May 16, 2012

Search for Lost Unclaimed Money in Oregon – Part 2 of 2

(Part 2 of 2)

Each type of property can be classified as "unclaimed" after it has been deemed abandoned. To be deemed abandoned, the asset must sit inactive for a period of 1, 2, 3, or 5 years, or in less common cases, 7 or 15 years (for money orders and traveler's checks, respectively). Generally speaking though, 1 to 5 years is general dormancy period range for most of these monies. Once the dormancy period has passed, the holder is required to pass the missing money along to the state, which then holds on to it until the actual owner is able to find it.

The reasons that it is hard to reunite unclaimed property with the rightful owners are numerous, but they usually all come down to a lack of knowledge about where and when to search. While a lot of web sites might claim to be "official" or say they have a complete database, very few actually provide legitimate records, and even the official state listings are quite unreliable. Once a claim is turned over to the state, an employee at the state has to physically add the record in to the missing money list, but this is not done instantaneously, so it's good practice to check the database often. Additionally, because of all the differing dormancy period lengths, a person might perform a search on a given day and then give up if they find no records, when if they had just searched again the year after they may have discovered a large claim that just happened to have a lengthier dormancy period.

When looking for lost money, there is more to it than just typing a name in to the search box of any old website. Issues that plague rookie searchers are easy to circumvent, but far too many go out on their own and are not able to track down money that is owed to them, which is why the totals get bigger continually all across the nation. Spending a little time studying expert search practices can greatly increase the chances of filling our wallets with money we didn't even realize we had.

Missouri City working to refund forgotten
The “Show Me City” has hundreds of dollars in

Verbatim: Millions in

States Giving Away Millions In
Kentucky, Indiana and Ohio are holding onto more than $2 billion that they would love to give away, and some of that

Millions in
More than $400 million belonging to Nevada residents remain

AG speaks about unclaimed property
Millions of dollars in unclaimed property is sitting in the state's hands waiting for residents to claim their rightful property.

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May 12, 2012

Search for Lost Unclaimed Money in Oregon – Part 1 of 2

(Part 1 of 2)

The Beaver State is known for being the home of the huge, 11,000 foot Mt. Hood, but it is home to one lesser known mountain that is likely of greater interest to OR residents. Currently, Oregon unclaimed money has reached more than 250 million dollars. That's right, more than a quarter of a billion dollars, owed to over 1 million people. This translates in to about 30% of the population, which means the odds that any given person is due a chunk of this money are 1 in 3.

Every year, the state of OR takes in between 30 and 40 million dollars in unclaimed property, but only gives back about 10 million dollars to the rightful owners. Since the owners of the other $20 to $30 million were not located, that money gets added to the total, so that $250 million will obviously grow. While it may be tough to believe that 1 in 3 OR residents are owed a claim, these monies really come from sources that we all use everyday. The OR Department of State Lands describes some of the most common sources as follows:"Unclaimed property includes savings accounts, checking accounts, unpaid wages or commissions, stocks, dividends proceeds, refunds, money orders, paid-up life insurance policies, utility deposits and contents of safe deposit boxes."

(to be continued)

Nevada has unclaimed money for Harry Reid, Brian Sandoval, Steve Wynn, billonaire Sheldon Adelson
Yo! Gov. Brian Sandoval! The state of Nevada is looking for you — and thousands of others with money and precious treasurers being held by the state's Unclaimed Property Division.

Unclaimed Idaho Lottery prizes really add up
BOISE — With the recent $650 million Mega Millions jackpot a lot of us started dreaming about what we'd do with all that money.  But every year in Idaho some people just need to wake up to realize that they are winners.  For whatever reason, they never claim their prizes.  That unclaimed money really adds up.  "Over the last two years we've had about $6 million go unclaimed from lottery tickets …

Daily Deals: The Very Real Risks From
Bluntly: when daily deals expire, who gets to keep the


You've probably experienced it, and if you haven't, you're missing out on one of life's minor pleasures: unexpectedly finding a $20 bill in the pocket of an article of clothing you haven't worn since last year. On a larger scale, people get …

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May 9, 2012

Search for Forgotten Funds in Oregon – Part 2 of 2

(Part 2 of 2)

The reasons that it is difficult to reunite unclaimed property with the true owners are numerous, but they usually all come down to a lack of understanding about when and where to search. While many web sites might claim to be "official" or insist they offer a complete database, very few actually provide legitimate listings, and even the actual state records are quite unreliable. Once a claim is passed along to the state, a worker at the state has to physically add the record in to the abandoned assets database, but this is not done immediately, so it is good practice to do a search regularly. Additionally, because of all the varying dormancy period lengths, a person might perform a search one day and then end their search if they find no records, when if they had only searched again the year after they may have discovered a significant claim that just happened to have a lengthier dormancy period.

