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Government May Owe You Money

I just read that my State Treasurer is holding onto 1.5 billion dollars in unclaimed money. That’s right – all the states are holding unclaimed money, and if they’ve got some for you, all you have to do is step up and claim it.

States end up with valuable things like abandoned bank accounts, forgotten stocks, uncashed checks, certificates of deposit, life insurance policies, safe deposit box contents, and recovered stolen property.

When I did a search I didn’t find any records that the state has money for me, but I did find a record that looks like there’s money waiting for my brother-in-law. Lucky him!

The federal government is also holding money for people. Pension funds, FHA mortgage refunds and federal tax refunds from the IRS are all piling up because the government doesn’t have your correct address. Searching for unclaimed property from the federal government is a little bit more difficult because you have to check with each agency individually, but USA.gov can help you determine if the government owes you money.

Times are tough, so don’t overlook this opportunity to collect money owed to you.