There are many reasons you might have unclaimed funds (abandoned accounts, uncashed checks, misspelled names, incorrect addresses, misplaced inheritance and trusts, etc), and your state is required to hold your property until you claim it.
They will not seek you out, and most people are completely unaware they may have lost funds or property being held by the state.
Every state has an official (.gov) website where you can check whether you have unclaimed property and submit a claim. Just search ‘[my state] unclaimed property’.
e: make sure you go to the official state website; I just noticed some state search top results aren’t the official (.gov) website.
e2: also, check every state you’ve lived in. Moving state is one of the major reasons this happens, and your unclaimed funds will not move to a new state with you.
e3: if you find unclaimed funds, please comment! I’m fascinated to know, no matter how large or small.
I’ll have to add this to my list of things to put off doing!
I found my friend is owed $438
I got about $75 back
Why less?
It’s two separate people
I’ve never had unclaimed funds, but I have been the person who submits funds that have been unclaimed to the state. I work at a law firm that handles a lot of settlements, and sometimes, people are issued a large portion of the settlement while we wrap up a few other things on the case. Once those are taken care of, I reach out to our client to give them whatever funds remain.
But sometimes, I can’t find that person no matter how hard I search. Sometimes, our client disagrees with the additional amount that they are receiving and refuses to cash their check. After a certain number of years, and after every possible attempt to give our client their money has been made, I have it sent to the state.
Hey thanks. I just made $2.86! And my mom is owed $1.44!
I got $380. Not life-changing, but nice anyhow.
The US government also holds a secret bank account in your name, and you can access it by writing diagonally and not paying your child support. See [email protected] for more.
What OP is talking about is actually a real thing. Sovcit stuff, not so much.
Im guessing you never watched cable tv in the US between 1993-2005. There was a guy who ran a whole business connecting people with this.
I can still see that question mark suit
Gold fringe!
e: seriously, though, this isn’t weird sovcit bullshit. It’s an actual thing.