(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 getting between the cash and its rightful owners is the knowledge that it's out there and the knowledge to track it down.

Sadly beyond just IL, state treasury departments across the United States keep on taking in more unclaimed money annually than they return to the citizens. Due to the fact that everyone believes in the old "if it's too good to be true" saying, most people refuse to believe that there are truly tens of billions of dollars that can be claimed nationwide. Even for those few who have realized the truth about unclaimed properties, the best way to locate these monies eludes them most of the time.

The Prairie is State is one of only a few states that holds over 1 billion dollars on its own, and that means that if you are a resident of IL then you have even better odds of tracking down a claim in your name, especially when you factor in that the state has less than 13 million people and there are over 10 million names on the state's IL database.

Although there are quite a few more, IL names the following as the most common types of missing money: credit balances, customer deposits or overpayments, safe deposit box contents, money orders, refunds, paid-up life insurance policies, travelers checks, unpaid wages or commissions, abandoned savings and checking accounts, bonds, stock, un-cashed dividends, mutual funds. People who have had or know someone who might have had one of these accounts at one time or another is encouraged to search often.

(to be continued)

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