(Part 1 of 2)

In May of 2007, Illinois State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" abandoned asset program is holding roughly $1.4 Billion in Illinois unclaimed money. The only thing standing between the cash and its rightful owners is the knowledge that it is out there waiting to be claimed and the knowledge to find it.

Sadly in addition to Illinois, state treasury departments across the nation continue to take in more unclaimed money each year than they give back to the people. 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 that can be claimed nationwide. Even for the handful who have learned the truth about unclaimed properties, the best way to find these monies eludes them in most cases.

The Prairie is State is one of only a few states that holds over a billion dollars on its own, and that means that if you are a resident of Illinois then you have even better odds of finding a claim in your name, especially when you factor in that the state has just under 13 million people and there are more than 10 million names on the state's Illinois database.

Although there are many more, Illinois names the following as the most common sources of missing money: abandoned savings and checking accounts, unpaid wages or commissions, stock, bonds, mutual funds, un-cashed dividends, customer deposits or overpayments, credit balances, refunds, money orders, travelers checks, paid-up life insurance policies, safe deposit box contents. 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 frequently.

(to be continued)

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