December 8, 2008

UT Unclaimed Money Search - Part 2 of 2

(Part 2 of 2)

While locating missing money can be easy for those that know what they are doing, there a lot of obstacles that can and often do get in the way of people trying to locate their money. Most of these issues relate to being uninformed about how to perform complete searches to ensure all possible claims have been found. When getting started, it's often easy to fall in to the trap of just searching one time and accepting the search results as the final answer in our quest. The second biggest mistake is believing that all search sites are the same.

What the majority of people don't realize, even once they are aware of the reality of unclaimed money, is that there are actually very few sites that offer the official state records. To start with, most of those sites are not reliable to the point that a person would be completely wasting their time to get involved with them. But even the official state databases are often incomplete for a variety of reasons. For one, each type of asset has its own dormancy period, or period of time that must pass before law requires the holder to turn the asset over to the state. Even after assets are handed over to the state, someone must physically add the record to UT's unclaimed money listings. For this reason, search results showing no claims may be misleading if the property just has not been handed over or the state has not added it to their system.

Despite these hurdles, and many others that that frustrate beginners, people can learn the search methods of pro searchers and utilize them in their own searches. Far too often, people jump in to the found money game not knowing where to begin and they spoil their own potential for finding lost treasure. If everyone would spend just a bit of time educating themselves on where they need to search, and how often they should search, everyone would stand a better chance of taking back money that is technically already theirs, instead of letting it collect dust in some government office.

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Founder of Found Money, Edward Palonek and Santa Claus Find People … - Free Press Release Center (press release)

Founder of Found Money, Edward Palonek and Santa Claus Find People
Free Press Release Center (press release), Canada - Dec 4, 2008
What a great Christmas gift, finding some of your missing money', says Palonek. 'Foundmoney was the first company to make the national database of unclaimed

Website Helps Police Auction Unclaimed Property (WCCO Minneapolis - St. Paul)
Ever wonder what happens when police find stolen goods, but can't figure out who they belong to? All that stuff ends up in police property rooms and is eventually auctioned off.

Do you have unclaimed money? - WPTV

Do you have unclaimed money?
WPTV, FL - Nov 24, 2008
If you’re from another state, Sink says Florida’s website can even link you to other states’ websites in case you have forgotten unclaimed cash sitting in

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December 4, 2008

UT Unclaimed Money Search - Part 1 of 2

(Part 1 of 2)

Utah may be known as the Beehive State, but the UT State Treasury Office is holding a treasure that is sweeter than any honey. Every year millions of dollars in missing money is handed over to the state treasury department in the form of Utah unclaimed money. As of 2005, the state treasury held more than 100 million dollars, waiting for the true owners to come forward and take back what is owed to them.

Though it's difficult for many people to believe that this money is really out there, because it's seems impossible that people could somehow "forget" about such large sums of money, but in fact unclaimed money comes from accounts and assets most of us have and use on a regular basis. Though there are dozens of different types, the UT State Treasury's web site lists the following as the most common types of lost money: certificates of deposit, checking accounts, gift certificates, overpayments, unpaid wages, paid-up life insurance policies, uncashed checks, commissions, dividends, death benefits, money orders, insurance payments, stocks, savings accounts, refunds and contents of safe deposit boxes.

(to be continued)

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Unclaimed Money To Rise To RM95 Million This Year - Bernama

Unclaimed Money To Rise To RM95 Million This Year
Bernama, Malaysia - 58 minutes ago
KUALA LUMPUR, Dec 4 (Bernama) — The amount of unclaimed money under the Unclaimed Money Registry is expected to go up to RM95 million this year,

Man's Suspicious Request About Unclaimed Money Prompts Warning - Hartford Courant

Man's Suspicious Request About Unclaimed Money Prompts Warning
Hartford Courant, United States - Nov 10, 2008
The reports list names and addresses of people who are owed unclaimed money, and sometimes Social Security numbers. That raises concern about the potential

Do you have unclaimed money? - WPTV

Do you have unclaimed money?
WPTV, FL - Nov 24, 2008
If you’re from another state, Sink says Florida’s website can even link you to other states’ websites in case you have forgotten unclaimed cash sitting in

Lost money returned to Bluffton couple - WTOC

Lost money returned to Bluffton couple
WTOC, GA - 8 hours ago
The building and her money on TV. See Missing money found and still unclaimed. "I just started screaming and I started pounding on him saying, 'that's us!

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November 30, 2008

UT Unclaimed Cash - Part 2 of 2

(Part 2 of 2)

What the majority of people do not realize, even once they're aware of the reality of unclaimed property, is that there are actually only a few sites that offer the official state records. To start with, most of these sites are not reliable to the point that a resident would be completely wasting their time to try to use them. But even the official state databases are often incomplete for a variety of reasons. For one, each kind of property has its own individual dormancy period, or period of time that must pass before law requires the holder to hand the asset over to the state. Even after monies are handed over to the state, someone has to manually add the record to Utah's unclaimed property listings. For this reason, search results showing no claims may be misleading if the record just hasn't been turned over or the state hasn't added it to their system.

