Claim Missing Money With Found Money®

Unclaimed property in the State of Indiana is generally held by the State for 25 years. During that period, individuals may search for unclaimed property at www.foundmoney.com, a website that helps to reunite people with their lost or forgotten money. According to Edward Palonek, founder of foundmoney.com, his was the first company to make a search mechanism available on a Web Site for everyone to search for unclaimed property. Found Money was started in 1994 and specializes in unclaimed assets and has reunited thousands of people with their lost and forgotten money.

There are nearly 2 million pieces of property sitting unclaimed in Indiana that represents approximately $383 million dollars. Hoosiers have 25 years to make a claim for the unclaimed property otherwise they no longer can and all that money becomes the property of the State of Indiana.
Securities valued at over $150 million, account for most of the unclaimed assets with uncashed checks coming in second and are valued at over $68 million. Unclaimed wages are next in line at almost $60 million and unclaimed insurance is close behind at over $51 million. The fewest number of unclaimed properties is found to be unclaimed Safe Deposit Boxes which amount to $272,000.

“What is really surprising however is that since 2006 the number of people making a claim has been steadily declining. In 2006 over $54 million was returned to Hoosiers, but sharply declined in 2007 to just over $37 million and then to almost $35 million in 2008”, says Edward Palonek
“During these very difficult economic times, taking action now could put much needed money in the pockets of thousands of Hoosiers and others” says Palonek. In fact over 3,000 people are owned more that $10,000 each, in the State of Indiana while almost 21,000 residents are owed between $500 and $2,000 each.
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. Don’t delay in starting your search at foundmoney.com for unclaimed money, you may be richer than you think.

Palonek reminds Mississippians and others they have 3 years to file their tax returns to make sure they collect refund money owed to them by the IRS.
It’s that time of year again when everyone is thinking about filing their tax returns and the ones that do not, can be missing out on a fair amount of refunds from the federal government.
In cases where a return was not filed, the law provides most taxpayers with a three-year window of opportunity for claiming a refund. If no return is filed to claim the refund within three years, the money becomes unclaimed property of the U.S. Treasury. For 2006 returns, the window closes on April 15, 2010. The law requires that the return be properly addressed, postmarked and mailed by that date. There is no penalty assessed by the IRS for filing a late return qualifying for a refund.
According to U.S. Senator Roger Wicker, R-Miss., in 2008 t he Internal Revenue Service (IRS) is holding more than $10 million in unclaimed refunds for over 12,000 Mississippians who did not file a federal tax return in 2005. For 2009 those number can be even higher. “I strongly encourage every Mississippian to check their records and make sure that they received their 2005 federal tax refund,” said Sen. Wicker.
The April 15th deadline is approaching, so those who did not file in 2006 should act. You can do so with no penalty from the IRS and still claim your refund.
The IRS estimates that the average Mississippian who is eligible for a refund would receive about $500. Some individuals may not have filed because they had too little income to require filing a tax return even though they had taxes withheld from their wages or made quarterly estimated payments.
The IRS reminds taxpayers seeking a 2006 refund that their unclaimed checks will be held if they have not filed tax returns for 2007 or 2008. In addition, the unclaimed refund will be applied to any amounts still owed to the IRS and may be used to satisfy unpaid child support or past due federal debts such as student loans.
By failing to file a return, individuals stand to lose more than refunds of taxes withheld or paid during 2006. Many low-income workers may not have claimed the Earned Income Tax Credit (EITC) and which gives them even more unclaimed cash.
“During these very difficult economic times, taking action now could put much needed money in the pockets of thousands of Mississippians and others” says Palonek, founder of a unclaimed money and asset search service called foundmoney.com, where people can search their names and the names of friends and relatives to see if they have any unclaimed cash that can be claimed.
According to Palonek, some of the unclaimed assets come from Banks, insurance companies, energy and telephone utilities and companies paying oil royalties. Money, stock or other financial instruments that have been dormant at institutions, or checks and refunds that could not be delivered to the right party, eventually must be turned over to the state. Don’t delay in starting your search at www.foundmoney.com for unclaimed money, you may be richer than you think.

Are you one of the people in California that promised yourself not to over spend during during Christmas shopping but couldn’t resist all those sales before and after Christmas. Now you find yourself wondering how you are going to pay off those credit cards once your statements start to come in the mail next month. You will be happy to know that there may be way to pay off that debt by the click of your computer mouse.

Palonek, founder of Foundmoney.com, a company specializing in helping people find unclaimed money, since 1994, says that you may be one of millions of Californians owed money by the State.

John Chiang, the Controller for California says that from January 2007 through the end of 2009, his office sent out 3.17 million notices, which consisted of 1.27 million letters that were warning owners their property was about to be sent to the State, and another 1.89 million notifying owners their property had been sent to State.

Last year, California passed new unclaimed property rights to protect owners of such property. Financial institutions can no longer send the contents of "abandoned" safe deposit boxes to the State if the owner has other active accounts. It also prohibits the transfer of other “inactive” accounts if the owner has an active IRA. In addition, a business must prove they sent due diligence notices informing owners that their property was about to be sent to the State if they want to avoid any liability.

