(Part 2 of 2) What the majority of people don't realize, even once they're in the know about the reality of unclaimed money, is that there are actually only a few websites that offer the real state records. (...)" />

January 23, 2012

Locate Utah Lost Money – Part 2 of 2

(Part 2 of 2)

What the majority of people don't realize, even once they're in the know about the reality of unclaimed money, is that there are actually only a few websites that offer the real state records. To start with, most of those websites are unreliable to the point that a resident would be totally wasting their time to try to use them. But even the real state records are often not complete for a number of reasons. For one, each type of property has its own individual dormancy period, or the amount of time that must pass before law requires the holder to hand the asset over to the state. Even after assets are turned over to the state, an employee must physically add the record to UT's unclaimed money listings. For this reason, search results showing no claims may be misleading if the claim just has not been handed over or the state has not added it to their records.

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. Far too often, citizens jump in to the unclaimed asset game without knowing where to start and they spoil their own potential for finding lost treasure. If everyone would spend just a little time educating themselves on where 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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