Despite these issues, and many others that that frustrate beginners, people can learn the search strategies of expert searchers and implement them in their own searches. Quite often, citizens jump in to the found money game not knowing where to start and they spoil their own potential for locating lost treasure. If everyone would spend just a little time educating themselves on where to search, and how often they ought to search, everyone would stand a better chance of taking back money that is technically already theirs, instead of letting it collect dust in some government government building.

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More Than 4000 Minnesotans Missing Money - WCCO


ABC News
More Than 4000 Minnesotans Missing Money
WCCO, MN - Nov 27, 2008
(WCCO) Many of you could be in for a little extra money this holiday season if you tell the IRS where you live. More than 4000 people in Minnesota have not
Tick Tock: Last Day to Claim Your IRS Stimulus Check ABC News
Last call: 279000 stimulus checks unclaimed CNNMoney.com
IRS may owe you some money Cape Cod Times
Prattville Progress - Belleville News Democrat
all 307 news articles

IRS has unclaimed money - Liberty Vindicator


KCBS
IRS has unclaimed money
Liberty Vindicator, TX - Nov 8, 2008
To view a list of Liberty County residents who have unclaimed money, visit www.thevindicator.com starting Sunday evening.
Millions in Tax Refunds, Rebates Unclaimed WalletPop
105 stimulus checks for Racine County residents are unclaimed Journal Times
IRS Has Unclaimed Checks for 107 County Residents Cape May County Herald
TMCnet
all 36 news articles

Site tackles taxing issues (The New Zealand Herald)
A new website that helps workers check if they are entitled to any unclaimed tax refunds has given back $5 million to Kiwi taxpayers since August. Director of TaxRefunds.co.nz, Geoff Matthews, says his company is returning $100,000 a day into the pockets of New Zealanders.

Needed help for the state budget - Greenwich Time

Needed help for the state budget
Greenwich Time, CT - 13 hours ago
Other people want that money, too. The people who now keep it - the beer wholesalers and soda companies. Arguing about those unclaimed nickels has become a

Do you have unclaimed money? (WPTV West Palm Beach)
The state has a vault filled with long lost treasure. Some of it could be yours. All you have to do is log on and claim it!

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November 26, 2008

UT Unclaimed Cash - Part 1 of 2

(Part 1 of 2)

Utah may be called the Beehive State, but the Utah State Treasurer's Office is holding a treasure that's sweeter than any honey you've ever tasted. Each year millions of dollars in forgotten funds are handed over to the state treasury department in the form of Utah unclaimed money. As of 2005, the state treasury held more than 100 million dollars, waiting for the true owners to step forward and take back what is owed to them.

Though it's tough for many people to accept that this money is real, because it's seems impossible that people could simple "forget" about such massive sums of money, but in fact unclaimed property comes from assets and accounts most of us have and use on a regular basis. Though there are dozens of different types, the Utah State Treasurer's web site names the following as the most common sources of lost money: checking accounts, certificates of deposit, overpayments, gift certificates, paid-up life insurance policies, unpaid wages, commissions, uncashed checks, death benefits, dividends, insurance payments, money orders, refunds, savings accounts, stocks and contents of safe deposit boxes.

While locating missing money can be easy for those that know what they're doing, there are dozens of obstacles that can and quite often do get in the way of people trying to find their funds. Most of these obstacles amount to being uneducated about how to perform thorough searches to make certain that all possible claims have been discovered. When starting out, it's often easy to make the mistake of just searching one time and accepting the search results as the beginning and end of a search. The next biggest mistake is believing that all search sites are alike.

(to be continued)

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Unclaimed Tax Refunds (WSFA 12 Montgomery)
BIRMINGHAM - The Internal Revenue Service is looking for Alabama taxpayers who are missing more than 5,300 economic stimulus checks…

Unclaimed money - The West Australian

Unclaimed money
The West Australian, Australia - Nov 22, 2008
The Register lists the Payee’s name, Suburb where they lived, the amount held and the company that held the money. Please note that additional information

11-26-08 Giannoulias Bill Protects Consumers - The Shopper Online

11-26-08 Giannoulias Bill Protects Consumers
The Shopper Online, IL - 8 hours ago
Once the state has possession of the unclaimed property, residents can recover their assets free of charge. Under current law, finder firms are not required

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November 23, 2008

UT Abandoned Assets - Part 2 of 2

(Part 2 of 2)

While locating abandoned assets can be easy for those that know what they are doing, there a lot of obstacles that can and often do get in the way of people trying to locate their cash. Most of these issues relate to being uninformed about how to perform thorough searches to ensure all possible claims have been found. When getting started, it's often easy to fall in to the trap of just searching once and accepting the search results as the beginning and end of a search. The second biggest mistake is thinking that all search web sites are the same.

