Unclaimed Money | Clipmarks


	Unclaimed Money

danny-esque

4-15-2008 4:42 AM

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tags:

unclaimed money, unclaimed property, lost money, unclaimed money search

danny-esque says:

Some states doing a half-assed job in returning unclaimed funds from citizens' lost assets.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ca605e6a-b5b4-49bd-9d25-3095e2db23f4/206D5A9C-D4E3-4AD4-94D3-7F9195FC26B7/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://ww3.yuwie.com/blog/entry.asp?id=575577&eid=311791&t=Unclaimed%20Money" href="http://ww3.yuwie.com/blog/entry.asp?id=575577&eid=311791&t=Unclaimed%20Money" style="font-size: 11px;">ww3.yuwie.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://ww3.yuwie.com/blog/entry.asp?id=575577&eid=311791&t=Unclaimed%20Money">It’s easy for people to lose track of
their financial assets in today’s fast-paced lifestyle. We might think
that people would be keeping a close watch on their finances, but you’d
be surprised at the size of the national unclaimed property fund
currently. Experts approximate it to be over <B>$35 billion</B>! </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://ww3.yuwie.com/blog/entry.asp?id=575577&eid=311791&t=Unclaimed%20Money">With no recipient, the lost checks stay with the
establishments who hold on to them for 3-5 years after which they are
deemed ‘<A target="_new" href="http://www.squidoo.com/Unclaimed-Property/">unclaimed property</A>‘ and are turned-over to the state.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://ww3.yuwie.com/blog/entry.asp?id=575577&eid=311791&t=Unclaimed%20Money"><P>The government is required to show
‘diligence’ in contacting the owners and returning the unclaimed money,
but the tens of billions worth of national unclaimed property is
evidence that some states are dragging their feet in returning the <A target="_new" href="http://www.unclaimedfunds.net/state-links.htm">unclaimed funds </A>with their owners.  <SPAN>Some
states have even been caught dipping their hands in the unclaimed
property fund and using the public’s money in balancing their budgets. </SPAN></P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/206D5A9C-D4E3-4AD4-94D3-7F9195FC26B7/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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