(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. (...)" />

October 6, 2008

Locating Illinois Unclaimed Funds – 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" 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)

Illinois Stimulus Checks Still Unclaimed – WIFR

Illinois Stimulus Checks Still Unclaimed
WIFR, IL - 8 hours ago
We have until October 15th to file income tax forms to get these checks. Illinois is ranked in the top ten for most unclaimed money.

RI to auction unclaimed property (Boston Globe)
The state will auction coins, jewelry and other unclaimed property this weekend. Most of the items in the state's first unclaimed property sale come from abandoned safety deposit boxes reported to the treasurer's office after their rents went unpaid for three years.

Three On Your Side: 103 Year Old Jacksonian Receives Unclaimed … – WLBT-TV

Three On Your Side: 103 Year Old Jacksonian Receives Unclaimed
WLBT-TV, MS - Sep 30, 2008
Little did she know money, piles of it was sitting dormant in the State's unclaimed funds account. It was money never claimed from an income tax refund.

Residents Find Unclaimed Money In Great Arkansas Treasure Hunt – KHBS/KHOG 40/29

Residents Find Unclaimed Money In Great Arkansas Treasure Hunt
KHBS/KHOG 40/29, AR - Sep 30, 2008
If the state owes me money, thank you,” said Smith. Smith is just one of around 275000 people in the state who has $50 or more in unclaimed cash or property
State Aims to Find Owners of Unclaimed Property KATV
$115 million in unclaimed goods wait Arkansas Democrat Gazette
all 12 news articles

Investors scouting for deals in tax sale – Indianapolis Star

Investors scouting for deals in tax sale
Indianapolis Star, United States - 2 hours ago
Properties that go unclaimed in the October sale will be put into a surplus tax sale, when minimum bid prices typically drop below the taxes due.

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