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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.

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

 

Unclaimed Money Returned in 2015 Hits $136 Million in Pennsylvania

Unclaimed Money Returned in 2015 Hits $136 Million in Pennsylvania

Some residents of Pennsylvania are a little richer in 2015 thanks to the state’s efforts to return unclaimed money and unclaimed property to its rightful owners.  It was a record $136 million in missing money returned.  According to an article published in Yahoo Finance, State Treasurer Timothy Reese said,

“Approximately one in ten Pennsylvanians have unclaimed property and Treasury’s goal is to reconnect as many people as possible with property and funds that are rightfully theirs. By all accounts 2015 was a record year.”

“Our claims process and call center staff make claiming property as easy and seamless as possible. While there is no time limit to claim unclaimed property, all Pennsylvanians should regularly check to see if Treasury has property that belongs to them.” 

While it was a record year for the keystone state in returning money, it was also a record for collecting unclaimed money.  In 2015 Pennsylvania collected over $672 million.  Since July 1st 2005 the treasury department of Pennsylvania has returned a staggering $1.1 billion!

The website has search results portray the name, city, source of unclaimed money, and some idea how of the amount held.  Their site also offers additional information on their online auction, unclaimed property law and community outreach events.

PA State Unclaimed Money Page