Friday, 3 February 2012

Collect Unclaimed Property And Cash That Is Owed To You Today

By Douglas Milton Watson


By some estimates, nearly 90% of American citizens are owed money and do not even know about it. What this means is that even if you aren't personally owed money, chances are that someone you know, maybe a family member or friend, is owed cash. This cash can be in the form of cash, or assets like unclaimed property. In these days of financial uncertainty people need to keep track of all their cash and financial assets, and to do this accurately they have to claim the money that definitely belongs to them. So who is hiding your unclaimed money?

The different financial institutions that may be holding on to money that is owed to you are plentiful. It can range from government unclaimed property, credit unions that have lost checking and savings accounts of yours, uncashed rebates, securities, dividends, utility refunds and security deposits, owed wages, and so much more. This cash is usually unclaimed because the financial institutions holding the money cannot locate the correct owners.

You might be wondering how this could have happened to you or so numerous Americans. The reasons are various. Usually it's because you have moved without informing every individual business and company about your new address or they don't enter in the new data themselves. Perhaps you opened a checking or savings accountas a child, or for one of your children and then forgot about it.

Maybe you quit an employment stint and never got your last payroll. A family member might have even left you something in their last will and testament, and the unclaimed property or cash is just sitting somewhere because you were never notified.

They rarely try very hard to find the correct owners of the money in the first place, and are content to sit on the money or unclaimed property forever if no one claims it. It's weird how that works isn't it? When you owe one of these institutions cash, they are quick to use any and all means available to find you and collect. When they owe you cash they suddenly don't seem so active. So how can you make sure you are rightfully finding the money and government unclaimed property that is definitely yours?

The best way to make sure you get the money owed to you is to use an established and well respected database service that can automatically check for you. Cashunclaimed.com is one of the bigger and more established of these databases, and not only checks local unclaimed cash, but worldwide as well. Along with their access to state online databases, they also have access to federal databases as well. They provide a no cost search for citizens inquiring into owed cash, and a subscription if unclaimed money or unclaimed property matches are found.




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