Keep Your Cash

Friday, January 06, 2006

Find Missing Money

Bank accounts, insurance payments, dividends, stocks, utility deposits or other intangible property usually become unclaimed assets because of a change of address. A company or government wasn't notified and was unable to locate the owner of the unclaimed property. As required by law, the unclaimed money was turned over to the state and added to the state databases. But its still your money and the states want to find you.

The states have implemented active outreach programs designed to reunite unclaimed property owners with their lost or forgotten assets. To enhance the states' outreach efforts, MissingMoney.com, a national database, was established in November 1999 and is the only database endorsed by the National Association of Unclaimed Property Administrators (NAUPA). MissingMoney.com enables owners to perform comprehensive searches for lost assets required by law to be turned over to the states.

I recently did a search and found $105. Dont be fooled by sites that charge from 10 to 15 percent to do this free search. it is estimated that there are billions of unclaimed property in the hands of the states. The states earn interest on your money until its claimed. I hope you find Money.

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