(Part 2 of 2) Due to the fact that money is always being added to the fund, it is important to search regularly, not just one time. (...)" />

March 28, 2009

Searching For Illinois Lost Money – Part 2 of 2

(Part 2 of 2)

Due to the fact that money is always being added to the fund, it is important to search regularly, not just one time. Money owed to you might be added tomorrow, or next week, or next month, or depending on the type of property in five years if that is the proper dormancy period. Each type of asset 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 on to it until the rightful owner comes forward to claim it.

Additionally, residents of Illinois may be owed unclaimed money in other states even if they have never lived in or even been to them. Items like insurance overpayments when an employer uses an out of state insurance company can result in found money located in other states. Also, issues often arise when corporations are incorporated in another state.

The bottom line is that the state of Illinois is currently home to a large amount of money that is owed to its residents who just need to learn the correct ways to search, where to search, and how often to search. Learning these search methods from experienced funds locators in this field can greatly enhance your abilities to track down your money.

Unclaimed bikes pile up – Daily Iberian
JEANERETTE — The Jeanerette Police Department has more bicycles than it does police cruisers. Dozens of them line a storage shed behind the police station. Some of the older, more mangled bikes are piled into what could be called a small mountain …

Oregon has millions in unclaimed money for residents, heirs – kgw.com
Finding your money is easy. KGW visited a secure vault in Salem where the state keeps unclaimed property. The place was packed with treasures ranging from gold bars to Rolex watches. Unclaimed property coordinator Cheryl Gladden showed us $40,000 in …

Unclaimed funds: Are you on the list of people owed money in Allen County? (The Lima News)
Click on the Division of Unclaimed Funds' website below to find out if you are on the list of people owed money: http://www.com.ohio.gov/unfd/treasurehunt.aspx

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