How would you react if you were told that the Florida Department of Financial Services is in possession of two billion dollars? Would your reaction change if you were told that the money actually belongs to you? You and eight million citizens of USA are
owed the money. The existence of the money has simply been forgotten.
Due to lack of proper advertisements, the ordinary individual on the street is completely unaware of the scope of the problem. The amount of unclaimed money is increasing on a daily basis.
More than $171 million dollars worth unclaimed money was returned in the fiscal year of 2006. However, 2006 saw a rise in unclaimed money worth $70 million dollars. In short, the net gain was just of $101 million.
For those who worry about the huge sum of FL unclaimed funds, there is more bad news. The rate at which more unclaimed cash is being added to the money pot of Florida unclaimed cash is showing no signs of slowing. A staggering 271 million dollars was added to the
unclaimed money kitty in Florida.
With one hundred million dollars being added to the unclaimed money kitty, the problem is far from solved.
Searching for unclaimed money owed to you in your name and in the name of your aliases will not be of any help unless you perform the search on a good quality database. The database must cover all state and federal records of unclaimed money funds.
Bill McIntosh feels that the only possible reason for the rise in unclaimed funds in Florida is the lack of awareness amongst the people living there. Bill is the founder of
www.cashunclaimed.com, which is a comprehensive database that helps people recover unclaimed money. A quick search is all that it takes to get one’s money back. Millions and millions of individuals can enjoy a windfall if they take the initiative.
If you are conducting a search for unclaimed money, do not be selfish by restricting the search to your name only. Search for money owed to your immediate family members as well. Do notify them if you come across any useful information.
If you are owed unclaimed cash, submit your license and/or birth certificate as proof of identification. In case of unclaimed property in a will, you would be required to submit proof of ownership or entitlement to the property. Once the formalities are completed, the money will be in your hands in no time at all.
