(Part 2 of 2)

Although there are quite a few more, Illinois lists 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. Anyone who has had or knows someone who may have had one of these types of accounts at one time or another is encouraged to search often.

The Illinois State Treasury has given back more than $432 million since it took control of the unclaimed funds program in 1999, 84 million dollars of which was given back in 2006 alone, but with $1.4 Billion waiting to be claimed and more coming in all the time, the mountain of cash will keep on growing.

Due to the fact that money is constantly added to the fund, it is important to check regularly, not just one time. Money belonging to you might be added tomorrow, or next week, or next month, or depending on the type of asset 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 require the holder to 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 Illinois might be owed unclaimed funds in other states even if they've never resided in or even been to them. Things like insurance overpayments when an employer utilizes an out of state insurance company can result in found money located in other states. Issues often also arise when corporations' headquarters are in another state.

The bottom line is that the state of Illinois is currently home to a large amount of money that is owed to its residents who just need to learn the proper 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 find your money.

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New York state looking for owners of unclaimed money – Times Herald-Record
ALBANY (AP) — The state comptroller's office has nearly $10 billion in unclaimed funds and is looking for the rightful owners. The comptroller's Office of Unclaimed Funds is holding several events around the state this month to help people check to …

Comptroller seeks owners of unclaimed accounts – Buffalo News
… billion in unclaimed funds it holds. The comptroller’s office will hold a pair of events in Gowanda and downtown Buffalo late this week and next where officials will be available to help residents check to see if they are owed any money from …

Looking for Money? NY Starts New Unclaimed Funds … – YESHIVA WORLD NEWS
New York – The state comptroller’s office has nearly $10 billion in unclaimed funds and is looking for the rightful owners. The comptroller’s Office of Unclaimed Funds is holding several events around the state this month to help people check …

Unclaimed lottery winnings of $10 million cause stir in Yankton, S.D. – Grand Forks Herald
… Dakota, but a winning $10 million Hot Lotto ticket is causing a stir in Yankton … them,” said Janelle Wieseler. “Anytime once in a while I win $10, $20 I feel good, but $10 million? That’s a lot of money,” said Delbert Mendlik.

Does Huntington Beach owe you money? – msnbc.com
HUNTINGTON BEACH-The city is looking for residents and vendors to collect nearly $87,000 in unclaimed money by June 23. The funds have been unclaimed for three years and at midnight on June 23 they will become property of the city. Money owed to …