Archives for: May 2010

05/20/10

Permalink 11:08:22 am, by Unclaimed Money Guru Email , 112 words   English (US)
Categories: FoundMoney Blog

The State of Indiana has over $350 Million of unclaimed monies
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State of Indiana with its population ranked 16th announced today that their total for unclaimed money is just $350 million. Not bad for a population of just over 6 million. From the 6 million we used we subtracted those who would not qualify. The average claim is about $460 dollars. However if you remove accounts under $100 then the average claim shoots up to about $1900.

There are various types of unclaimed money, here is just a short list:
Forgotten or unused bank accounts
Lost or forgotten uncashed checks
Stocks, bonds, dividends and interest
Insurance checks or refunds
Utility refunds
Safe deposit box contents
Payroll checks
State refunds
IRS refunds

For more please information please visit foundmoney.com

05/13/10

Permalink 04:43:53 pm, by missingmoney Email , 45 words   English (US)
Categories: FoundMoney Blog

Found Money
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As Rebecca Jarvis pointed out Found Money on TV, here is a video of unclaimed money.

Usual unclaimed properties for corporations are:
• bank accounts
• stock certificates
• checks
• unclaimed wages
• refunds
• gift certificates
• other sources

Search for your money today

05/07/10

Permalink 03:35:14 pm, by missingmoney Email , 424 words   English (US)
Categories: FoundMoney Blog

Oregon's Legislation that will classify property as unclaimed much sooner.
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Oregon's Legislation that will classify property as unclaimed much sooner.

With little fan fair legislation was passed in 2008 that now requires all holders of any unclaimed property to transfer this property to the State of Oregon in 3 years after it is classified as unclaimed. The period of transfer before this was 5 years. Although this is good news for holders on unclaimed property since there will be less paperwork it is not so good for the owners of the unclaimed money.

The most common types include property reported by financial institutions, the securities industry and certain insurance funds.

The deadline for holders of these unclaimed properties must still send their reports to the Department of State Lands by November 1 of each year. Now instead of reporting unclaimed property in 5 years reports must now be sent after the three-year holding period.

According to Edward Palonek, founder of Foundmoney.com, who helps reunite people with their lost or forgotten money and was the first company on the Internet to do so, the owners would no longer be collecting interest on any unclaimed assets once it gets transfer to the State. This could amount to thousands of dollars in lost interest income, money that could be used to help pay down some credit card bills.
Foundmoney.com is a company that was started in 1994 and specializes in unclaimed money and has reunited thousands of people with their lost and forgotten property.
Cyndi Wickham, Unclaimed Property Manager with Oregon says that "with the passage of House Bill 2104, Oregon will now be consistent with California and Washington's dormancy periods for the same types of property, easing the reporting burden for holders that report in those states too." In addition the legislation changed the manner of determining dormancy on deposit accounts with an auto-renewal feature, and the method for giving notice of impending service charges by a financial institution from certified mail to first-class mail.

You don't have to live in Oregon to make a claim. If you lived there before or did business there at some time, you could still have some unclaimed accounts just sitting there, waiting for you to come forward.

These unclaimed assets come from Stocks and Bonds, Checks, Wages/Payroll, Insurance, Court Deposits, Accounts, Utilities, Trusts, Mineral Interests and Safety Deposits Boxes in Banks. "Everyone can use a bit of help right now during this tough economic times, so don't delay and visit www.foundmoney.com for the possibility of finding some cash to help pay those bills", says Palonek.

Contact
Foundmoney at www.foundmoney.com

05/06/10

Permalink 11:02:07 am, by missingmoney Email , 249 words   English (US)
Categories: FoundMoney Blog

The odds of unclaimed money
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Not all found money is the same, some people find few dollars on the street here and there, can you imagine finding more then a thousand dollars on the street? How about tens of thousands?
The odds may be against you to find this type of money laying around. Anyone with this type of cash would surely retrace his or her path to locate the lost money. However the odds are in your favor of finding money online. How can this be? Well unlike loosing money on the street where you can retrace the path, unclaimed money comes from people who never had a physical possession of the money. This money is usually in a form of a bank account, bonds, stocks, IRS refunds and other government refunds. Sometimes the mail never gets delivered, or simply a bank account becomes dormant. Or will never gets executed and money from generations is sitting... "You can claim your Great Grandfathers fortune". The exact amount of unclaimed money is unknown, as not all states share amount data. It is now estimated that the total of unclaimed money in the US is just over 30 billion dollars. The odds of you finding a few hundred dollars are very good.

Here's how you do it. Foundmoney.com has been helping people find and claim their lost money since 1995. All you do is pay $20 dollars and you can search and use their excellent resources to find and claim money. Search today, the odds are pretty good.

Foundmoney.com has operated since 1994 offering unclaimed financial information from government and private institutions. Since our inception Foundmoney.com has reunited thousands of people with lost money. We were the first to provide this service for a small flat fee that is guaranteed. Featured on the Winfrey Oprah show we are the genuine Found Money search engine.

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