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What is Unclaimed Money?

Unclaimed money (also referred to as unclaimed property and unclaimed funds) – are personal assets that, for a variety of reasons, have become separated from their owners.

UnclaimedMoney.org is your free source for information on the tens of billions of unclaimed money and unclaimed property being held today in state and federal unclaimed accounts. By clicking on the “Search Your State” link you can freely search your state data base for unclaimed funds.  If you want to learn more about the subject matter of unclaimed property in general and require a more comprehensive search strategy, Check out our “What is Unclaimed Money” section.  Here are some basic tips:

1. Search for Everyone – family (living and non-living), friends, and names of businesses.

2.  Search for maiden names and common misspellings of your name.

3. Aside from state data bases – there is over $16 billion sitting in federal coffers waiting to be found. Remember those savings bonds you got when your were young ? Do you know where they are?

In total there’s well over $50 billion awaiting claim in both state and federal data bases!

Some examples of unclaimed money may include:

          • Stocks
          • Insurance policies
          • Un-cashed money orders
          • Forgotten about accounts
          • Insurance policies

A good portion of all unclaimed money is held by individual states. New York, for instance, now holds over $11 billion in unclaimed money in roughly as many as 23 million accounts. Pennsylvania has $1.5 billion and New Jersey holds at least $1 billion as well. Smaller states such as Maine list lesser amounts – $131 million in 42,000 accounts.

The collection, management, and efforts to find rightful property owners is a business in and of itself. In general a state collects more unclaimed money than they return to rightful property owners through the course of one fiscal year. It takes a significant bureaucracy to enforce laws that govern the collection of unclaimed money and to devise and implement strategies to find rightful property owners. In New York as well as other states boast that the amount of money returned is expanding. For example, in 2008 NY returned $194 million to property owners – a $25 million increase over money returned in 2007. Unclaimed money is a win win situation for all involved and there’s money to be had for those on both sides, you just have to know where to look. This site is dedicated to helping you find missing funds.

Disclaimer:

  • Burke Networks, LLC is not responsible for any claims resulting from this site.
  • Burke Networks, LLC and UnclaimedMoney.org are not associated with any state or federal organization.
Over 1,100 San Diego County Residents Have Unclaimed Money

Over 1,100 San Diego County Residents Have Unclaimed Money

There are over 1,100 residents of San Diego County with Unclaimed Money, According to NBC San Diego.  The total amount to be claimed is over $350,000 and the average claim is $320.  Here is more from the article:

The refund amounts up for grabs range from $10.01 to $13,416.44, according to a news release from the Treasurer-Tax Collector’s Office. The average refund amount is $320.

Any county money left unclaimed for three years and property tax refunds unclaimed for four years will be handed over to the county’s general fund.

California reports $7 billion in unclaimed property belonging to approximately 11.6 million individuals and organizations. They have periodic auctions to distribute tangible property such as found in a safe deposit box. Their office provides unique service that sends out notices warning funds when funds are about to become unclaimed, and when properties have been sent to the state. The names of unclaimed property owners appear periodically in state newspapers. California has no time limit for an owner or heirs to claim their property.  A Locator Unit division aggressively seeks to identify owners of unclaimed property. Their web site offers a searchable database which is updated frequently.

California State Page

Tennessee Has Over $720 Million in Unclaimed Money

Residents of the state of Tennessee could be a little richer.  According to the State Treasurer Tennessee has over $720 million in unclaimed money and property.  This is a very well organized site with an online unclaimed money search that displays the owner name, property type, holder, and amount. In addition the site offers a section documenting the “what, how, why and when” of unclaimed money.

In addition to you finding them, the division actively seeks to reunite you with your unclaimed money by mailing a claim forms to your place of work, last know address and more. This site posts info for holders. We rate this as one of the best state sites we’ve seen!

Tennessee WATE article

 

Tennessee State Page

Unclaimed Money Total In Texas Is Over $4 Billion

Unclaimed Money Total In Texas Is Over $4 Billion

Ever Lived in Texas?  If so make sure to search and see if you are owed part of the $4 Billion in unclaimed money and unclaimed property.  Since this program’s inception over 60 years ago, the Texas Controller’s office has returned over $2 Billion in unclaimed property to Texans.

Each year the Controller’s office returns more unclaimed money than its previous year and this fiscal year they have reunited over $197 million in missing money.

Where to Find Unclaimed Money

Texas offers a searchable database for unclaimed funds and is updated daily. You can also call and ask for their department to search (up to 3 searches per call).

Their site has an FAQ section, instructions for how to file a claim for missing money, information for holders, links to other related sites and contact info. Be aware that Texas charges a 1.5% fee on claims over $100.

Click Here for the Texas State Page

Click Here for an article on Houston, Texas’ Unclaimed Money