Tips On How To Locate Unclaimed Money

The unclaimed money includes stocks, uncashed dividends, savings, checking accounts, wages, pension, tax refunds though there is no central source to look for unclaimed money from the government that you own.

Never fall for scams that pretend to be from the government and offer you to send unclaimed money for the fee. To claim your money owned, you need to simply submit a claim form to the respective state unclaimed money recovery agents holding your funds, and wait for the mail.

Find a specific asset that you might have lost track over the years, for that you may check some free resources like savings bonds, treasury notes or bonds.

unclaimed money

If your money in federal insured bank fails then you may use FDIC unclaimed funds database to locate the balance you own.

If your money in federal insured bank fails then you may use FDIC unclaimed funds database to locate the balance you own. The ratio of money being claimed to incoming unclaimed money is disproportionately high now.

In most cases, the unclaimed property has been reported because of change in residence or workplace. Therefore in absence of standard procedure for closing bank accounts or collecting utility deposits, the residences are the sufferers.

Since they don’t update their new address with agencies where balance amounts and checks could be sent. These undelivered checks and left out balance amounts contributes to the unclaimed property.