According to Palonek, this part of the provision found in the new legislation now gives unclaimed property owners an important legal remedy that will protect them if they suffer any loses due to the business' failure to properly notify the owner of the unclaimed account.
“Many folks could use some extra cash right now to pay off those credit card bills and Foundmoney.com wants to help give Californians get back their unclaimed accounts”, says Palonek.
The State of California is currently in possession of more than $5.7 billion in Unclaimed Property belonging to approximately 11.6 million individuals and organizations.
The most common types of Unclaimed Property for Californians are:
• Bank accounts and safe deposit box contents
• Stocks, mutual funds, bonds, and dividends
• Uncashed cashier's checks or money orders
• Certificates of deposit
• Matured or terminated insurance policies
• Estates
• Mineral interests and royalty payments, trust funds, and escrow accounts.
California Unclaimed Property Law does NOT include real estate property.
You could be one of those lucky Californians that have money just sitting there waiting to be claimed. Don’t delay, start your search, you could be richer that you think
Contact
Foundmoney at www.foundmoney.com
Edward Palonek at www.edwardpalonek.org

“Foundmoney was the first company to make the national database of unclaimed money searchable on the World Wide Web. Today Foundmoney is often duplicated but never replicated.” says Mr. Palonek. People can now find out within seconds, if any property belongings to them. Unlike in the past where finding money was a difficult process due to the enormous complexities with the records not been digitized. "Finding lost and forgotten family money couldn't be any easier or more fun, says Mr. Palonek, whose company has a successful track record in reuniting people with their unclaimed or "lost" money. Individuals can now check this out in the convenience of their homes, simply by visiting our website at www.foundmoney.com.

Palonek and Found Money
http://blog.foundmoney.com
http://www.foundmoney.com

Are you one of the people in California that promised yourself not to over spend during during Christmas shopping but couldn’t resist all those sales before and after Christmas. Now you find yourself wondering how you are going to pay off those credit cards once your statements start to come in the mail next month. You will be happy to know that there may be way to pay off that debt by the click of your computer mouse.

Palonek, founder of Foundmoney.com, a company specializing in helping people find unclaimed money, since 1994, says that you may be one of millions of Californians owed money by the State.

John Chiang, the Controller for California says that from January 2007 through the end of 2009, his office sent out 3.17 million notices, which consisted of 1.27 million letters that were warning owners their property was about to be sent to the State, and another 1.89 million notifying owners their property had been sent to State.

Last year, California passed new unclaimed property rights to protect owners of such property. Financial institutions can no longer send the contents of "abandoned" safe deposit boxes to the State if the owner has other active accounts. It also prohibits the transfer of other “inactive” accounts if the owner has an active IRA. In addition, a business must prove they sent due diligence notices informing owners that their property was about to be sent to the State if they want to avoid any liability.

According to Palonek, this part of the provision found in the new legislation now gives unclaimed property owners an important legal remedy that will protect them if they suffer any loses due to the business' failure to properly notify the owner of the unclaimed account.
“Many folks could use some extra cash right now to pay off those credit card bills and Foundmoney.com wants to help give Californians get back their unclaimed accounts”, says Palonek.
The State of California is currently in possession of more than $5.7 billion in Unclaimed Property belonging to approximately 11.6 million individuals and organizations.
The most common types of Unclaimed Property for Californians are:
• Bank accounts and safe deposit box contents
• Stocks, mutual funds, bonds, and dividends
• Uncashed cashier's checks or money orders
• Certificates of deposit
• Matured or terminated insurance policies
• Estates
• Mineral interests and royalty payments, trust funds, and escrow accounts.
California Unclaimed Property Law does NOT include real estate property.
You could be one of those lucky Californians that have money just sitting there waiting to be claimed. Don’t delay, start your search, you could be richer that you think
Contact
Foundmoney at www.foundmoney.com
Edward Palonek at www.edwardpalonek.org

“Foundmoney was the first company to make the national database of unclaimed money searchable on the World Wide Web. Today Foundmoney is often duplicated but never replicated.” says Mr. Palonek. People can now find out within seconds, if any property belongings to them. Unlike in the past where finding money was a difficult process due to the enormous complexities with the records not been digitized. "Finding lost and forgotten family money couldn't be any easier or more fun, says Mr. Palonek, whose company has a successful track record in reuniting people with their unclaimed or "lost" money. Individuals can now check this out in the convenience of their homes, simply by visiting our website at www.foundmoney.com.

Palonek and Found Money
http://blog.foundmoney.com
http://www.foundmoney.com

Wondering what you can do for Christmas? You could get your picture taken with Santa or you could find a box under the Christmas tree filled with money.

Edward Palonek from Found Money says, “Texas residents may own part of a $2 billion treasure trove. That’s the estimated value of unclaimed property — including overpayments, co-op dividends, abandoned bank accounts, royalties and the contents of safe-deposit boxes held for Texans.”

