You, your family members, your relatives and even your friends may be owed unclaimed money!! Then onwards, the money becomes unclaimed funds. The irony is that most of the individuals have no idea that they are owed unclaimed money. Unclaimed cash has to be searched for and recovered.
Saving accounts is not the only source of unclaimed money. The dividends that have not been claimed by you yet can become unclaimed money. Even alimony or child support payments can lead to creation of unclaimed money. The state and the federal agencies have created individual searchable databases for individuals who want to search for unclaimed money. This single database is the solution to your problem of unclaimed money. Simply rejoicing that you are owed unclaimed money is not sufficient. Once you have found the money owed to you, claiming the same is very easy. If you are owed multiple unclaimed money accounts, you will have to file multiple claims.
What exactly is this money? The money is the nation’s unclaimed money. Unclaimed money comes into existence from many different sources. To recover the money owed to you, you must search the unclaimed money databases to find all instances of money owed against your name. How to find unclaimed money? When searching for money owed to you, search for money owed to your family and friends as well.
The money that is being held is unclaimed money. Search whether unclaimed money is owed to you or is owed to your aliases. Your search for a comprehensive unclaimed money database ends at www.cashunclaimed.com. All those who conduct a search for unclaimed money should not only recover the money owed to them but should also search for money owed to their family members as well.
If you have received communication indicating that you may be owed unclaimed money by an individual offering to recover your unclaimed money at a hefty cost, then you are not the only one to have received such an offer. Unclaimed money recovery services are regulated by the law. The money is paid for the efforts of the individual to bring the existence of proof of unclaimed money to the individual. Searching for unclaimed money is very simple. The first thing to do is to search an unclaimed money database. If the database searches details of unclaimed money from all state and federal databases, then that is the database that you ought to be using. You may still be owed unclaimed money.
The basic purpose of searching for unclaimed money is to find ALL the MONEY owed to you. Most of the searches for unclaimed money are done by keying in the name and searching for unclaimed money owed against the name. Bradford Jones may be owed money under the name of Brad Jones and searching for money reported under the legal name only will not cover the accounts reported under Brad Jones. Most of the individuals searching for unclaimed money err in limiting their search to just the state databases. Search for money owed to family members and friends as well.
Why is the problem of unclaimed money spiraling out of control? Majority of the Americans have not considered searching for unclaimed money. The end result is that millions are owed unclaimed money. The problem of unclaimed money is not mere hype generated by businessmen. The institutions hand over all monies that become unclaimed funds to the State. The money is then held by the government as unclaimed money. Forget any one item and the money becomes unclaimed money.
Ever wondered how the government amassed billions in unclaimed money? You may be thinking, 'I have never forgotten about money owed to me’. That is probably what the millions of other people owed unclaimed money are thinking.
Are you aware there is over $35 BILLION in unclaimed money in the United States and some of it is unclaimed inheritance? This money sits in the state or federal unclaimed money pools until the rightful owner claims it.
The money is unclaimed money owed to you and the residents of the State. Many unclaimed money checks do not exceed $50-$100. The largest claim for unclaimed funds in Maine exceeds two hundred thousand dollars. Forgotten stocks.
This results in the saturation of this pending money known as the owed unclaimed money. Many people tend to refer the states site for the relevant information. The state sites are said to have money information that are only from their states. Also, many federal unclaimed money databases are not searched by the sites sponsored by the state sites. Other than the state sites, there are various other quality sites that offer a search from over 50 states and federal database. One can opt for a pay site, once he has confirmed his name in the owed unclaimed money list.
There are over 50 million people that are owed unclaimed money. After the money is considered abandoned it is turned over to the correct Federal or State government due to “escheat laws” or unclaimed money state and federal laws requiring businesses to turn over unclaimed money after a period of time has elapsed.
Every year 20+ billion dollars goes unclaimed in the United States. Millions of Americans are owed this money but either don’t know it exists or don’t know how to find it. Here are 7 things everyone needs to know about unclaimed money:
The websites of the States restrict themselves to just the details of that particular state. It is not necessary that you should be owed unclaimed money in the state in which you reside. In short, the State owes money even to itself. Ideally, the State ought to advertise and announce the existence of unclaimed money so that the same can be claimed.
By the time you finish reading this you will be able to find you and your family hundreds, if not thousands, of dollars. This money is not loans or scams, it is money owed to them. It takes no real work or divulging personal information on questionable sites. The money is unclaimed money owed to you and your family.