When searching for lost money, there is a bit more to it than simply entering a name in to the search box of any old web site. Obstacles that plague rookie searchers can be easy to circumvent, but far too many go out on their own and are unable to track down money that is owed to them, which is why the totals get bigger continually all across the country. Spending a little time studying expert search techniques can greatly increase the chances of filling our wallets with money we didn't even realize we had.

Nevada has unclaimed money for Harry Reid, Brian Sandoval, Steve Wynn, billonaire Sheldon Adelson
Yo! Gov. Brian Sandoval! The state of Nevada is looking for you — and thousands of others with money and precious treasurers being held by the state's Unclaimed Property Division.

Target 11: Local schools receive unclaimed cash
As Pennsylvania schools deal with cuts to school funding, the state is returning unclaimed money to many school districts. Target 11 uncovered that several schools in Allegheny County are set to receive $89,000. "We found almost $13,000 from some old accounts from some credit balances from Verizon and from Sprint," said Pam Capretta, director of finance for Pittsburgh Public Schools. "I guess we …

Find Out How To Search for

State hopes to return $400 million in unclaimed property to Nevadans
You could have some unclaimed money and property, and not even know it.

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May 5, 2012

Search for Forgotten Funds in Oregon – Part 1 of 2

(Part 1 of 2)

The Beaver State is known for being the home of the massive, 11,000 foot Mt. Hood, but it is also home to a lesser known mountain that should be of greater interest to OR residents. Currently, Oregon unclaimed money has reached more than $250 million. That's right, more than a quarter of a billion, owed to over 1 million people. This translates in to approximately 30% of Oregonians, which means the chances that any given citizen is due a portion of this money are 1 in 3.

Every year, the state of OR receives between 30 and 40 million dollars in unclaimed property, but only returns approximately $10 million to the actual owners. Since the owners of the other $20 to $30 million weren't located, that cash gets added to the total, so that $250 million only stands to grow. While it is certainly hard to believe that 1 in 3 OR citizens are due a claim, these monies really come from sources that we all use everyday. The OR Department of State Lands describes some of the most common sources as follows:"Unclaimed property includes savings accounts, checking accounts, unpaid wages or commissions, stocks, dividends proceeds, refunds, money orders, paid-up life insurance policies, utility deposits and contents of safe deposit boxes."

Each type of asset can become "unclaimed" once it has been deemed abandoned. To be deemed abandoned, the asset must sit inactive for a period of 1, 2, 3, or 5 years, or in less common cases, 7 or 15 years (for money orders and traveler's checks, respectively). Generally speaking though, 1 to 5 years is the assumed dormancy period for the majority of these monies. Once the dormancy period has passed, the holder has to pass the abandoned assets along to the state, which then holds it until the actual owner is able to track it down.

(to be continued)

Unclaimed Idaho Lottery prizes add up to millions
With the recent $650 million Mega Millions jackpot a lot of us started dreaming about what we'd do with all that money. But every year in Idaho some people just need to wake up to realize that they are winners. For whatever reason, they never claim their prizes. That unclaimed money really adds up.

OC Transpo unclaimed items sale on today
Big lineups are expected today at OC Transpo's unclaimed articles sale, where 4,000 items are up for grabs in regular sales and silent auctions.

Thousands in loose change left at D/FW Airport, Love Field security stations
That’s part of more than $409,000 in

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May 2, 2012

Search For Oregon Unclaimed Cash – Part 2 of 2

(Part 2 of 2)

Each type of asset can be classified as "unclaimed" once it has been deemed abandoned. To be considered abandoned, the asset must sit inactive for a period of 1, 2, 3, or 5 years, or in certain cases, 7 or 15 years (for money orders and traveler's checks, respectively). Generally speaking though, 1 to 5 years is the assumed dormancy period for most of these monies. Once the dormancy period has passed, the holder has to pass the missing money along to the state, which then holds it until the rightful owner is able to locate it.

The reasons that it is difficult to reunite unclaimed money with the rightful owners are numerous, but they generally all boil down to a lack of knowledge about where and when to search. While many web sites may claim to be "official" or say they offer a complete database, only a handful actually provide legitimate records, and even the official state records are quite unreliable. Once an asset is turned over to the state, someone at the state has to manually enter the record in to the missing money list, but this is not done right away, so it is a good idea to check back often. Additionally, because of all the varying dormancy period lengths, a person might perform a search one day and then end their search if they found no claims, when if they had just searched again the next year they might have found a significant claim that simply had a lengthier dormancy period.

