Archive for December, 2007
A number of different agencies in Monroe County, NY are owed unclaimed funds, according to a recent article on WXXI.com:
Various entities within the county are owed money, including the county treasurer, the sheriff’s office, the parks department, the county clerk, and the department of social services.
DeSantis says the biggest source of unclaimed funds for the county is vendor checks, which are usually from vendors that were prepaid for services which were then never delivered.
But who cares about that! How about the more than $8 Billion in total NY unclaimed money, the majority of which is owed to regular citizens! It was reported in October that even Mayor Bloomberg was owed $76,000, but most of the forgotten cash in the state of New York continues to go unclaimed, and the total is really now $8 billion and counting!
To claim the funds, Monroe County would go through the process that any New Yorker would go through, which starts with filling out a form. DeSantis says the comptroller is holding on to over $8 billion for New Yorkers across the state, and will hold the funds indefinitely, with some bearing interest all that time.
Local bloggers at RochesterTurning.com noticed that the cash was sitting uncollected earlier this week. A simple search also turned up prominent individuals in the state who are owed funds, including the governor and state comptroller Thomas DiNapoli himself.
So not only was the NYC mayor owed unclaimed assets, but even the governor and the state’s own comptroller (who is in charge of managing abandoned money!)
The forces of lack of search knowledge and lack of knowledge of unclaimed property in general combine to keep people from reuniting with their New York unclaimed money.
Whatever the reason, the money is there and just waiting to be claimed. The best thing New Yorkers can do is get in touch with an unclaimed property expert, like UnclaimedMoney.net, to assist them with their search to take back money that already belongs to them!
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Of the TENS OF BILLIONS in unclaimed property across the nation, over $1.4 billion exists in the state of Illinois alone. The best part? According to the Peoria Journal Star, residents of Illinois are far more likely to be owed a Illinois unclaimed money than not:
The state Treasurer’s Office is holding $1.4 billion in unclaimed property for 10.2 million residents and businesses.
The current Illinois population is roughly 12.8 million, which means that if you assume that the vast majority of the 10.2 million “residents and businesses” are in fact “residents”, roughly 8 in 10 are owed money!
You won’t find those odds anywhere! What more incentive does a person need to get started on their search for IL unclaimed money?
Learn the best methods for locating lost cash, bone up on how to avoid making mistakes others often do, and turn your missing money in to found money today! Don’t you think you should be spending your money how you want, rather than allowing it to sit in some dusty government office?
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As recently as May of this year, MD Comptroller Peter Franchot reported that his office is currently holding $580 million in Maryland unclaimed money, according to an article in The Examiner. The article also reported on one massive unclaimed property return:
“We were holding over $800,000 in stock” for one man, Franchot told one of the customers holding the 714,000 accounts that have been returned to the state. In fiscal 2006, the state handed over $50 million to about 42,000 individuals.
The article goes on to explain the success of a recent lost money outreach program:
“We do a lot of outreach,” said Lynn Hall, manager of the property unit. Since the inserts ran two weeks ago, the state has received more than 12,000 calls, with more than 8,700 making apparently legitimate claims.
Despite these successes, the citizens ought to take it upon themselves to locate their own MD unclaimed money, because if history teaches us anything, it’s that government is inefficient if it’s anything. To guarantee that a resident of The Old Line State find their unclaimed assets.
Learning to find your name on an unclaimed money list is often easier said than done, but assistance from an unclaimed funds expert can help beginners sidestep issues that get in between other people and their cash.
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Despite recent efforts to return missing money to citizens of SC that lead to a record monthly return of $900,000 in September, according to NBC Augusta, the state of South Carolina’s Palmetto Payback Program is still holding $200 million of the citizens hard earned dollars. It seems that no matter what efforts are made, the state still takes in more South Carolina unclaimed money each year than it pays out to the people.
Sadly, we consistently find that most people are simply unaware of the phenomenon of unclaimed property, and when many people are told, they believe it must be a scam. I mean, if you didn’t already know it was real, and someone tried to tell you that there are tens of billions of dollars sitting in government offices waiting to be discovered, you’d probably be skeptical too.
Lucky for you, if you’re reading this, then you’re probably aware of the beauty of SC unclaimed money already. Now the only thing standing between you and claiming your funds is the knowledge to thoroughly search for lost assets in S. Carolina, to ensure you’ve explored all possible claims owed to you.
Enter UnclaimedMoney.net. Put your mind at ease as you step in to the world of unclaimed money, by beginning your search with expert assistance so confident in your satisfaction, you’re backed by a fully money back guarantee.
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An increasing number of states having lost money coffers totaling over a billion dollars, and North Carolina isn’t far behind with a pile of $700 Million currently being held by the NC Office of the State Treasurer. Give it a couple more years of more money coming in than being returned to citizens, and N. Carolina will pass that billion dollar mark.
WRAL recently covered the story, and zeroed in on the found money success of one lucky North Carolina unclaimed money searcher:
Cary - Do you know where all your money is? A lot of us think we do, but North Carolina is holding $700 million in unclaimed cash. That means a lot of people are wrong when they think they’ve kept tabs on all their cash.
Bill O’Connor didn’t know he had more than $4,000 in unclaimed cash until WRAL’s 5 On Your Side called him. The money came to be after he invested in the stock market.
Poor Bill was skeptical of NC unclaimed money due to the hearing about so many internet scams. Sadly, with every success story you almost always have the person who found money saying they were hesitant at first:
“The first thing is I didn’t know if it was real or not. I’ve heard of different Internet scams and things like that, so I just wanted to make sure the source was, you know, really who it was,” he said.
Some people will use their slice of the Carolina cash pie to splurge on something, go on vacation or pay off bills. It seems that the money couldn’t have come at a more important time for Mr. O’Connor:
“It was a shock. Especially at a time when I could use the money,” he said.
With unclaimed funds in N. Carolina literally approaching $1 billion, there’s a good chance you’re due a claim… but if you don’t know how to search for unclaimed money the right way, you could wind up chasing your tail. UnclaimedMoney.net is here to help!
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