January 6, 2012
Locate OR Unclaimed Money – 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 also home to a lesser known mountain that is likely of greater concern to Oregon residents. Currently, Oregon unclaimed money has reached more than $250 million. You read that rigiht, more than a quarter of a billion, owed to more than a million residents. This translates in to roughly 30% of the population, which means the chances that any given person is owed a chunk of this cash are 1 in 3.
Each year, the state of Oregon receives between 30 and 40 million dollars in unclaimed property, but only returns roughly 10 million dollars to the actual 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 only stands to grow. While it may be difficult to believe that 1 in 3 Oregon 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)
–
$77m Powerball ‘Lottery’ Ticket Still
In Georgia, all
TSA should not be keeping travelers' lost change: An editorial
Jeff Miller of Florida wants the
IMPORTANT: Bing News RSS feed has moved!
Go to the
Spread the worddel.icio.us Digg Furl Reddit Ask BlinkList blogmarks BUMPzee Google Ma.gnolia Netscape Newsvine Simpy Slashdot Sphere Spurl StumbleUpon Tailrank Technorati Windows Live Yahoo! Help Trackback uri
|
Leave a Comment