November 16, 2008
OR Abandoned Assets - Part 1 of 2
(Part 1 of 2)
The Beaver State is famous for being the home of the huge, 11,000 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 totals more than 250 million dollars. That's right, more than a quarter of a billion dollars, owed to more than 1 million residents. This translates in to about 30% of the population, which means the chances that any given citizen is owed a chunk of this cash are 1 in 3.
Every year, the state of OR takes in between 30 and 40 million dollars in unclaimed money, but only returns about $10 million to the rightful owners. Since the owners of the other $20 to $30 million were not found, 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."
(to be continued)
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Clayton woman reclaims missing money 10 years later - WRAL.com
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Clayton woman reclaims missing money 10 years later
WRAL.com, NC - The North Carolina Department of the State Treasurer holds unclaimed property – for example, money from bank accounts, leftover paychecks, old insurance … |
WA's $1.3m unclaimed fortune (Perth Now)
THE Australian Securities and Investments Commission has renewed its call for West Australians to stake their claim in over $1.3 million in unclaimed money.
Millions of Stimulus Check Dollars Go Unclaimed in Tennessee (News Channel 5 Nashville)
Thousands of Tennesseans still haven't gotten their economic stimulus checks, and the IRS is looking for them.
Wisconsinites Missing out on Money - WEAU-TV 13
 CaymanMama.com (press release) |
Wisconsinites Missing out on Money
WEAU-TV 13, WI - About 51 people also did not get their economic stimulus checks in Eau Claire County, totaling more than $23000 dollars in unclaimed money. … IRS seeks owners of unclaimed money IRS Looking to Give Back Unclaimed Money BRIEF: Are you 1 of 30000 Floridians owed money from IRS? |
Do you have unclaimed money lying around? - NEWS.com.au
 NEWS.com.au |
Do you have unclaimed money lying around?
NEWS.com.au, Australia - "Unfortunately, most Australians haven't checked to find out if they too have unclaimed money.'' When contacted by a member of the public, ASIC consultants … |
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