You Could Be Sitting on a Fortune: How to Find Unclaimed Money and Resources

Jacob Greene
Published Oct 31, 2023

You Could Be Sitting on a Fortune: How to Find Unclaimed Money and Resources



You may have heard the stories of people finding thousands or even millions of dollars in unclaimed money, only to discover that it is their own. Contrary to popular belief, unclaimed money is not only limited to cash or coins. It can also include valuable resources like stocks, bonds, insurance policies, and royalties.

Factually, billions of dollars remain unclaimed worldwide, and the figure is steadily increasing. With some research, you could uncover hidden assets and resources that belong to you or someone special in your life.
 

1. Unclaimed Money and Resources


They refer to any assets or resources abandoned, forgotten, or left unclaimed. Such assets include bank accounts, stocks, bonds, refunds, paychecks, benefits checks, insurance payments, tax refunds, inheritances, and other valuables. They remain unclaimed because the rightful owners either died or forgot about their existence. The state holds them in trust until the rightful owners are located.
 

2. How to Search for Unclaimed Money and Resources


The easiest way to search for unclaimed money and resources is to visit your state’s official website, which should include a searchable database. Here you can key in the name of the person or entity that may be owed money (for example, your name) and see if anything comes up. You can also use the NAUPA website to search for unclaimed property.

However, other online resources can help you in your search. For example, Unclaimed.org and MissingMoney.com are user-friendly and provide a comprehensive, searchable database of unclaimed funds and resources. Take care when searching online, though, as there are also scams waiting for such opportunities.
 

3. Tips for Finding Unclaimed Money and Resources Quickly


The key to quickly finding unclaimed money and resources is doing your research. Make sure to check all possible sources, both online and offline. Use the following procedure:
  • Start by searching the official state website for unclaimed money and resources.
  • Use additional search engines mentioned above to locate unclaimed funds and resources in other states
  • Reach out to family members or friends who may know forgotten accounts.
  • Look for assets such as stocks, bonds, or overlooked insurance policies.
  • Check with your employer for unclaimed wages, benefits, or other payments.
  • Contact government agencies such as the IRS and Social Security Administration to inquire about unclaimed money or resources.
     

4. Sources of Information on Unclaimed Money and Resources


You can find information on unclaimed money and resources from:
  • Government websites: Many states provide an online searchable database of unclaimed money and resources.
  • News reports: Local and national news outlets often report on unclaimed money and resources.
  • Consumer protection organizations: Organizations like the Better Business Bureau (BBB) provide information on unclaimed money and resources.
  • Social media: Many people have turned to social media to spread the word about unclaimed money and resources.
  • Friends and family: Don’t forget to ask your friends and family if they know of any unclaimed money or resources owed to you.
     

5. Strategies to Maximize Your Chances of Finding Lost Funds or Property


When searching for unclaimed money or resources, it’s important to remain organized and thorough. Here are some valuable strategies that can help you maximize your chances of finding lost funds or property:
  • Create a list of all the places where you have or have had accounts, including banks, credit unions, investment firms, and insurance companies.
  • Contact each institution to inquire if they have unclaimed money or resources in your name.
  • Keep track of your research by keeping notes and records of all your inquiries.
  • If you have multiple accounts, be sure to check them all.
     

6. Steps to Take Once You Find an Asset or Resource That Is Owed To You


Once you have found an asset or resource owed to you, follow these steps to ensure that the process of reclaiming it goes smoothly.
  • Prepare the necessary documentation, such as bank statements or insurance policies.
  • Contact the relevant institution or agency holding the asset or resource to begin reclaiming it.
  • Be patient and organized as you work through the process of filing a claim.
  • Follow up regularly to ensure t timely processing of your claim.
  • Contact a consumer protection organization or lawyer to assist you in filing your claim.

The information will maximize your chances of finding unclaimed money or resources. Beware of scams because many people have lost money to fraudulent schemes claiming to offer access to unclaimed funds. Make sure you do your due diligence and contact the appropriate authorities if you suspect foul play.









 

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