What most people don't realize, even after they are in the know about the reality of unclaimed money, is that there are actually only a few web sites that offer the real state records. For starters, most of these web sites are not reliable to the point that a resident would be totally wasting their time to get involved with them. But even the real state databases are often not complete for a variety of reasons. For one, each kind of property has its own unique dormancy period, or period of time that must pass before law requires a holder to hand the asset over to the state. Even after properties are turned over to the state, an employee needs to physically add the record to UT's unclaimed money listings. For this reason, search results not showing any claims could be misleading if the claim just hasn't been turned over or the state hasn't added it to their records.

Despite these issues, and many others that plague beginners, people can learn the search tactics of professional searches and utilize them in their own searches. Far too often, citizens jump in to the unclaimed asset game not knowing where to start and they spoil their own potential for locating lost treasure. If everyone would spend just a bit of time educating themselves on where to search, and how often they ought to search, everyone would have a better chance of taking back cash that is rightfully theirs, instead of letting it collect dust in some government office.

-

Man's Suspicious Request About Unclaimed Money Prompts Warning - Hartford Courant

Man's Suspicious Request About Unclaimed Money Prompts Warning
Hartford Courant, United States - Nov 10, 2008
The reports list names and addresses of people who are owed unclaimed money, and sometimes Social Security numbers. That raises concern about the potential

In the Region - New York Times

In the Region
New York Times, United States - Nov 21, 2008
Those unclaimed five-cent deposits paid by consumers have always gone to beverage distributors, who have fought hard to keep money they say helps offset

Election Funds Raise Red Flags - Hartford Business

Election Funds Raise Red Flags
Hartford Business - 13 hours ago
They might even hold a news conference standing in front of the unclaimed property to show how smart they are by selling it to keep our taxes down.

Beware Of Gift Card 'Gotchas' - Forbes

Beware Of Gift Card 'Gotchas'
Forbes, NY - 21 hours ago
Many states have laws that deem unused gift cards abandoned property, which if left unclaimed for a certain period, can be taken into the state treasury's

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November 20, 2008

UT Abandoned Assets - Part 1 of 2

(Part 1 of 2)

Utah may be nicknamed the Beehive State, but the UT State Treasurer's Office is holding a treasure that is sweeter than any honey you've ever tasted. Every year millions of dollars in forgotten funds are turned over to the state treasury dept. in the form of Utah unclaimed money. As of 2005, the state treasury was holding more than 100 million dollars, waiting for the rightful owners to come forward and take back what technically already belongs to them.

Though it's difficult for most people to accept that this money is really out there, because it's almost inconceivable that people could simple "forget" about such massive sums of money, but in fact unclaimed money comes from assets and accounts most of us have and use on a regular basis. Though there are dozens of different types, the UT State Treasury's website lists the following as the most common types of lost money: certificates of deposit, checking accounts, gift certificates, overpayments, unpaid wages, paid-up life insurance policies, uncashed checks, commissions, dividends, death benefits, money orders, insurance payments, stocks, savings accounts, refunds and contents of safe deposit boxes.

(to be continued)

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Man's Suspicious Request About Unclaimed Money Prompts Warning - Hartford Courant

Man's Suspicious Request About Unclaimed Money Prompts Warning
Hartford Courant, United States - Nov 10, 2008
The reports list names and addresses of people who are owed unclaimed money, and sometimes Social Security numbers. That raises concern about the potential

Locals Awarded Cy Pres Funds - Memphis Daily News

Locals Awarded Cy Pres Funds
Memphis Daily News,  USA - 1 hour ago
if class members are difficult to identify or if unclaimed funds remain after all class members have received their portion of the settlement.

Our missing moneybags - Sydney Morning Herald

Our missing moneybags
Sydney Morning Herald, Australia - Nov 18, 2008
By John Collett The amount of money in "lost" superannuation accounts continues to grow to mountainous proportions. It has reached almost $13 billion,

Unclaimed money may be yours - The Cherokeean Herald

Unclaimed money may be yours
The Cherokeean Herald, TX - Nov 4, 2008
However, many more residents have unclaimed property that was not published. To find out if a person has money in the state treasury go to the state

IRS holding $266 mil in unclaimed suburban stimulus checks, refunds - Chicago Daily Herald

IRS holding $266 mil in unclaimed suburban stimulus checks, refunds
Chicago Daily Herald, IL - Nov 18, 2008
And that's money that could have been helping the nation during this financial crisis. "At this stage of the game we need everything we can get," said Diane

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