(Part 1 of 2) In May of 2007, Illinois State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" abandoned asset program is holding roughly 1.4 Billion dollars in Illinois unclaimed money. (...)" />

September 2, 2008

IL Abandoned Assets – Part 1 of 2

(Part 1 of 2)

In May of 2007, Illinois State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" abandoned asset program is holding roughly 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 knowledge to track it down.

Sadly in addition to Illinois, state treasury departments across the United States continue to take in more unclaimed money annually than they give back to the people. 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 waiting to be claimed nationwide. Even for those few who have come to accept the truth about unclaimed properties, the best way to track these monies down eludes them more often than not.

The Prairie is State is one of just a few states that holds over a billion dollars on its own, which means if you're 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 list.

(to be continued)

Personal Finance Notebook: Check with controller's office for … – Sacramento Bee

Personal Finance Notebook: Check with controller's office for
Sacramento Bee,  USA - Aug 31, 2008
By Claudia Buck – cbuck@sacbee.com I saw your recent item about searching for unclaimed property from the state controller's office.

Treasurer’s office reports millions in unclaimed property – Opelika Auburn News

Treasurer’s office reports millions in unclaimed property
Opelika Auburn News, AL - 22 hours ago
Last year, the average claim amount for Lee County residents with unclaimed funds was $860, according to Anthony Leigh, Alabama Deputy State Treasurer.

Comptroller hands Buffalo hospital unclaimed funds – Newsday

Comptroller hands Buffalo hospital unclaimed funds
Newsday, NY - Aug 7, 2008
BUFFALO, NY – New York Comptroller Thomas DiNapoli hand-delivered more than $6000 to a Buffalo hospital to highlight the $9 billion in unclaimed funds
Roswell Park gets $6 million in unclaimed funds Buffalo News
Comptroller returns unclaimed funds WIVB
Roswell Park coffers $6K richer Bizjournals.com
WBEN 930
all 16 news articles

Time Is Running Out For This Pension Boost (The Motley Fool)
Millions have gone unclaimed in benefits for pensioners. Are you missing out? Here’s how to get the money you deserve before it’s too late.

What's yours is theirs – The News Journal

What's yours is theirs
The News Journal, DE - Sep 1, 2008
"Delaware is a good partner, but we all have different philosophies about the purposes of unclaimed money," said Stephen Larson, Iowa's deputy treasurer and

Permalink • Print • Comment

Trackback uri

http://www.illinois-unclaimed-money.com/blog/2008/09/02/il-abandoned-assets-part-1-of-2/trackback/

Leave a Comment