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These funds are being safeguarded in federal & state government accounts.
Another way to look at this to get the scale of unclaimed money available is this: 7 of every 10 Americans have unclaimed property or funds being held in government accounts.
Estimates put the volume of these funds to be over $50 Billion Dollars!
Where does all this money come from?
This unclaimed money comes from protected Government sources. The funds are held in the treasury accounts of the state governments and the Federal government.
This is an example of the government actually trying to give you your unclaimed money and lost funds.
Here is a list of some of the sources of Unclaimed Money:
Oprah Talks About Unclaimed Cash!
Miracle Unclaimed Money Story!
One incredible day, Daniel DeMeuse woke up to discover that he was $28,000 richer than when he went to bed the night before. Daniel, 54, an artist from Wisconsin, didn’t know it but a very close friend had left him the money 10 years earlier. But Daniel didn’t know anything about it because of the slow probate of the will. That is, not until the funds had gone to the Office of the State Treasurer, who informed him of his windfall, $28,000.00 in Unclaimed Funds.
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|Unclaimed Money Could Be Waiting For You To Claim It.
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It is estimated that 9 in 10 Americans are owed cash that sits unclaimed
year after year. So, it’s quite likely that some of this money belongs
to you. The question is how much?
You can find millions of dollars
in unclaimed money, property, accounts and assets from many states that
could belong to you.
Enter your first and last name in the form above. We will search our entire lost money database
and return the amount of unclaimed money we locate which may belong to you.
Unclaimed Money Definition
The term Unclaimed Money is a broad and general term used to encompass lost, misplaced or abandoned cash, jewels, general property, stocks etc. These terms cover legal categories of common law. Which is focused and deals with personal property That is no longer in the hands of the actual and real owner of the property but which has not been given over or ceded to another owner. Personal property can be considered lost, mislaid or abandoned under many different scenarios and circumstances and these are specifically defined by the federal and State governments involved.
You can find an enormous amount of information at the Federal governments own website:
Information like this:
What Is Unclaimed Money?
If the government owes you money and you do not collect it, then it’s unclaimed. This can also happen with banks, credit unions, pensions, and other sources.
Beware of unclaimed money scams. There are people who pretend to be the government and offer to send you unclaimed money for a fee. Government agencies will not call you about unclaimed money or assets. Learn how to spot these types of scams.
Where to Look for Unclaimed Money
Currently, the government does not have one website for finding unclaimed money by name, Social Security number, or state. To find it, you’ll need to visit each site separately and perform a search.
The following Information is from the Federal Government website : http://www.consumer.ftc.gov
How to Recognize an Imposter
You get a call from someone claiming to be a government official, informing you that you’ve won a federally supervised lottery or sweepstakes. They may say they’re from “the national consumer protection agency,” the non-existent National Sweepstakes Bureau, or even the Federal Trade Commission – and it looks like they’re calling from a legitimate number.
They tell you that you’ll have to pay a fee in order to collect your winnings, to cover things like taxes or service charges. You may be asked to send money to an agent of “Lloyd’s of London” or some other well-known insurance company to “insure” delivery of the prize. And you’ll be asked to wire money right away, often to a foreign country.
To make their call seem legitimate, scammers use internet technology to disguise their area code. It may appear that they’re calling from Washington, DC, but they could be calling from anywhere in the world. They also might send e-mails, text messages, and letters.
In reality, no government agency or insurance company is involved, and there are no winnings. Scammers take the money you paid in fees and disappear.
Reports from CNN Money:
Millions of Americans are missing out on billions in forgotten cash.
Currently, states, federal agencies and other organizations collectively hold more than $58 billion in unclaimed cash and benefits. That’s roughly $186 for every U.S. resident. The unclaimed property comes from a variety of sources, including abandoned bank accounts and stock holdings, unclaimed life insurance payouts and forgotten pension benefits.
Link to full article: http://money.cnn.com/2013/01/24/pf/unclaimed-money/index.html
Unclaimed Savings Bonds ?
This is one of the easiest sources of Unclaimed money simply because of the nature of the Savings Bonds.The main problem is that they take 30 to 40 years to mature. Your parents, grandparents or (depending on your age) Great grandparents could have purchased Savings bonds that were never claimed because no one knew about them!
Mutilated Currency ?
If you’ve somehow damaged your money don;t fret. You can get it replaced!
Here are the contact numbers for looking into how to replace mutilated Money;
Bureau of Engraving & Printing
MCD/OFM, Room 344A
P.O. Box 37048
Washington, DC 20013
Non Postal Couriers, i.e. FEDEX/UPS:
Bureau of Engraving & Printing
MCD/OFM, Room 344A
14th and C Streets SW
Washington, DC 20228
Telephone Contact Numbers:
(866) 575-2361 (toll-free)
Indiana Unclaimed cash or Unclaimed Money
Here are the steps to determine if you have money held by the Indiana Attorney General for unclaimed judgments in Marion County:
2. Follow their website’s directions for entering your information
and searching their database.
3. If there’s a match for funds held by the Marion County courts, it will notify you in the ‘special cases’ section at the bottom of the page.
4. Please call the number to our office that is provided on their site - (317) 327-4668 – only if the funds are being held by Marion County courts. You can also email email@example.com to learn more.
5. Our office will mail you the proper paperwork to begin processing your claim or you can download the form here.
6. After receiving your paperwork, our staff will research your claim and process accordingly.
7. This process should be completed within 90 days.
Can the Federal Government Find Unclaimed Money for Me?
No. No agency or employee of the U.S. Federal Government can or will help you recover unclaimed property.
“There is no government-wide, centralized information service or database from which information on unclaimed government assets may be obtained. Each individual Federal agency maintains its own records and would need to research and release that data on a case-by-case basis.” – United States Treasury Department
Each state handles the reporting and collection of unclaimed property and each state has its own laws and methods for recovering unclaimed property
Estimates say that one in four Texans probably have unclaimed money or cash or funds from bank accounts, checks, utility deposits and refunds.
Texas has more than $2,600,000,000 (that’s billion folks!) in cash and other property held in trust until the real owbners come forward to claim it.
COME AND GET IT!
Last year, 2012, Texas found and reunited owners with over $159 million!
Money has been found in the streets of Indianapolis. About one year ago, another “lost money” story made the news. apparently 3 bags of money fell out of the back of an armored truck. Believe it or not the bags just sat in the middle of the downtown street for quite awhile WOW!Soon though traffic ripped the bags to pieces and $20 bills were scattered all over the street Causing quite a dangerous situation as people tried to grab the money. Finally the police were called because of the insanity of the situation. All said there was nearly $2,000,000.00 worth of cash. Of course that is taking into account the $20k that was scattered !
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