November 7, 2008

Illinois Missing Money Search – Part 2 of 2

(Part 2 of 2)

Because money is constantly added to the fund, it's very 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 asset 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 true owner steps forward to claim it.

Further, residents of Illinois may be owed unclaimed property in other states even if they've never lived in or even passed through them. Things like insurance overpayments when an employer utilizes an out of state insurance company can result in found money located 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 massive amount of money that is owed to its residents who simply need to learn the proper ways to search, how often to search, and where to search. Learning these search methods from experienced funds locators in this field can give you a boost in your abilities to locate your money.

–

IRS wants to return money (The Pasadena Citizen)
This time it’s a good thing. The Internal Revenue Service is looking for hundreds of area residents. It has millions of dollars in unclaimed money for Texans and the IRS is looking to give those taxpayers their due.

Unclaimed money could be a mouse click away (ABC 7 Gulfshore News)
As part of our on-going commitment to helping you through these tough economic times, ABC7 is putting money back in your pocket. We're showing you how the state may be holding hundreds if not thousands of lost dollars you never knew you had and the tricks to claiming the money.

105 stimulus checks for Racine County residents are unclaimed (The Journal Times)
While Congress discusses cutting a second round of stimulus checks to boost the economy, more than 100 Racine County residents have yet to receive the first one.

IRS seeks owners of unclaimed money – Ventura County Star