(Part 2 of 2)

The Illinois State Treasury has given back more than $432 million since it took over the unclaimed funds 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 all the time, the pile of cash will keep on growing.

Due to the fact that money is constantly added to the fund, it's very 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 asset in five years if that's the proper dormancy period. Each type 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 true owner steps forward to claim it.

Further, residents of Illinois may be owed unclaimed funds in other states even if they've never lived in or even been to them. Items like insurance overpayments when an employer uses an out of state insurance company can cause found money to wind up in other states. Also, issues often come up corporations are incorporated in another state.

The bottom line is that the state of Illinois is currently home to a massive amount of cash that belongs to its residents who just need to learn the proper 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 give you a boost in your abilities to track down your money.

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City of San Diego Owes Residents $147,000 – San Diego Channel
SAN DIEGO — The city of San Diego was reported Thursday to owe its residents a total of $147,000. The total includes unclaimed deposits for water service, refunds to people who overpaid for city services and money paid to vendors who never cashed …

Holiday gift idea: Scour Oregon's unclaimed property for others – Oregonian
It's Only Money reader Daniela Maron e-mailed in July, objecting to my account of Barry Boltz's success fighting the interest rate hike on his credit card. She thought it wrong that Boltz, at least at one point, lied about his work status and …

Score others' unclaimed property on eBay (CNNMoney.com via Yahoo! Finance)
Need a diamond pinky ring or a gold dog pin with ruby eyes?

San Diego may owe you money – San Diego Union-Tribune
Are the holidays leaving you a little short on money? You might want to check out San Diego’s listing of dollars the city owes to people who don’t know it. The listing totals $147,000, including unclaimed deposits for water service, refunds to …