June 4, 2009
Tracking Down IL Forgotten Funds – Part 2 of 2
(Part 2 of 2)
Due to the fact that money is constantly added to the fund, it's very important to search regularly, not just one time. Money belonging to you could be added tomorrow, or next week, or next month, or depending on the type of asset in five years if that is the proper dormancy period. Each kind of property has its own dormancy period within each state, after which state laws make the holder hand it over to the state who will then hold on to it until the true owner steps forward to claim it.
Further, residents of Illinois may be owed unclaimed funds in other states even if they've never lived in or even been to them. Things like insurance overpayments when an employer uses an out of state insurance company can cause found money to wind up in other states. Issues often also arise when corporations are incorporated 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 just need to learn the proper ways to search, where to search, and how often to search. Learning these search tips from locators with years of experience in this field can give you a boost in your abilities to find your money.
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Finance ministry to mull auctioning unclaimed vouchers – Taipei Times
Ministry of Finance officials promised yesterday to study the possibility of auctioning off unclaimed consumer vouchers. National Treasury Agency Director-General Hwang Ding-fang (¶À©w¤è) told the legislature¡¦s Finance Committee he would …
Project Economy: Find Out If You Have Unclaimed Money – Pittsburgh Channel
The commonwealth's unclaimed property fund has a total of about $1.5 billion — including $72 million in Allegheny County alone — that you either forgot about or never knew about, like inactive bank accounts, uncashed paychecks, CDs, utility …
Area cities have 'unclaimed property' coming their way – San Bernardino County Sun
Despite the recession and a monstrous deficit, there's a lot of money lying around at the state level. Literally, billions. Referred to as "unclaimed property," over $5 billion worth is being held by the office of State Controller John …
Millions in unclaimed assets owed to Nevadans (KVBC Las Vegas)
These days, everyone is looking for some extra cash. Now, News 3's Katherine Whaley has some information that could help you get some money you may not even know you have. All you have to do is look online.






















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