(Part 2 of 2)

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 asset in 5 years if that is the proper dormancy period. Each kind 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 on to it until the rightful owner steps forward to claim it.

Additionally, residents of Illinois might be owed unclaimed property in other states even if they have never resided in or even passed through them. Things like insurance overpayments when an employer uses an out of state insurance company can result in found money located in other states. Issues often also come up corporations' headquarters are in another state.

The bottom line is that the state of Illinois is currently home to a massive amount of money that belongs to its residents who just need to learn the right 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 find your money.

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Comptroller looking to return $2 billion in unclaimed funds – Waxahachie Daily Light
AUSTIN, Texas — Many Texans had more money in their pockets after Texas Comptroller Susan Combs returned a record $147 million in unclaimed property to its owners in fiscal 2009, a 19 percent increase compared to fiscal 2008. Combs has expanded her …

CFO Sink: Check for unclaimed property before statewide auction – Daily Breeze
The Bureau of Unclaimed Property is currently holding 8.8 million accounts, mostly from dormant accounts in financial institutions, unclaimed utility deposits, insurance benefits, premium refunds, uncashed checks and trust accounts. It also holds …

Comptroller releases nearly $150 million in unclaimed property – San Antonio Business Journal
Texas Comptroller Susan Combs returned a record $147 million in unclaimed property to its owners in fiscal 2009. This is a 19 percent increase over fiscal 2008. The comptroller’s office stepped up its efforts to locate unclaimed property owners …

Found: Owners of $147 Million in Lost Money – East Texas News
AUSTIN – Many Texans had more money in their pockets after Texas Comptroller Susan Combs returned a record $147 million in unclaimed property to its owners in fiscal 2009, a 19 percent increase compared to fiscal 2008. Combs has expanded her agency …

Money laundered through Schenectady club, indictment charges – Daily Gazette
A Schenectady resident and her alleged accomplice were indicted by a federal grand jury on charges of felony bank fraud and money laundering, accused of funneling millions in unclaimed bond interest payments through a non-profit organization they …