Archive for the “Unclaimed Payroll Check” Category

Unclaimed Money isn’t just for those living in the contiguous 48! That’s right, Hawaii’s Department of Budget and Finance is currently seeking the rightful owners of HUNDREDS OF MILLIONS of dollars in unclaimed property, but according to the Honolulu Advertiser, taking back your Hawaii unclaimed money is often easier said than done:

Hawai’i's unclaimed property program says it wants to return $130 million of forgotten bank accounts, checks, stocks and other assets to their rightful owners.

But some people who’ve applied for the funds say they’ve been denied payment because they couldn’t prove they lived somewhere two decades ago or couldn’t prove they were the intended recipient of a check the state possesses.

The article reports on a number of personal HI unclaimed money stories, detailing the difficulties folks have had in taking back money that belongs to them.

Many people are having trouble proving their identity, while others are running in to verification problems upon learning that the companies that turned the unclaimed funds over to the state, no longer exist.

The main lesson learned from the article, is that we should all keep records. This sounds like common sense to a lot of people, but you’d be surprised how many people keep virtually no records.

There are other things you can do that will give you an edge in your unclaimed money search. Aside from having proper ID and diligently keeping records, you should learn how to search both online and off-line, as well as learn how to search for pre-escheat missing money. Pre-escheat cash is money that has yet to be turned over to the state (so they have no record of it) but it’s still out there in unclaimed property limbo.

As you can see from the chart below, most unclaimed money remains in the hands of the Hawaiian government because these stumbling blocks have kept a lot of missing money from turning in to found money:
hawaiigraph.GIF

Click here to learn how to perform a thorough search for unclaimed money in Hawaii.

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A recent article on the web site of ABC affiliate WBAY restated the problem with returning Wisconsin unclaimed money to it’s proper owners – people still believe it’s a scam!

“A lot of people still think it’s a scam, ‘Oh, they’re going to arrest me.’ I’m assuring people that it’s not a scam and we’re not going to arrest anyone, and we just have something that belongs to them that we would like to give back,” Sass said.

It’s hard to believe that even today, after many years of credible folks, even Oprah Winfrey, explaining to the public that there truly are BILLIONS in unclaimed money across the country, just waiting to be claimed by average citizens.

According to the Wisconsin State Treasure’s Office, the state of WI is currently holding $281 million. That’s right, over a quarter of a BILLION in lost assets, in the state of Wisconsin.

There’s even $4.6 million in unclaimed property in Brown County, WI alone!

There’s $4.6 million in unclaimed property in Brown County, and the state treasurer was in Green Bay Friday trying to give it back to its rightful owners.

Are you due a pile of Wisconsin found money, like some people?

According to Sass, one of the biggest claims her office handled was for $750,000 in unclaimed property.

I’m tempted to make an obvious joke about folks from Wisconsin trying to get their cheese… but I won’t. Instead I’ll just encourage you to get started doing a thorough Wisconsin unclaimed money search.

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You’ve probably heard that the government is currently holding billions of dollars, owed to citizens from things like old bank accounts, forgotten tax refunds, veterans benefits, and stock dividends.  There are quite a number of other reasons why the government might have money, waiting to be claimed by you, but did you know that you might be owed unclaimed money from your old jobs?

After learning that there is no such thing as a “national unclaimed money database” (DON’T believe a site that claims there is), and discovering all the resources for searching for missing money in each individual state, I search the names of a few family members, and found that many of them were owed undisclosed amounts.

Beyond those few undisclosed amounts, I found a record for money owed to my cousin Adam, and the details of the record revealed that it was from a major clothing retailer, found in malls across the country.  I scratched my head for a minute, before bursting out laughing when I remembered that once upon a time he picked up a few hours a week working there in order to get the employee discount.  It only lasted a few months, as he was working so much at his full-time job, and the money wasn’t good, it was all about the discount, which is probably why he forgot to pick up his last check!

That’s right, years after he left the part-time job he held solely for a discount on clothing, the small check he’d forgotten about, but was still owed, had been turned over to the state and was now listed in the state’s unclaimed records.

Now, every state has it’s own regulations, so I don’t know off the top of my head how long it takes before your former employers would have to turn money over to the state, but if you’ve had a lot of part-time jobs, summer jobs, or jobs while you were in school or had a lot of other things going on in your life, there’s a good chance you’ve forgotten about a check or two along the way!

If you think there’s a chance you’re owed unclaimed money in the form of payroll checks from a former employer, or for any other reason, you owe it to yourself to search now, and you owe it to yourself not to waste money paying “per search” or paying “finders fees”.  UnclaimedMoney.net teaches you how to do it yourself, and you’ll only pay one low fee for LIFETIME ACCESS!

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