January 16, 2012
Locate Oregon Lost Money – Part 2 of 2
(Part 2 of 2)
The reasons that it is hard 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 have a complete database, only a handful actually provide legitimate listings, and even the actual state listings are incredibly unreliable. Once an asset is handed 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 immediately, so it's good practice to check back regularly. On top of that, because of all the varying dormancy period lengths, a person could perform a search on a given day and then give up if they found no claims, when if they had just checked again the following year they may have discovered a large claim that simply had a longer dormancy period.
When tracking down lost money, there's more to it than just plugging a name in to the search box of any old site. Issues that plague new searchers are easy to overcome, but the majority try to go out on their own and are unable to track down money that is owed to them, which is why the totals get bigger all across the nation. Spending a little time studying professional search practices can greatly increase the chances of filling our pockets with money we had forgotten about.
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