Go to the
(Part 2 of 2)
Because money is constantly added to the fund, it is important to search regularly, not just one time. Money owed to you could be added tomorrow, or next week, or next month, or depending on the type of property in five years if that is the proper dormancy period. Each kind of property has its own dormancy period in 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 true owner comes forward to claim it.
Further, residents of Illinois may be owed unclaimed funds in other states even if they have never lived in or even passed through them. Items like insurance overpayments when an employer uses an out of state insurance company can cause found money to wind up in other states. Also, issues often arise when corporations are incorporated in another state.
The bottom line is that the state of Illinois is currently home to a massive amount of money that belongs to its residents who just need to learn the correct ways to search, how often to search, and where to search. Learning these search tips from experienced funds locators in this field can greatly enhance your abilities to track down your money.
–
Q: My mother passed away several months ago, and I was the executor. A firm called “Keane” contacted me about the possibility of some
RI residents owed $3M in
Reed's office says residents must claim the
A new YouTube video reveals how an
IMPORTANT: Bing News RSS feed has moved!
Go to the
(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 currently holds almost $1.4 Billion in Illinois unclaimed money. The only thing getting between the cash and its true owners is the knowledge that it's out there waiting to be claimed and the ability to track it down.
Sadly beyond just Illinois, state treasury departments across the country keep on taking in more unclaimed funds annually than they return to the rightful owners. Due to the fact that everyone believes in the old "if it's too good to be true" saying, the majority of people do not believe that there are truly tens of billions of dollars waiting to be claimed across the country. Even for those few who have realized the truth about unclaimed assets, the best way to locate these monies eludes them more often than not.
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're a resident of Illinois then you have even better odds of locating a claim in your name, especially after 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 quite a few more, Illinois lists the following as the most common sources 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. Anyone who has had or knows someone who might have had one of these types of accounts at one time or another is encouraged to search often.
The Illinois State Treasury has handed back more than $432 million since it took over 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 pile of cash will continue to grow.
(to be continued)
–
IMPORTANT: Bing News RSS feed has moved!
Go to the
(Part 2 of 2)
The IL State Treasury has given back more than $432 million since it took over the unclaimed funds program in 1999, $84 million 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 continue to grow.
Due to the fact that money is constantly added to the fund, it's very important to check regularly, not just one time. Money belonging to you could be added tomorrow, or next week, or next month, or depending on the type of property in 5 years if that's the proper dormancy period. Each type of property has its own dormancy period in 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 steps forward to claim it.
Additionally, residents of IL may be owed unclaimed funds in other states even if they have never lived in or even been to them. Things like insurance overpayments when an employer uses an out of state insurance company can result in found money located in other states. Issues often also come up corporations are incorporated in another state.
The bottom line is that the state of IL is currently holding a large amount of money that belongs to its residents who simply 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 greatly enhance your abilities to track down your money.
–
ALBANY — Ever wonder what happens to your nickel deposit whenever you toss a soda can or beer bottle without returning it? Under a bill receiving serious consideration in the state Legislature, most of it would go back into a state fund that …
Marathon Co. Treasurer's Unclaimed Money Could be Yours
The Marathon County Treasurer's Office says its unclaimed money from the state, actually belongs to one lucky taxpayer.
Under law, the
Guess who has
Guess who has
California holding $6 billion in unclaimed money
Could you use a little cash? The state of California is holding $6 billion in unclaimed money, even celebrities' money.
(Part 1 of 2)
In May 2007, IL State Treasurer State Treasurer Alexi Giannoulias stated that the state's "Cash Dash" abandoned asset program currently holds 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 and the knowledge to track it down.
Sadly in addition to IL, state treasury departments across the United States continue to take in more unclaimed funds annually than they return to the people. Because everyone believes in the old "if it's too good to be true" saying, the majority of people do not believe that there are really tens of billions of dollars that can be claimed across the country. Even for the handful who have learned the truth about unclaimed properties, the best way to track these monies down eludes them more often than not.
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're 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 just under 13 million people and there are over 10 million names on the state's IL list.
Although there are quite a few more, IL names the following as the most common types of forgotten funds: 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 accounts at one time or another is encouraged to search regularly.
(to be continued)
–
Calls Pouring In From Residents Looking For Unclaimed Money
A call center is set up to help Mississippi residents find unclaimed money.
Under law, the
Guess who has
Guess who has
Overlooked resources could lead you to unclaimed cash
Sometimes the easiest way to wrangle a few extra dollars is when someone gives them to you for free. That's right: There's approximately $33 billion in unclaimed money out there from old savings accounts, uncashed checks, utility deposits, refunds, rebates, stocks, safe-deposit boxes and inheritances, according to the U.S. Treasury Department and other government agencies.
(Part 2 of 2)
Even though there are many more, Illinois lists the following as the most common sources of forgotten funds: 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. Anyone who has had or knows someone who may have had one of these accounts at some point in the past is encouraged to search regularly.
The Illinois State Treasury has handed back more than $432 million since it took over the unclaimed money program in 1999, 84 million dollars of which was given back 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 always being added to the fund, it is important to check regularly, not just one time. Money belonging to you could be added tomorrow, or next week, or next month, or depending on the type of asset in five years if that is the proper dormancy period. Each type of asset has its own dormancy period in each state, after which state laws require the holder to turn it over to the state who will then hold on to it until the rightful owner comes forward to claim it.
Additionally, residents of Illinois might be owed unclaimed money in other states even if they have never resided in or even been to 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. Issues often also come up corporations are incorporated in another state.
The bottom line is that the state of Illinois is currently holding a large amount of money that is owed to its residents who simply need to learn the correct ways to search, how often to search, and where to search. Learning these search methods from locators with years of experience in this field can give you a boost in your abilities to track down your money.
–
Daniel Vasquez: Beware Florida
which oversees more than $1 billion dollars in
CONSUMER AFFAIRS:
According to the attorney general, while there are a lot of people with
Angelina Jolie, Please Claim Your Cash
What could better surprise than being told you're owed
California holding $6 billion in
SACRAMENTO, Calif. (KGO) — Could you use a little cash? The state of California is holding $6 billion in
Thousands in Unclaimed Cash Could Be Yours
The Virginia Department of the Treasury is participating in a Fairfax workshop to help people collect unclaimed money.
(Part 1 of 2)
In May of 2007, Illinois State Treasurer State Treasurer Alexi Giannoulias announced that the state's "Cash Dash" program is holding nearly 1.4 Billion dollars in Illinois unclaimed money. The only thing getting between the cash and its rightful owners is the knowledge that it is out there and the knowledge to locate it.
Sadly in addition to Illinois, state treasury departments across the nation keep on taking in more unclaimed money each year than they hand back to the people. Because everyone believes in the old "if it's too good to be true" saying, most people do not believe that there are really tens of billions of dollars waiting to be claimed nationwide. Even for the handful who have come to accept the truth about unclaimed properties, the best way to find these monies eludes them more often than not.
The Prairie is State is one of just a few states that is holding over a billion dollars on its own, which means if you are a resident of Illinois then you have even better odds of locating a claim in your name, especially when you factor in that the state has less than 13 million people and there are more than 10 million names on the state's Illinois list.
(to be continued)
–
Thousands in
The Virginia Department of the Treasury has tens of thousands of dollars in
IMPORTANT: Bing News RSS feed has moved!
| | |
