December 10, 2008

Searching For IA Unclaimed Funds - Part 2 of 2

(Part 2 of 2)

Iowa is what is known as a "custodial state" in how it handles unclaimed funds. This means that the state never actually takes ownership of missing money, they simply hold them indefinitely until the rightful owner, or a rightful heir (if the owner is deceased), finds and claims them. This is nice because many people are not even aware of the abandoned asset phenomenon yet and those that are generally still do not know the proper way to search. Not having a time period under which a claim must be filed can put minds at ease for people just hearing about these monies.

While the majority of people have still not learned about unclaimed funds, those that have often dismiss it out of hand because they just can't believe that there are really tens of billions of dollars owed to citizens across the nation. The sad truth is, these people allowing their own cynicism to get between them and their money! Divorce, death, clerical errors, and moving without leaving a forwarding address are some of the more common things that cause money to become abandoned, and it's shocking how often tiny things can allow huge amounts of money to slip through the cracks.

Even though there are a number of of people who are aware of unclaimed funds, the vast majority of them do not know where to begin their search. Some people will tell you that you can simply type your name in to any old site boasting a missing money database one time and get a thumbs up or down. This is false. First of all, you need to be sure the list of records comes from the state you intend to search. Next, you have to recognize that each type of unclaimed funds has a unique "dormancy period", or time which must go by before it has to be turned over to the state. Because of this, properties are turned over constantly, so it's necessary to search often, as we can not be certain when the state's official records will be updated.

The the best thing you can do to be sure you're completely informed about how to perform an exhaustive unclaimed funds search is to study how the pros do it, and then put those tips to work for you in your own treasure hunt.

-

Founder of Found Money, Edward Palonek and Santa Claus find people … - PR Urgent

Founder of Found Money, Edward Palonek and Santa Claus find people
PR Urgent - Dec 7, 2008
What a great Christmas gift, finding some of your missing money”, says Palonek. “Foundmoney was the first company to make the national database of unclaimed

Money saving tips-Unclaimed money and property - ABC12.com

Money saving tips-Unclaimed money and property
ABC12.com, MI - Nov 25, 2008
Thousands of people in Michigan do have money coming to them from the state treasury. That's where unclaimed money is sent. "(It) can be money on there from

State to auction contents of unclaimed safe deposit boxes (KOMO Seattle)
Unclaimed jewelry, coins and collectibles such as comics and baseball cards will be auctioned Dec. 18 and 19 at the James G. Murphy auction house in Kenmore.

Come Get Your Money — $266 Million Worth - ABC News

Come Get Your Money — $266 Million Worth
ABC News - Nov 25, 2008
"We want people to get reunited with their money," joked IRS spokesperson Eric Smith. The unclaimed money goes back into the Treasury until its recipients

Do you have unclaimed money? - WPTV

Do you have unclaimed money?
WPTV, FL - Nov 24, 2008
If you’re from another state, Sink says Florida’s website can even link you to other states’ websites in case you have forgotten unclaimed cash sitting in

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December 6, 2008

Searching For IA Unclaimed Funds - Part 1 of 2

(Part 1 of 2)

Iowa is known to the rest of the nation as the place where presidential caucuses are held, but there is more to the Buckeye State than election year political events. There are millions of dollars in Iowa unclaimed money owed to regular citizens who only need to step forward and take back what is rightfully theirs. Iowa and states across the nation keep on taking in millions of dollars in unclaimed funds every year, and the amount taken in easily exceeds the amount given back to the rightful owners. That means that the missing money pile grows larger every day giving greater odds of finding a claim to all searchers.

A program called "The Great Iowa Treasure Hunt", which is handled by the office of State Treasurer Michael L. Fitzgerald, handles Iowa's unclaimed funds. According to The Great Iowa Treasure Hunt's web site, the most common types of abandoned assets include (but are not limited to): stock certificates and dividends, uncashed checks, insurance dividends, safe-deposit boxes, utility refunds, dormant bank accounts, unclaimed wages. Iowans who have or have had one or more of these kinds of accounts have an excellent chance of finding cash owed to them, and are urged to search regularly.

