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Getting Your Own Official Unclaimed Money

Official unclaimed money could be any form of payment or asset like uncashed checks, forgotten back accounts, credit balances, company or utility refunds, gift certificates or even owed money. Most companies and banks with unclaimed properties are subjected by law to forward such assets to the government. Official sources confirm that most of these unclaimed money and properties are actually some highly valuable financial assets. One of the most popular of these is Cash Unclaimed.

Author: Nicole Anderson
Date: Jan 15, 2010 - 11:43:28 PM

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I bet you’ve seen one of the advertisements saying that there’s thousands and millions in official unclaimed money , which perhaps belongs to you. It’s all over the newspapers and the internet. Suddenly, all undisclosed accounts were popping out of nowhere and have no owners.

Recently, it was discovered that the United States government is keeping a huge amount of unclaimed money for several years. According to sources, these assets sum up to at least an estimated 400 billion Dollars worth. The numbers are continuously rising as the officials uncover more records in their archives.

While majority of us instinctively think that this is a scam, studies have actually proven it true. In fact, some paid ads were from state governments like that of Texas.

Official unclaimed money could be any form of payment or asset like uncashed checks, forgotten back accounts, credit balances, company or utility refunds, gift certificates or even owed money. They may be unclaimed for several reasons like sudden change of residence, deceased owners, or simply forgotten due to tight work schedule.

Most companies and banks with unclaimed properties are subjected by law to forward such assets to the government. Skipping over the details, most governments do not alert their citizens regarding this money. But nevertheless, they are open to return it as long as the person asks for it and with proper identification.

Searching for Official Unclaimed Money

Official sources confirm that most of these unclaimed money and properties are actually some highly valuable financial assets. According to the list made by state governments, these cash amounts are owned by private individuals, companies, businesses, and etc. who may have been unable to close some transactions, verify and cash out payment checks, or had a multiple accounts.

The official unclaimed money could also be a left will by a deceased distant relative or properties left by an accident killed kin. The possibilities are endless. But it is never too late to find out if you have indeed left some cash in the past.

In these economic times, having a forgotten account or unclaimed cash in some agency is very rewarding. The recession is yet to lift a finger and the figures are still static.

While the government keeps their records public, it is unlikely to scour and browse each document to see if your name is there. Not only is this time consuming but also, it is very costly to travel here and there to check every state you’ve lived in or conducted business in.

This is perhaps where the beauty of the Internet comes in. Accredited online database search engine sites were launched recently for your convenience. One of the most popular of these is Cash Unclaimed. Sites like Cash Unclaimed make it easier to search records from local to international files. You could browse for accounts for your name or your dead relatives’, company or business.

It is definitely nobody’s fault if one has forgotten some transactions he had done. Now is the time to research and see for yourself. Maybe this will be the answer to your financial needs.

View all articles by Nicole Anderson

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