Missing Money

Let's start from the beginning - What is gov missing money? Missing money, or "unclaimed property", is a property or account that has been forgotten or abandoned for one reason or another, and after a certain number of years, has been turned over the state. The state then acts as a custodian in reuniting citizens with their money.

US missing money comes from a variety of sources, such as:

dormant savings and checking accounts

safe deposit box contents

payroll checks

stocks

cash or property like cashiers checks

uncashed money orders

unclaimed insurance benefits

unclaimed security deposits

lost cash dividends

mineral royalty payments

unused gift certificates

securities

found utility deposits

credits

court deposits

The dormancy periods (time that goes by before the property is handed over to the state) very from state to state, and account type to account type.

Did you know that missing money records are updated only periodically, whenever a given state decides to do it? Needless to say, if your state is twiddling their thumbs, you might find no record of your cash, even if the state is holding it. This is why performing a simple online search of one site isn't going to get the job done.

In addition to records being updated infrequently, you won't find your money by searching a state's records if the dormancy period hasn't passed. These funds are known as pre-escheat, and can still be tracked down, but you won't learn how to find missing money of this type through any state search.

For these reasons, and many more, you should study up with an expert who has over a decade of experience in unclaimed money, before you embark on your search and attempt to claim missing money.