(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 Oregon residents. Currently, Oregon unclaimed money totals more than $250 million. That's right, more than a quarter of a billion, owed to more than a million residents. This translates in to roughly 30% of Oregonians, which means the chances that any given citizen is due a portion of this cash are 1 in 3.

Every 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 found, that cash gets added to the total, so that $250 million only stands to grow. While it is certainly tough to believe that 1 out of every 3 Oregon residents 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."

(to be continued)

–

Find your unclaimed money
Take 5 minutes to do a quick online check for funds you might have lost track of.

Latest
“We have put lots of

Most State Governments Launch Intense Awareness Campaigns to Inform of
The easiest way to find