When searching for lost money, there is a bit more to it than just plugging a name in to the search box of any old site. Issues that hinder new searchers can be easy to circumvent, but far too many go out on their own and are unable to locate money that is owed to them, which is why the totals grow all across the country. Investing a little time learning professional search methods can greatly increase the odds of filling our pockets with money we didn't even realize we had.

TSA cashes in on change left at checkpoints
The


Pressbox (Press Release) – For those with deceased relatives, there may be an easy to find out if

Loose change: $1M cost for $400K donation
Jeff Miller (R-Fla.) that seeks to take about $400,000 annually in

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April 29, 2012

Search For Oregon Unclaimed Cash – Part 1 of 2

(Part 1 of 2)

The Beaver State is known for being the home of the huge, 11 thousand foot Mt. Hood, but it is also home to a lesser known mountain that should be of greater interest to OR residents. Currently, Oregon unclaimed money totals more than $250 million. That's right, more than a quarter of a billion dollars, owed to more than a million people. This translates in to roughly 30% of the population, which means the chances that any given citizen is owed a portion of this cash are 1 in 3.

Every year, the state of OR receives between $30 and $40 million in unclaimed money, but only gives back roughly 10 million dollars to the rightful owners. Since the owners of the other $20 to $30 million weren't found, that money gets added to the total, so that $250 million will obviously grow. While it may be tough to accept that 1 out of every 3 OR residents are owed a claim, these monies really come from sources that we all use everyday. The OR Department of State Lands describes some of the most common sources as follows:"Unclaimed property includes savings accounts, checking accounts, unpaid wages or commissions, stocks, dividends proceeds, refunds, money orders, paid-up life insurance policies, utility deposits and contents of safe deposit boxes."

(to be continued)

Volunteers help identify unclaimed money in Scott County
The State Treasurer was in Scott County today to help locate people who have unclaimed money in their name and may not know it.

Unclaimed money is piling up
In a country where deficits and poverty are rampant, unclaimed money is an irony — but a huge reality. Be it un-banked cheques, deposits with banks, finance companies and post-offices, or investment in tax saving schemes and life insurance policies, the unclaimed sums can be significant.

State Holding Billions In Unclaimed Money
According to the Texas State Comptroller’s Office, one in four Texans are due cash. The result has left the state holding a fortune in unclaimed money.

Excellus: $1.25M in
Banks, utilities, investment companies and some other business also turn over

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April 25, 2012

Search For OR Unclaimed Money – Part 2 of 2

(Part 2 of 2)

The reasons that it is difficult to reunite unclaimed property with the true owners are numerous, but they generally all come down to a lack of understanding about where and when to search. While a lot of web sites might claim to be "official" or say they offer a complete database, only a handful actually provide legit records, and even the actual state records are quite unreliable. Once a claim is handed over to the state, an employee at the state has to physically add the record in to the forgotten funds list, but this isn't done right away, so it is good practice to check the database often. Additionally, because of all the varying dormancy period lengths, a person might perform a search on a given day and then give up if they find no records, when if they had only checked back the following year they may have found a large claim that simply had a lengthier dormancy period.

When searching for lost money, there is more to it than just typing a name in to the search box of any old website. Obstacles that hinder new searchers are easy to overcome, but far too many go out on their own and are not able to find money that is owed to them, which is why the totals grow all across the nation. Spending a little time studying expert search practices can greatly increase the odds of filling our pockets with money we didn't even realize we had.

Excellus Has Unclaimed Money
The insurer says nearly 12,000 New Yorkers are due abotu $1.25 million in checks.

Volunteers help identify unclaimed money in Scott County
The State Treasurer was in Scott County today to help locate people who have unclaimed money in their name and may not know it.

Pop singer Jason Mraz has unclaimed money in W.Va.
West Virginia's treasurer wants Jason Mraz to come pick up his money.

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April 22, 2012

Search For OR Unclaimed Money – Part 1 of 2

(Part 1 of 2)

The Beaver State is known for being the home of the massive, 11 thousand foot Mt. Hood, but it is home to a lesser known mountain that should be of greater interest to OR residents. Currently, Oregon unclaimed money has reached more than $250 million. You read that rigiht, more than a quarter of a billion, owed to over 1 million residents. This translates in to about 30% of Oregonians, which means the odds that any given citizen is owed a portion of this cash are 1 in 3.

Each year, the state of OR receives between $30 and $40 million in unclaimed property, but only returns about 10 million dollars to the actual owners. Since the owners of the other $20 to $30 million weren't located, that cash gets added to the total, so that $250 million will obviously grow. While it is certainly hard to accept that 1 in 3 OR citizens are owed a claim, these monies really come from sources that we all use everyday. The OR Department of State Lands describes some of the most common sources as follows:"Unclaimed property includes savings accounts, checking accounts, unpaid wages or commissions, stocks, dividends proceeds, refunds, money orders, paid-up life insurance policies, utility deposits and contents of safe deposit boxes."

