(Part 2 of 2)

Because money is always being added to the fund, it's very important to search regularly, not just one time. Money owed to you could 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 property has its own dormancy period within each state, after which state laws make the holder 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 funds in other states even if they have never lived in or even set foot in 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 come up corporations are incorporated in another state.

The bottom line is that the state of Illinois is currently home to a large amount of cash that is owed to its residents who simply need to learn the correct ways to search, how often to search, and where to search. Learning these search methods from experienced funds locators in this field can give you a boost in your abilities to locate your money.

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Indiana holding money for Mellencamp, and other unclaimed money – Fox 19
INDIANAPOLIS (AP) – Indiana is holding about $385 million in its unclaimed property fund, some of which belongs to well-known Hoosiers like John Mellencamp and Larry Bird. The Indianapolis Star reports that Pacers President Bird has $80 in unclaimed …

$385M in ‘unclaimed' fund – News-Sentinel
INDIANAPOLIS — Indiana is holding about $385 million in its unclaimed property fund, some of which belongs to well-known Hoosiers such as John Mellencamp and Larry Bird. Indiana Pacers President Bird has $80 in unclaimed cash, while rock star …

Texas looks to return $2 billion in unclaimed cash, valuables – KVUE
State Comptroller Susan Combs says Texas is currently holding more than $2 billion in cash and other valuables, waiting for the rightful owners to come forward and claim it. The money comes from unclaimed property, forgotten bank accounts, uncashed …

State approaching record for unclaimed property – New Orleans Times-Picayune
The money collected this year brings the cumulative pot of unclaimed money forwarded to the state since the program began in 1972 to $643.6 million. The program has paid out $206.9 million to 271,808 individuals as of last week, Spann said.