April 19, 2009
Searching For Unclaimed Property in IL – Part 2 of 2
(Part 2 of 2)
Due to the fact that money is constantly added to the fund, it is important to check regularly, not just one time. Money owed to you could be added tomorrow, or next week, or next month, or depending on the type of property in 5 years if that's the proper dormancy period. Each kind of asset has its own dormancy period in each state, after which state laws make the holder turn it over to the state who will then hold on to it until the rightful owner comes forward to claim it.
Additionally, residents of IL might be owed unclaimed funds in other states even if they've never resided 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. Also, issues often come up corporations' headquarters are in another state.
The bottom line is that the state of IL is currently holding a massive amount of cash that belongs to its residents who just need to learn the right 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 locate your money.
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State can't hold interest on unclaimed funds, high court rules – Cleveland Plain Dealer Blog
COLUMBUS — Ohio cannot keep interest earned on unclaimed funds owed to taxpayers, the Ohio Supreme Court ruled today. Since the 1960s, the state has held millions of unclaimed checks and money from dormant banking accounts and placed the cash in a …
Government Might Owe You Money (KNX 1070 Los Angeles)
LOS ANGELES (KNX 1070 NEWSRADIO) — Congressman Brad Sherman has a link to a government list of unclaimed stimulus checks. CLICK BELOW To see if you are on the list of Los Angeles County residents who are owed tax money.
State delays plan to sell shares of unclaimed stock (Santa Fe New Mexican)
The state Taxation and Revenue Department plans to sell hundreds of shares of stock that have gone unclaimed by residents for at least three years. However, the department is waiting until the market makes an upswing, a spokesman said.






















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