(Part 2 of 2)

The IL State Treasury has handed back more than $432 million since it took over the unclaimed property program in 1999, 84 million dollars of which was given back in 2006 alone, but with 1.4 Billion dollars waiting to be claimed and more coming in every year, the pile of cash will continue to grow.

Because money is constantly added to the fund, it's very important to search regularly, not just one time. Money belonging to you might 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 property has its own dormancy period in each state, after which state laws require the holder to 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 IL may be owed unclaimed property 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. 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 belongs to its residents who simply need to learn the correct ways to search, how often to search, and where to search. Learning these search tips from experienced funds locators in this field can give you a boost in your abilities to track down your money.

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Texas Has $2 Billion In Unclaimed Property – KFOX 14
EL PASO, Texas — With just a few key strokes and the click of a mouse, the state of Texas allows citizens to search for money they may be owed. In total about $2 billion dollars in unclaimed money sits waiting for about 200,000 Texans to claim. KFOX …

Northampton County controller wants to keep money from state – Morning Call
Angered by the state budget stalemate that has forced counties to dig into their savings to keep many human services programs going, Northampton County Controller Stephen J. Barron Jr. on Friday called on his county to start withholding money from …

Texas comptroller: 'I love my job' (The Longview News-Journal)
Texas Comptroller Susan Combs spoke Tuesday afternoon in Longview as part of her re-election campaign kickoff tour.

State notifying people with unclaimed money, property (Lincoln Journal Star)
The annual Internet auction of Nebraska unclaimed property begins Tuesday. About 200 items left in unclaimed safe deposit boxes, including gold and silver coins, Confederate currency, diamond jewelry and Husker memorabilia, will be auctioned on eBay.