(Part 1 of 2)

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

Sadly beyond just Illinois, state treasury departments across the United States continue to take in more unclaimed funds annually 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 those few who have realized the truth about unclaimed cash, 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 1 billion dollars on its own, and that means that if you're a resident of Illinois then you have even better odds of locating a claim in your name, especially after 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.

Even though there are many 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 one time or another is encouraged to search often.

(to be continued)

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Clayton woman reclaims missing money 10 years later WRAL.com, NC - Oct 22, 2008 The North Carolina Department of the State Treasurer holds unclaimed property – for example, money from bank accounts, leftover paychecks, old insurance …

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