If you live or have ever lived in Texas there is a good chance you may have unclaimed money. In Texas alone, there is over $4 billion in unclaimed money and unclaimed property just waiting to be claimed. According to the Texas Comptroller Glen Hegar, his office returned over $281 million in unclaimed money to its rightful owners in the 2016-17 fiscal year.
You can call the Texas Comptroller’s office 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 unclaimed property, information for holders, links to other related sites and contact info. Be aware that Texas charges a 1.5% fee on claims over $100.
What is Unclaimed Money?
Unclaimed money is the popular term for unclaimed property. Unclaimed property is defined, as “monetary or physical assets which have become separate from their rightful owners over time.” Another term often used is unclaimed funds as well as missing money. Searching for this unclaimed property isn’t always easy. Be sure to look up relatives and use maiden names. Click Here for a full list of search strategies.