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/24-7PressRelease/ - SANTA ANA, CA, November 22, 2005 - It
is reported that 8 out of 9 people have unclaimed money. The
nationwide total of unclaimed money is estimated as high as
$25 billion dollars owed to millions of people! Chances are
most Americans or someone in their immediate family has money
waiting to be claimed.
| Millions
of Americans are owed money. There is a simple way to
locate unclaimed money and unclaimed property. |
Most
people have put a deposit down for a gas, electric or telephone
account at some time. They may have moved and forgot about
the deposit? The money is theirs, but now the electric company
doesn't know where to send it. The money is placed in state's
treasury department fund for unclaimd property. This is one
of hundreds of places missing money may come from.
The most common types of Unclaimed Property are:
· Savings/checking accounts, safe deposit box contents
· Stocks, mutual funds, bonds, dividends
· Uncashed cashier's checks/money orders
· IRS refunds
· Wages, child support payments
· Matured or terminated insurance policies
· Estates
· Trust funds, escrow accounts
· The list goes on...
There are 2 ways to search for unclaimed money.
Option One: Search 50 state and the many federal databases
trying all possible name variations (William Smith may be
listed as W. Smith or Bill Smith). The government has not
created a single database to search for unclaimed money.
Even if a person has only lived in one state they may have
money in other states databases. An insurance company in New
York that owed someone money on a policy may place the unclaimedmoney
in the state of New York's database, regardless of the state
of residency of the beneficiary.
Option Two: Utilize an all in one database. Searching in a
quality, single source database will search all state and
federal databases, all possible name variations and provide
the instructions and forms for submitting a claim once money
has been found.
The reason the amount of unlcaimed money is growing billions
year after year is people are not searching to see if any
is owed to them. It may be money that was forgotten about
or an inheritance the person never knew existed. People will
never know until they look. A simple search may mean a check
in the mailbox.
CashUnclaimed.com. is the largest unclaimedmoney database,
including all state and federal databases. CashUnclaimed.com
was founded to assist owners in easily locating and claiming
their lost funds. The site offers more information on unclaimed
mony and free unclaimedmoney search at www.CashUnclaimed.com.
Contact Nicole Anderson at 714-277-3040 extension 707 for
an interview or any media questions. Or contact her by email
at: pr@cashunclaimed.com.
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