(Part 1 of 2) In May 2007, IL State Treasurer State Treasurer Alexi Giannoulias stated that the state's "Cash Dash" program is holding nearly $1.4 Billion in Illinois unclaimed money. (...)" />

March 31, 2009

Searching For Illinois Unclaimed Property – Part 1 of 2

(Part 1 of 2)

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

Sadly beyond just IL, state treasury departments across the country continue to take in more unclaimed money each year than they return 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 across the country. Even for the handful who have learned the truth about unclaimed properties, the best way to locate these monies eludes them more often than not.

The Prairie is State is one of those rare states that is holding over a billion dollars on its own, and that means that if you're a resident of IL then you have even greater odds of locating a claim in your name, especially when you factor in that the state has less than 13 million people and there are over 10 million names on the state's IL list.

(to be continued)

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