Entry bubble Government May Owe You Money

By: Joanne | September 01, 2009 | Category: 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.

| View Comments [1] | envelope E-mail This Entry | Tags: cash   government   joanne   money   pension   tax   unclaimed  

 

Entry bubble Can You Still Get Cash for Used Cars?

By: Joanne | August 04, 2009 | Category: Money

Car Allowance Rebate System (CARS) logoYou’re probably familiar with the CARS program by now – you know the program that offers cash to people who own old, fuel inefficient cars to help them buy new, fuel efficient cars.

Even though the program is still very new, it’s been so popular that it’s almost out of money. The Consumer Assistance to Recycle and Save Act of 2009 that created the program allocated only a billion dollars (I can’t believe that I just used the phrase “only a billion dollars”) for the whole program. When the money runs out, the program ends.

The House of Representatives has decided that they don’t want the program to end and passed a bill on Friday to allocate more money so more people can take advantage of the program. The Senate is considering the issue this week.

I did a post about the CARS program about a month ago, and I heard from a lot of you. Some people like the program, some people don’t. Many of you are like me and have an old clunker that doesn’t qualify for the program. Rats.

Well, now is the time to contact your Senator and let them know what you think about the program.

| View Comments [12] | envelope E-mail This Entry | Tags: car   cars   cash   clunkers   efficient   fuel   joanne   new   trade   used  

 

Entry bubble Cash for Your Used Car

By: Joanne | June 30, 2009 | Category: Money

Car Allowance Rebate System (CARS) logoLast week President Obama signed the Consumer Assistance to Recycle and Save Act of 2009 into law. The new Car Allowance Rebate System (CARS) program offers cash to people who own old, fuel inefficient cars to help them buy new, fuel efficient cars.

Sounds interesting? You bet. Who doesn’t want to spend less money on gas, reduce greenhouse gas emissions, reduce our dependency on oil and increase energy sustainability AND get a shiny new car in the deal?

How does it work? Now that it’s a law, program details are available. Here are some quick facts – visit cars.gov for more details.

 

  • The amount of the credit is $3,500 or $4,500 depending on what you trade in and what you buy
  • Your car must be less than 25 years old
  • You must buy or lease a new car
  • Generally, your trade-in must get 18 or less miles per gallon (some very large pick-up trucks and cargo vans have different requirements)
  • Your trade-in must be registered and insured continuously for the full year before the trade-in
  • You don't need a voucher, dealers will apply a credit at purchase
  • Program runs through Nov 1, 2009 or when the funds are exhausted, whichever comes first.
  • The vehicle that you are trading in is required to be destroyed. Therefore, the value you negotiate with the dealer for your trade in is not likely to exceed its scrap value. The law requires the dealer to disclose to you an estimate of the scrap value of your trade-in vehicle.

 

Watch out, I’ve already heard reports that fraudulent websites have popped up, pretending to offer information about the CARS program but they’re really phishing for your personal information. Stick with the official CARS website for official program information.

p.s. Don't forget to submit your Independence Day photos on the USA.gov and GobiernoUSA.gov Flickr Group

| View Comments [16] | envelope E-mail This Entry | Tags: car   cars   cash   clunkers   efficient   fuel   joanne   new   trade   used  

 

Entry bubble Does the Gov Owe you Money?

By: Colleen | July 02, 2008 | Category: Money

The state of Pennsylvania owes me money. Happy 4th of July to me!money

My uncle was perusing the PA treasury website when he found a search field for people who may be owed money from the state. For fun, he started entering family members' names, and BINGO! I'm the big winner.

Turns out, upon graduating in 2005, I failed to pick up my final paycheck from working at the University of Pittsburgh's student newspaper. So the moolah has remained in the coffers of my alma mater for the past three years. Why didn't they just send it to me? I'm not entirely sure, they always seemed to get tuition bills and library fines to me with no problem.

Seeing that I was paid a whopping 1/3 cent per character, my missing funds aren't going to be sending me on an exotic vacay, but I know I will put that $40 to good use (hello shoe sale!).

There's a good chance Uncle Sam could owe you some money and you just don't know it. USA.gov has a great page which lists possible places and sources from which you could be owed some cold hard cash. Also, check out your own state's treasury page and see what you can find.

Any luck?

| View Comments [2] | envelope E-mail This Entry | Tags: cash   colleen   money   owe   sam   treasury   uncle