Did you know there are billions of dollars of unclaimed funds just sitting around waiting for people to claim what’s lawfully theirs? Each single State is sitting on millions of dollars just waiting for the correct owner to turn up and claim it. You can hire unclaimed money recovery agents via various websites.
The main reasons so much money remains sitting untouched with each State is that people have no idea where to begin looking for their money.
Even if they do manage to discover their unclaimed money, they then have no idea how to go about claiming it as their own.
Where Does All This Unclaimed Money arrive from?
Every year, there are a lot of companies who can’t locate the owners of money, assets, and property. When the right owner of these items can’t be found, the money or assets are turned over to the State after three years or so. The State has to maintain the money but can use the interest.
One of the examples of this could be an annuity that’s matured. If the insurance company can’t find the policy owner, then it must lawfully turn that money over to the State.
How Can People locate Their Own Unclaimed Money?
The State departments don’t make much effort to find the correct owners, nor do they make it publicly known how to locate their own money.
Even if people do control to find money that wasn’t claimed, the States don’t always make it simple to find ways to submit claims to that money.