There are many instances where you can get your money back. Additionally, there are times when people owe you money without you even knowing about it. For example, if your name is on an unclaimed property database there’s a high chance you’re owed money.
Read below for more information on how you can get your long-lost money back.
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Look at Online State Agencies
Every year there’s tons of money that comes from old security deposits, refunds, uncashed checks, and old accounts. All of this will be reported towards a state agency that will look over it. The National Association of Unclaimed Property Administrators says that financial institutes that is connected with state treasury departments return over $3 billion to the person it belongs to.
Additionally, you can use the unclaimed.org website from the National Association of Unclaimed Property Administrators. This website grants you access to agencies in every state in the United States. Furthermore, you’ll be able to look for unclaimed properties free of charge. All you have to do is:
- Provide a first and last name.
- City
- ZIP code
Lastly, with this you will be able to find information on the owners last known location and how much the property was. However, sometimes the address for a property is too old and you might not have it. No worries, if you do not have the documents for it, there’s still a chance of you getting your money back.
Proof You’re the Right Owner
Once you’ve done your research online, you must prove that you’re the right owner. Just provide any eligible ID such as: a driver’s license, or documents that show that you once lived at the location on file. In other words, this is how you’ll be able to file a claim if you’re able to give them information that matches with theirs. Additionally, an heir will be able to claim property if the owner has passed away. Just provide extra information like: a death certificate and extra paperwork to claim.
Furthermore, check the treasury website for other unclaimed properties that you might own. Sometimes, there will be money from a deposit that you can file claims for. Then, after you are approved of the claim, they will send you a check for the amount they owe you.
Do Your Research Thoroughly
Majority of the time, information on unclaimed properties is available to the public eye. This way, you’ll be able to look online for yourself or for other people. Then, notify them if any money was lost once you find something. However, it is on the other person to claim any lost funds and show that they are the rightful owner. Lastly, you’ll be able to search for unclaimed properties for your friends and family to see if they can get any money back.
Once you find your lost money, you’ll be able to deposited it towards a bank account that carries a high interest rate. By doing this, you’ll be able to gain 10x more than the average in the whole nation and grow your money in the process.
Conclusion
Overall, there’s a high possibility that you’ll be able to get any money that is owed to you by looking at unclaimed properties. Especially if you can provide the right documentation to show that you’re the rightful owner of that property. Additionally, you’ll be able to earn a good amount of money to deposit into a bank account.
