February 20, 2010
Search For Illinois Unclaimed Property – Part 1 of 2
(Part 1 of 2)
In May 2007, IL State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" program is holding roughly 1.4 Billion dollars in Illinois unclaimed money. The only thing standing between the cash and its true owners is the knowledge that it is out there and the knowledge to find it.
Sadly beyond just IL, state treasury departments across the nation keep on taking in more unclaimed funds each year than they hand back to the citizens. Due to the fact that everyone believes in the old "if it's too good to be true" saying, most people do not believe that there are truly tens of billions of dollars waiting to be claimed nationwide. Even for those few who have come to accept the truth about unclaimed cash, the best way to locate these monies eludes them in most cases.
The Prairie is State is one of those rare states that is holding over a billion dollars on its own, and that means that if you're a resident of IL then you have even greater odds of finding a claim in your name, especially after you consider that the state has just under 13 million people and there are more than 10 million names on the state's IL list.
Although there are quite a few more, IL lists the following as the most common types of missing money: unpaid wages or commissions, abandoned savings and checking accounts, bonds, stock, un-cashed dividends, mutual funds, credit balances, customer deposits or overpayments, safe deposit box contents, money orders, refunds, paid-up life insurance policies, travelers checks. People who have had or know someone who might have had one of these accounts at some point in the past is encouraged to search often.
(to be continued)
–
Missouri lawmakers have unclaimed funds held by state – Jefferson City News Tribune Online
About one out of every seven Missouri lawmakers has some money waiting for them in the capital, and many may not even know it. An Associated Press review of the Missouri treasurer's online unclaimed property database showed that 12 senators, 16 …
Cashunclaimed.com Reports Unclaimed Money in California Still Rising – Connect
The State of California is currently in possession of more than $5.7 billion in Unclaimed Property belonging to approximately 11.6 million individuals and organizations. Although unclaimed money in California is still rising, John Chiang, California …
Federal Money to Help People on Welfare Get Jobs Goes Unclaimed – GPB
ATLANTA — Congress has set aside billions of dollars to help states find jobs for people on welfare, but most states including Georgia hasn’t claimed their share. Many states don't touch federal money intended to help welfare recipients get jobs …






















Leave a Comment