(Part 2 of 2)

Even though there are quite a few more, Illinois lists the following as the most common types of missing money: abandoned savings and checking accounts, unpaid wages or commissions, stock, bonds, mutual funds, un-cashed dividends, customer deposits or overpayments, credit balances, refunds, money orders, travelers checks, paid-up life insurance policies, safe deposit box contents. People who have had or know someone who might have had one of these accounts at one time or another is encouraged to search regularly.

The Illinois State Treasury has given back over $432 million since it took control of the unclaimed property program in 1999, 84 million dollars of which was returned in 2006 alone, but with $1.4 Billion waiting to be claimed and more coming in all the time, the pile of cash will keep on growing.

Because money is constantly added to the fund, it's very important to check 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 type of property has its own dormancy period in each state, after which state laws require the holder to turn it over to the state who will then hold it until the true owner comes forward to claim it.

Further, residents of Illinois might 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 cause found money to wind up in other states. Also, issues often come up corporations' headquarters are in another state.

The bottom line is that the state of Illinois is currently holding a large amount of money 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 locators with years of experience in this field can greatly enhance your abilities to find your money.

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Treasurer to return lost money – Muskogee Daily Phoenix
OKLAHOMA CITY (AP) — State Treasurer Scott Meacham is going to the Oklahoma State Fair to help Oklahomans claim $300 million in lost money. Meacham administers Oklahoma's unclaimed property program. And this will mark the ninth consecutive year his …

Rep. Gordon, Treasurer's Office to hold Cash Dash – Peoria Journal Star
State Rep. Jehan Gordon, D-Peoria, is teaming up with the Illinois State Treasurer's Office to return lost or forgotten property and money to area residents on Wednesday. Common forms of unclaimed assets include unpaid wages, overpayments on bills …

Hunt for your own lost treasure; don’t pay for it – Houston Community Newspapers
I often receive calls or e-mails asking about the validity of different offers received by mail, phone or e-mail. Seldom am I asked about the same offer more than once in the same week. My suspicion quickly grew when in just the last week, I was …

Recover Unclaimed Millions At State Fair – KOAT 7
SANTA FE, N.M. — Lost anything lately? The state Taxation and Revenue Department wants New Mexicans to recover $121 million in unclaimed property at a booth at the state fair. Taxation and Revenue Secretary Rick Homans said the rightful heirs to the …

100,000 windfall still unclaimed from Scottish Widows … – Daily Telegraph
The huge unclaimed sum is one of almost 34,000 windfalls that have yet to be claimed by their rightful owners, the company has announced. The total unclaimed is more than £70m, meaning that the average policyholder who has failed to claim is missing …