(to be continued)

-

Founder of Found Money, Edward Palonek and Santa Claus Find People … - Free Press Release Center (press release)

Founder of Found Money, Edward Palonek and Santa Claus Find People
Free Press Release Center (press release), Canada - 23 hours ago
What a great Christmas gift, finding some of your missing money', says Palonek. 'Foundmoney was the first company to make the national database of unclaimed

Website Helps Police Auction Unclaimed Property - WCCO

Website Helps Police Auction Unclaimed Property
WCCO, MN - 2 hours ago
"And when it can help me in my job and save some money, it's a win-win for me," he added. Most people wouldn't know what it was, but Hawkins recognized a

Unclaimed Money To Rise To RM95 Million This Year - Bernama

Unclaimed Money To Rise To RM95 Million This Year
Bernama, Malaysia - Dec 4, 2008
KUALA LUMPUR, Dec 4 (Bernama) — The amount of unclaimed money under the Unclaimed Money Registry is expected to go up to RM95 million this year,

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December 2, 2008

Search for Unclaimed Funds in IA - Part 2 of 2

(Part 2 of 2)

Even though there are a handful of people who do know about unclaimed property, the vast majority of them do not know where to begin their search. Some people will claim that you can just put your name in to any web site claiming to have a found money database one time and get a yes or no answer. Not true. For starters, you need to be certain that the list of records comes from the state you hope to search. Next, you need to recognize that each type of unclaimed property has a unique "dormancy period", or time which must pass before it has to be handed over to the state. Because of this, properties are handed over all the time, so it's necessary to search frequently, as we can not be certain when the state's official records will be updated.

The best way to be sure you're fully informed about how to perform a thorough unclaimed property search is to study how the pros do it, and then put those tactics to work for you in your own search.

-

State To Auction Unclaimed Jewelry, Coins (WCVB Boston)
Just in time for Christmas, the state is planning to auction off thousands of dollars worth of unclaimed property that's been abandoned in safe deposit boxes across Massachusetts.

IRS has unclaimed money - Liberty Vindicator


KCBS
IRS has unclaimed money
Liberty Vindicator, TX - Nov 8, 2008
To view a list of Liberty County residents who have unclaimed money, visit www.thevindicator.com starting Sunday evening.
Millions in Tax Refunds, Rebates Unclaimed WalletPop
105 stimulus checks for Racine County residents are unclaimed Journal Times
IRS Has Unclaimed Checks for 107 County Residents Cape May County Herald
TMCnet
all 36 news articles

Come Get Your Money — $266 Million Worth - ABC News

Come Get Your Money — $266 Million Worth
ABC News - Nov 25, 2008
"We want people to get reunited with their money," joked IRS spokesperson Eric Smith. The unclaimed money goes back into the Treasury until its recipients

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November 28, 2008

Search for Unclaimed Funds in IA - Part 1 of 2

(Part 1 of 2)

Iowa is known to the rest of the nation as the state where early presidential caucuses take place, but there's more to the Buckeye State than election year political events. There are millions of dollars in Iowa unclaimed money owed to average citizens who only need to come forward and claim what technically already belongs to them. IA and states across the nation keep on taking in millions of dollars in unclaimed property every year, and the amount taken in easily exceeds the amount given back to the rightful owners. This means that the lost money pile grows bigger every day providing better odds of tracking down a claim to all citizens.

A program called "The Great Iowa Treasure Hunt", which is managed by the office of State Treasurer Michael L. Fitzgerald, handles IA's unclaimed property. According to The Great Iowa Treasure Hunt's website, the most common types of missing money include (but are not limited to): dormant bank accounts, utility refunds, uncashed checks, unclaimed wages, safe-deposit boxes, insurance dividends, stock certificates and dividends. Iowans who have or have had at some point one or more of these types of accounts have a terrific chance of finding money owed to them, and are encouraged to search often.

IA is what is known as a "custodial state" in how it handles unclaimed property. This means that the state never takes ownership of forgotten funds, they just hold them indefinitely until the rightful owner, or a descendant (if the owner is deceased), finds and claims them. This is great because many people aren't even aware of the abandoned asset phenomenon yet and those that are usually still do not know the right way to search. Not having time constraints on when a claim must be filed can put minds at ease for those just learning about these properties.

While the majority of people have still not learned about unclaimed property, those that have often dismiss it out of hand because they simply can't accept that there are really tens of billions of dollars owed to citizens across the nation. The sad truth is, these people are letting their own cynicism stand between them and their money! Clerical errors, moving without leaving a forwarding address, divorce, and death are some of the more common reasons that money is abandoned, and it is surprising how often little things can allow massive amounts of money to slip through the cracks.

(to be continued)

-

Last call for free money: 279,000 stimulus checks unclaimed (CNNMoney.com via Yahoo! Finance)
Never got that stimulus check in the mail? It might be as simple as a wrong address, and the IRS deadline to fix the error is today.

