There is $35 Billion in unclaimed money in the US. Do you think any of it could be owed to you? Probably. Oprah Winfrey stated as many as 8 out of 9 are owed unclaimed money. There are some
secrets to finding unclaimed money. Do you know them?
Secrets to Finding Unclaimed Money:
1 – Look for it
Chance are you are not going to find unclaimed money if you don’t look for it. This can be done by searching your name in a database and seeing if any accounts are reported showing you are owed money.
2 – Try Your Name and Nick Names
If you only look for your full legal name you may miss accounts that have been reported under a variation of your legal name. For example if your name is Thomas Jones your money may be reported under Tom Jones or T Jones, etc.
3 – Claim What You Find
Some people find they are owed money and then don’t follow through with completed the form or two needed to
claim the unclaimed money. Most claims simply require a claim form be completed, sign and sent in. Usually you need to provide some proof of identification or entitlement to the funds. A copy of a drivers license and/or social security card or birth certificate is sufficient most of the time.
Normally the processing time is 2 to 8 weeks for them to send you a check.
4 – Don’t Be Selfish
Many people search for themselves… what about your family and friends. I found money owed to my parents, my in-laws and 3 friends just searching the names of people I know. I am sure everyone you know would like a call from you saying you found them money!
5 – Search Outside Your State
If you search only your state’s database you are only searching in less than 3% of all databases. See each state has there own database and there are federal databases as well. If you search only one state there is a high likelyhood you will overlook money owed to you.
6 – Search in a
QUALITY database
A quality database is a database that does the following:
Has money from all 50 states and federal databases
Searches Name Variations
(has the technology to automatically search variations of your common name)
Provides you information of filing your claim
7 – Don’t Let Your Money Become Unclaimed Money
Keep in contact with your financial institutions and companies you have accounts with.
Update your contact information annually.
Be sure to keep up payments and contact information on safety deposit boxes.
Keep track of stocks, bonds & dividends.
Update contact information on accounts you have for your children.
Don’t forget to stay in touch with life insurance companies and other insurance policies you may have that may owe you money someday.
Now you have to secrets to finding your unclaimed money and can get a check in your mailbox right away!
