(Part 2 of 2)

The IL State Treasury has handed back more than $432 million since it took over the unclaimed funds program in 1999, $84 million of which was returned in 2006 alone, but with 1.4 Billion dollars waiting to be claimed and more coming in all the time, the heap of cash will continue to grow.

Because money is constantly added to the fund, it is 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 property in 5 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 hand it over to the state who will then hold on to it until the rightful owner comes forward to claim it.

Further, residents of IL might be owed unclaimed funds in other states even if they've never lived in or even set foot in 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 arise when corporations' headquarters are in another state.

The bottom line is that the state of IL is currently home to a massive amount of money that belongs to its residents who simply 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 give you a boost in your abilities to find your money.

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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 …

The Investigators: Missing MED money FOUND – WMC-TV
MEMPHIS (WMC TV) – City suits, state pols and hospital 'crats toured the Regional Medical Center of Memphis Friday to encourage raising money for the cash-strapped, publicly funded hospital. They probably should have toured the Tennessee Treasury …

Berwick legislator helps local family recoup $270g in unclaimed funds – Fosters Daily Democrat
BERWICK, Maine — A local family whose members had no idea they were entitled to $270,000 belonging to their late father recently reclaimed the money thanks to the efforts of a local lawmaker. The funds are part of about $150 million currently …

State releases list of those with unclaimed money, property – Sauk Valley Daily Gazette
SPRINGFIELD – State officials are sitting on a treasure, and they want to give it to you. Well, some of you, anyway. There’s $1.4 billion in unclaimed property belonging to more than 10 million Illinois citizens and businesses in the state …