May 15, 2012
Search For Wyoming Unclaimed Cash – Part 2 of 2
(Part 2 of 2)
As residents the state with the lowest population, people living in WY have excellent odds of locating missing money in their name. But the majority of people are unaware that other states might be holding money belonging to them. You don't even have to have been to another state for another state to owe you money. A lot of companies have locations and/or offices in numerous states, but they can obviously only have their headquarters in one location. Because of this, employees can lose track of money and not ever realize it even if they search, because the cash is being held by the state where their company has its headquarters. Similarly, insurance companies often service different states, but like any company they can only have one headquarters. Things like insurance overpayments will be turned over to the proper department in the state where the insurance company is incorporated, which isn't necessarily the state where the insured person resides. These are just a couple of examples of why it is very important that residents search outside of the state they live in.
Aside from limiting searches to one state, beginners often do not understand that they should search numerous times. Actually, they ought to search regularly. Due to the varying dormancy periods for each type of unclaimed property, and because an employee of the State Treasurer's Office must manually add each listing to the database, the missing money list changes constantly. A search might find no record one day, but checking the next day could produce a nice treasure for a persistent searcher.
Professional searchers have a lot of strategies that give them an edge when trying to find unclaimed money, and the wisest beginners learn about these and duplicate them in their own searches to make sure they have found all possible claims.
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AG speaks about unclaimed property
Millions of dollars in unclaimed property is sitting in the state's hands waiting for residents to claim their rightful property.
Target 11: Local schools receive unclaimed cash
As Pennsylvania schools deal with cuts to school funding, the state is returning unclaimed money to many school districts. Target 11 uncovered that several schools in Allegheny County are set to receive $89,000. "We found almost $13,000 from some old accounts from some credit balances from Verizon and from Sprint," said Pam Capretta, director of finance for Pittsburgh Public Schools. "I guess we …
States Giving Away Millions In
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