Banks and companies make every effort to unite these assets with their rightful owners, but if they cannot after a one to five year period, the assets are turned over

in unclaimed money that remain to be claimed. Some of this money is in the form of dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings. Unclaimed Property also includes tangible property such as jewelry, coins, currency, stamps, historical items and other miscellaneous articles, from safe deposit boxes.

“With just 71,220 families in Tampa, the chances of finding money are pretty good”, says Palonek. It appears that half of these families could have some unclaimed money. This works out to be roughly a $368 per family. Some Tampa residents have more money then others.

Mr Palonek, founder of FoundMoney.com, helps to reunite people with their lost or forgotten money and was the first to create a national database. Foundmoney, a company started in 1994, specializes in unclaimed money and has reunited thousands of people with their lost and forgotten money.

To search for your name visit foundmoney.com’s website and you could find that unexpected gift full of cash.

Contact
Foundmoney at www.foundmoney.com

LAS VEGAS --- The recent announcement from of General Motors that, without a bailout, the company could face further problems has prompted FoundMoney.com (http://www.foundmoney.com) Founder Edward Palonek (http://www.edwardpalonek.org) to comment on the situation. FoundMoney.com is an Internet-searchable database for unclaimed money, and Palonek reports that the big three have millions of dollars sitting and collecting dust.

"A worst case scenario has been presented to congress which summarizes that GM's new operations would need more money than the already allocated $13.4 billion dollars," said Palonek. "The big three automakers need to examine other potential streams of cash. "The problem of auto makers not collecting money extends to almost all foreign car makers, such as, Toyota and Honda."

According to Foundmoney.com, General Motor Company (GM) has over 1,500 unclaimed money records with the estimated worth of $3.4 million. Chrysler Company has about 1,200 records with unclaimed funds worth over $1.6 million, while Ford Motor Company has more than 1,300 records in the Foundmoney.com database totaling over $2.2 million.

"The problem of domestic companies not realizing that they could recover this money quite easily also extends to foreign car makers," added the unclaimed money expert.

Toyota has an estimated $918 thousand of unclaimed funds and Honda has over just under $500 thousand in unclaimed money.

"Millions of individuals have recovered millions of dollars in recent years with companies like Foundmoney.com," stated Palonek. "While the auto makers sit on a pile of gold, they continue to ask for bailout money. Some auto makers have taken drastic cuts, which is evidenced in the recent Detroit Auto Show where some carmakers did not show up. Mitsubishi, Nissan, Ferrari, Land Rover, Rolls-Royce and Suzuki where among those car manufactures that did not attend the auto show in an attempt to save money."

Foundmoney.com reports that Nissan has over $700,000 of unclaimed money - money that could have helped to pay for the auto show.

FoundMoney.com is the Internet's largest search engine for unclaimed funds. Its database was opened in 1995 with over 1,000,000 records. Palonek started the company after his own parents passed away. As he realized the difficulties imposed by financial institutions when recovering this money, Palonek made his research available to the public.

Palonek and his company would like to offer the big three automakers a free service to help them recover their unclaimed funds. "Full story be told, millions of dollars are at stake here. Foundmoney.com would help the auto makers with the appropriate claims for some 7,000 plus records containing millions of dollars. It's money you just can't ignore when you're strapped for cash," commented Palonek.

"This month, General Motors will receive $9.4 billion and Chrysler, $4 billion. The other $4 billion will come in February but only when Congress approves a request for the second half of the financial bail out fund. In the mean time, FoundMoney is in the process of contacting the companies involved, and we hope to hear a response soon," said Palonek.

Featured on television shows such as Oprah Winfrey and Maury Povich, FoundMoney's service guarantee assures users that the information available to clients within the database will contain more than $50 or a full refund is available.

"For years the automakers have ignored missing money. Harsh economic times make finding unclaimed money a great cash infusion - not just for the automakers,but also for any individual. Millions of people have already visited Foundmoney.com to locate money using a proven method for unclaimed funds recovery."

According to the National Association of State Treasurers, there currently is more than $30 billion in unclaimed money, and with the total rising faster than people claiming, it is projected that by 2020 there could be as much as $40 billion of unclaimed money. "Aging boomers are adding more significantly to this number," remarked Palonek. "If someone forgets about a savings account today, that account may potentially take over five years before it reaches status of unclaimed money. As in the case of the automakers, it is certain there will be more unclaimed money in the coming years."

There is no doubt the world economy is facing some tough issues ahead, but there may have a positive cash infusion into the economy from an unlikely source: unclaimed money. This is a world wide phenomenon with billions of missing money world wide. In the UK people are urged to check and double check whether they've got any missing money in old accounts they might have forgotten about. Banks are making a considerable efforts to locate their rightful owners.

While most countries will keep missing money in a special accounts for future generations to claim, some other countries and institutions do not follow this road. Recently a man in Shanghai has failed to collect a lottery jackpot of $827,700. As a result that money will now be added to the next draw.

It is estimated that Americans have more missing money per capita then any other country. “This is good news for the dire economy, now we just have to find the people who are owed this money. “ says Edward Palonek founder of Foundmoney.com.

The best method for searching money is to conduct a search on a national database of missing money. Found money provides such a database with unprecedented proven track record, this is one website you can bookmark.