Each type of asset can be classified as "unclaimed" after it has been determined to be abandoned. To be deemed abandoned, the asset must lie inactive for a period of 1, 2, 3, or 5 years, or in certain cases, 7 or 15 years (for money orders and traveler's checks, respectively). Generally speaking though, 1 to 5 years is general dormancy period range for the majority of these properties. After the dormancy period has gone by, the holder has to pass the forgotten funds along to the state, which then holds on to it until the actual owner is able to find it.

(to be continued)

Bipartisan Bill to Spend
According to the Transportation Security Administration (TSA), airline passengers have left behind roughly $400,000 in

New Laws Mean Unused Gift Card
The Better Solution Theoretically, having the state collect unused gift-card balances is arguably better for consumers than having card issuers keep the

WV Treasurer's Office educating Nitro residents about Unclaimed Property account
Nitro's mayor, Rusty Casto, said there are more than $300,000 dollars in unclaimed money due the people in Nitro.


One out of 10 Massachusetts residents has some

Jackson Hewitt® Reminds Taxpayers About More Than $1 Billion in
States with the highest number of

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April 18, 2012

Search For OR Unclaimed Cash – Part 2 of 2

(Part 2 of 2)

Each type of asset can be classified as "unclaimed" once it has been deemed abandoned. To be deemed abandoned, the asset must lie inactive for a period of 1, 2, 3, or 5 years, or in certain cases, 7 or 15 years (for money orders and traveler's checks, respectively). Usually though, 1-5 years is the assumed dormancy period for most of these properties. Once the dormancy period has passed, the holder is required to pass the forgotten funds along to the state, which then holds it until the rightful owner is able to locate it.

The reasons that it is hard to reunite unclaimed money with the true owners are numerous, but they usually all boil down to a lack of understanding about when and where to search. While many sites may claim to be "official" or insist they offer a complete database, only a handful actually provide legitimate records, and even the official state records are quite unreliable. Once an asset is passed along to the state, someone at the state has to physically enter the record in to the forgotten funds database, but this isn't done instantaneously, so it is good practice to do a search often. On top of that, because of all the varying dormancy period lengths, a person could perform a search one day and then end their search if they found no claims, when if they had only checked back the year after they might have found a significant claim that simply had a longer dormancy period.

When searching for unclaimed assets, there's a bit more to it than just typing a name in to the search box of any old website. Obstacles that plague new searchers can be easy to overcome, but the majority try to go out on their own and are unable to locate money that is owed to them, which is why the totals grow all across the nation. Investing a little time learning expert search techniques can greatly increase the odds of filling our pockets with money we had forgotten about.

PA Treasury Settlement Agreement With Philadelphia Sheriff's Office Makes $23.4 Million in
"Pennsylvania's

Loose change: $1M cost for $400K donation
Jeff Miller (R-Fla.) that seeks to take about $400,000 annually in

REGION: Does the court owe you money?
There's a lot of unclaimed money at the local court, and if it isn't claimed soon, it's headed for the court's coffers. The court's website has a list of people who are owed money.

Time to reverse
Thanks to an amendment made to the state’s

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April 15, 2012

Search For OR Unclaimed Cash – Part 1 of 2

(Part 1 of 2)

The Beaver State is known for being the home of the massive, 11 thousand foot Mt. Hood, but it is home to a lesser known mountain that should be of greater concern to Oregon residents. As it stands today, Oregon unclaimed money has reached more than 250 million dollars. That's right, more than a quarter of a billion, owed to over a million residents. This translates in to roughly 30% of the population, which means the odds that any given citizen is due a chunk of this money are 1 in 3.

Each year, the state of Oregon takes in between 30 and 40 million dollars in unclaimed money, but only returns roughly 10 million dollars to the actual owners. Since the owners of the other $20 to $30 million weren't located, that cash gets added to the total, so that $250 million only stands to grow. While it may be hard to accept that 1 in 3 Oregon citizens are owed a claim, these monies really come from sources that we all use everyday. The OR Department of State Lands describes some of the most common sources as follows:"Unclaimed property includes savings accounts, checking accounts, unpaid wages or commissions, stocks, dividends proceeds, refunds, money orders, paid-up life insurance policies, utility deposits and contents of safe deposit boxes."

(to be continued)

Millions in
LET US KNOW – Did you have

Idaho has $66.9M in
If there's

California holding $6 billion in unclaimed money
Could you use a little cash? The state of California is holding $6 billion in unclaimed money, even celebrities' money.

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