Rents up in New Orleans while $846m sits unclaimed - The Associated Press


The Associated Press
Rents up in New Orleans while $846m sits unclaimed
The Associated Press - Nov 24, 2008
So far, it has put money in the hands of only 352 landlords. The hurdles have been its flawed implementation, limited financial resources among applicants,

State May Take Unclaimed Bottle Deposits (Eyewitness News 3 Hartford)
Gov. M. Jodi Rell is proposing that state government take control of the millions of dollars in bottle and can deposits that soda and beer drinkers in Connecticut leave unclaimed each year.

Come Get Your Money — $266 Million Worth - ABC News

Come Get Your Money — $266 Million Worth
ABC News - Nov 25, 2008
"We want people to get reunited with their money," joked IRS spokesperson Eric Smith. The unclaimed money goes back into the Treasury until its recipients

Do you have unclaimed money? - WPTV

Do you have unclaimed money?
WPTV, FL - Nov 24, 2008
If you’re from another state, Sink says Florida’s website can even link you to other states’ websites in case you have forgotten unclaimed cash sitting in

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November 25, 2008

Search for Lost Money in Iowa - Part 2 of 2

(Part 2 of 2)

While the majority of people have still not heard of unclaimed property, those that have often dismiss it out of hand because they just cannot accept that there are really tens of billions of dollars owed to citizens across the nation. The sad truth is, these people are letting their own cynicism stand between them and their money! Death, divorce, moving without leaving a forwarding address, and clerical errors are some of the most common reasons that money is abandoned, and it's shocking how often little things can allow massive amounts of money to slip through the cracks.

While there are a handful of people who are aware of unclaimed property, the vast majority of them don't know where to begin their search. Some people will claim that you can simply type your name in to any old site boasting a found money database one time and get a yes or no answer. This is false. For starters, you need to be sure the list of records comes from the state you intend to search. Next, you need to be aware that each type of unclaimed property has its own unique "dormancy period", or time which must pass before it must be turned over to the state. Because of this, properties are turned over constantly, so it is necessary to search frequently, as we can never be sure when the state's official records will be updated.

The best way to be sure you're fully educated about how to perform a thorough unclaimed property search is to study how the experts do it, and then put those tips to work for you in your own search.

-

IRS has unclaimed money - Liberty Vindicator


KCBS
IRS has unclaimed money
Liberty Vindicator, TX - Nov 8, 2008
To view a list of Liberty County residents who have unclaimed money, visit www.thevindicator.com starting Sunday evening.
Millions in Tax Refunds, Rebates Unclaimed WalletPop
105 stimulus checks for Racine County residents are unclaimed Journal Times
IRS Has Unclaimed Checks for 107 County Residents Cape May County Herald
TMCnet
all 36 news articles

Man's Suspicious Request About Unclaimed Money Prompts Warning - Hartford Courant

Man's Suspicious Request About Unclaimed Money Prompts Warning
Hartford Courant, United States - Nov 10, 2008
The reports list names and addresses of people who are owed unclaimed money, and sometimes Social Security numbers. That raises concern about the potential

Rents up in New Orleans while $846m sits unclaimed (AP via Yahoo! News)
The four-unit shotgun house that Sandra Marshall bought after decades of double shifts has sat untouched since the flooding of Hurricane Katrina, while nearly $850 million in federal aid for her and thousands of other mom-and-pop landlords sits on a bureaucratic shelf.

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November 21, 2008

Search for Lost Money in Iowa - Part 1 of 2

(Part 1 of 2)

Iowa is known to the rest of the country as the state where presidential caucuses are held, but there is more to the Buckeye State than election year political events. There are millions of dollars in Iowa unclaimed money owed to average citizens who only need to come forward and take back what technically already belongs to them. Iowa and states across the nation continue to take in millions of dollars in unclaimed property each year, and the amount taken in consistently outpaces the amount returned to the rightful owners. That means that the missing money pile grows bigger each day providing greater odds of finding a claim to all citizens.

A program called "The Great Iowa Treasure Hunt", which is handled by the office of State Treasurer Michael L. Fitzgerald, deals with Iowa's unclaimed property. According to The Great Iowa Treasure Hunt's website, the most common types of forgotten funds include (but are not limited to): dormant bank accounts, utility refunds, uncashed checks, unclaimed wages, safe-deposit boxes, insurance dividends, stock certificates and dividends. Iowans who have or have had at some point one or more of these kinds of accounts have an excellent chance of discovering cash owed to them, and are encouraged to search regularly.

