(Part 2 of 2)

Due to the fact that money is constantly added to the fund, it is important to search regularly, not just once. 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 kind 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 it until the rightful owner comes forward to claim it.

Further, residents of IL may be owed unclaimed money in other states even if they've never resided in or even passed through them. Items like insurance overpayments when an employer utilizes an out of state insurance company can result in found money located in other states. Issues often also arise when corporations' headquarters are in another state.

The bottom line is that the state of IL is currently home to a massive amount of cash 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 locate your money.

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Action Line: Be cautious about 'unclaimed funds' services – Bakersfield Californian
Editor's note: Action Line is a weekly column from the Better Business Bureau answering consumers' questions and concerns about money and business issues. Dear Action Line: A Sacramento company recently notified me it had located more than $19,000 in …

A Box Holds Money and Mystery – New York Times
The little box, too small for shoes, appeared Monday at Central Florida Toyota in Orlando, Fla., filled with a big surprise: more than $40,000 in cash. No one can figure out who left it on a display counter. And while some are surprised that the …

A Box Holds Money and Mystery (New York Times)
Officials are trying to figure out who left a little box containing tens of thousands of dollars in cash at a Toyota dealership in Orlando, Fla., this week.