individuals and corporations, one in every four Americans are owed an excess
of $300 Billion of unclaimed money, funds, or assets of which they are
completely unaware of. Could this be you?
Federal, State, County
and Local Governments have protective custody control over these unclaimed
accounts which originally were generated from dormant bank and investment
assets, forgotten insurance policies, unknown inheritances, unrefunded
utility deposits, uncashed Social Security checks, mortgage insurance
premium refunds and literally dozens of other sources.
These items are declared
legally abandoned, often the rightful owners or heirs cannot be located or
fail to show an interest. Although holders of dormant and unclaimed assets
are supposed to make a "good faith effort" at finding the original owners,
the reality is that a very feeble attempt is made.
The difficulty for the
average entitled claimant lies with the reluctance of the holding agency to
release the money without complicated paperwork and forms to fill out.