Iowa is what is called a "custodial state" in how it handles unclaimed property. This means that the state never takes ownership of missing money, they simply hold them indefinitely until the rightful owner, or a rightful heir (if the owner is deceased), finds and claims them. This is nice because many people are not even aware of the lost money phenomenon yet and the few that are generally still don't know the proper way to search. Not having time constraints on when a claim must be made can put minds at ease for those just hearing about these monies.

(to be continued)

-

Man's Suspicious Request About Unclaimed Money Prompts Warning - Hartford Courant

Man's Suspicious Request About Unclaimed Money Prompts Warning
Hartford Courant, United States - Nov 10, 2008
The reports list names and addresses of people who are owed unclaimed money, and sometimes Social Security numbers. That raises concern about the potential

Beware Of Gift Card 'Gotchas' - Forbes

Beware Of Gift Card 'Gotchas'
Forbes, NY - 1 hour ago
Many states have laws that deem unused gift cards abandoned property, which if left unclaimed for a certain period, can be taken into the state treasury's

NH Habitat for Humanity chapters get $134000 - Fox44 News

NH Habitat for Humanity chapters get $134000
Fox44 News, Vermont - 3 hours ago
The $300000 settlement specified that the unclaimed funds go to Habitat for Humanity, which builds homes for needy families. Manchester Habitat for Humanity

Unclaimed Property May Be Waiting For You - KMBC.com

Unclaimed Property May Be Waiting For You
KMBC.com, MO - Nov 18, 2008
Chances are that you or someone you know does have money. Flink reported that unclaimed property lists are constantly updated. Even if you've checked before

Unclaimed Property: tracking down what's yours - WKOW-TV.com

Unclaimed Property: tracking down what's yours
WKOW-TV.com, WI - Oct 31, 2008
Sass says they've had seven internet auctions on eBay so far, sometimes making as much as $15000, which goes into the state's unclaimed money account.

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November 17, 2008

Search For Iowa Unclaimed Assets - Part 2 of 2

(Part 2 of 2)

Iowa is what is called a "custodial state" in how it handles unclaimed money. This means that the state never takes ownership of forgotten funds, they simply hold them indefinitely until the true owner, or a descendant (if the owner is deceased), locates and claims them. This is nice because a lot of people aren't even aware of the lost money phenomenon yet and those that are generally still do not know the proper way to search. Not having a time period under which a claim must be made can put minds at ease for those just learning about these monies.

While the majority of people have still not learned about unclaimed money, those that have often dismiss it immediately because they simply can not accept that there are literally tens of billions of dollars owed to citizens across the nation. The sad reality is, these people allowing their own cynicism to get between them and their money! Death, divorce, moving without leaving a forwarding address, and clerical errors are some of the more common reasons that money is abandoned, and it's shocking how often tiny things can allow large amounts of cash to slip through the cracks.

Even though there are a handful of people who do know about unclaimed money, the vast majority of them do not know where to start their search. Some websites will claim that you can just type your name in to any old site boasting a missing money database one time and get a yes or no answer. This is false. For starters, you need to be certain that the list of records comes from the state you are trying to search. Next, you need to recognize that each type of unclaimed money has its own unique "dormancy period", or time which must go by before it must be turned over to the state. Because of this, properties are handed over constantly, so it is necessary to search regularly, as we can not be sure when the state's official records will be updated.

The the best thing you can do to be sure you are fully informed about how to perform a thorough unclaimed money search is to learn how the pros do it, and then put those tips to work for you in your own search.

-

Thousands of Dollars Unclaimed - WEEK-TV

Thousands of Dollars Unclaimed
WEEK-TV, IL - 22 hours ago
A lotto ticket worth $100000 was purchased at a Kroger store in Peoria, but the money has not found anyone's bank account just yet.

Free Money Is Often Neither - Consumer Affairs


Consumer Affairs
Free Money Is Often Neither
Consumer Affairs - Nov 2, 2008
In fact, Nebraska officials have lately found themselves literally unable to give money away. They've sent letters to Cornhuskers telling them of unclaimed

Father, son give dignified last journey to unclaimed bodies (Calcutta News)
It is a difficult, low paying job that most would shy away from, but Bangalore-based Mahadeva has made giving a decent burial to unclaimed bodies his life's work. And now the legacy has been passed on to his son, Praveen Kumar.