonds, stock, un-cashed dividends, mutual funds. People who have had or know someone who may have had one of these types of accounts at some point in the past is encouraged to search regularly.

The IL 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 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 always being added to the fund, it is important to search regularly, not just one time. Money belonging to you could be added tomorrow, or next week, or next month, or depending on the type of asset in 5 years if that is the proper dormancy period. Each type of property has its own dormancy period in 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.

Additionally, residents of IL may be owed unclaimed money in other states even if they've never resided in or even set foot in them. Items 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 are incorporated 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 simply need to learn the correct 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 greatly enhance your abilities to find your money.

Federal health care tax credits going unclaimed (News-Medical-Net)
"Federal healthcare benefits are going unclaimed by an estimated 17,000 Californians whose jobs were moved overseas or retirees whose pensions are being paid by the government after their former employers terminated their retirement plans," the Los Angeles Times reports."

Where Money (Maybe Yours) Goes Begging (New York Times)
The existence of a state Office of Unclaimed Funds raises a fundamental question: How do people, even collectively, lose track of $9.9 billion?

$2.5M Hoosier lotto jackpot still unclaimed – KABC
INDIANAPOLIS — It's enough money to pay off a mortgage. A dozen mortgages, actually. Or invest, retire and live comfortably. You could even throw a crazy Hollywood-style party in the heartland with that kind of cash. But the $2.5 million Hoosier …

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February 13, 2010

Search For Illinois Lost Unclaimed Money – Part 1 of 2

(Part 1 of 2)

In May 2007, IL State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" program is holding nearly 1.4 Billion dollars in Illinois unclaimed money. The only thing getting between the cash and its true owners is the knowledge that it is out there waiting to be claimed and the knowledge to find it.

Sadly beyond just IL, state treasury departments across the nation continue to take in more unclaimed money annually than they give back to the citizens. Because everyone believes in the old "if it's too good to be true" saying, the majority of people do not believe that there are truly tens of billions of dollars that can be claimed nationwide. Even for those few who have come to accept 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 a billion dollars on its own, which means if you're a resident of IL then you have even greater odds of finding a claim in your name, especially after 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)

$2.5M Hoosier jackpot goes unclaimed (Chicago Tribune)
The winning numbers from the unclaimed Aug. 19, 2009 Hoosier Lottery ticket is posted in the Meijer convenience store in Indianapolis today. (AP Photo/Darron Cummings)

$2.5 million Hoosier Lotto jackpot goes unclaimed (Fort Wayne News-Sentinel)
INDIANAPOLIS #8212; Hoosier lottery players have been digging through their trash, scouring their cars and bringing fistfuls of old tickets, some in shoeboxes, to an Indianapolis store, hoping they would find the winning #8212; but unclaimed #8212; $2.5 million jackpot ticket.

Fond du Lac woman gets more than $100,000 in unclaimed property – WKOW-TV.com
MADISON (WKOW) — A Fond du Lac woman is getting a surprise from the State Treasury. State Treasurer Dawn Marie Sass will be sending a check for $102,774.70 to a Fond du Lac resident who didn't know the state was holding her unclaimed property. The …

Out of luck: $2.5M Hoosier jackpot goes unclaimed (Channel 8 San Diego)
Hoosier lottery players have been digging through their trash, scouring their cars and bringing fistfuls of old tickets, some in shoeboxes, to an Indianapolis store, hoping they would find the winning – but unclaimed – $2.5…

$2.5M Hoosier lotto jackpot remains unclaimed (Boston Globe)
It's enough money to pay off a mortgage. A dozen mortgages, actually. Or invest, retire and live comfortably. You could even throw a crazy Hollywood-style party in the heartland with that kind of cash.

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January 23, 2010

Search For IL Unclaimed Funds – Part 2 of 2

(Part 2 of 2)

Due to the fact that money is always being added to the fund, it's very important to check regularly, not just once. Money belonging to you might be added tomorrow, or next week, or next month, or depending on the type of asset in five years if that's the proper dormancy period. Each kind 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 true owner comes forward to claim it.

Further, residents of IL may be owed unclaimed money in other states even if they have never resided in or even passed through them. Items like insurance overpayments when an employer uses an out of state insurance company can result in found money located 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 home to a massive amount of money that is owed to its residents who simply need to learn the right 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 track down your money.

Wisconsin treasury returns $27 million in unclaimed funds (Pioneer Press)
The Wisconsin state treasury made more than 26,000 people happy last year by reuniting them with cash they didn't know they had.

Disbared Delco lawyer accused of theft – Philadelphia Daily News
… the bureau runs a list of names in newspapers of those who have unclaimed property, and people can search anyone's name on the bureau's Web site to determine if there is unclaimed money owed to that individual. Prosecutors believe that Young …

St. Louis-area man gets $1.6 million in unclaimed property (Belleville News-Democrat)
A St. Louis-area man has a received a record $1.6 million from Missouri's unclaimed property division.

£1m lottery win remains unclaimed (Independent)
National Lottery officials are desperately searching for a lucky winner who has still not claimed a £1m prize, Camelot said today.

St. Louis resident gets $1.6 million in unclaimed property (KSDK St. Louis)
St. Louis resident gets $1.6 million in unclaimed property

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