How To Reclaim Found Money In Your Name

By Frank Cole


You have just discovered that you have some unclaimed cash owed by the state or federal government and are already feeling a little richer. Once you find the lost cash, however, it is important that you feel great while taking the necessary steps to claim it from the state or federal government into your hands. Read on to discover exactly how you can reclaim found money.

The process for recovering unclaimed cash usually differs in every state. In other words, forget about a one-size-fits-all solution to reclaiming your cash. The first step, therefore, should take you to the ideal website where details about the cash lie. The National Association of Unclaimed Property Administrators runs a website with links to other sites in different states where you can go make your claim for the uncollected cash in your name.

Identity verification is the next important step in reclaiming your uncollected monies, once you have established the appropriate online site. This will vary according to the state, but some of the basic documents include a copy of the social security card or proof of your social security number. It is important that you do not leave out a state-issued ID, such as your driving license.

Besides the documents above, you may still be required by your state to verify the address to the property you are claiming. For the most part, people use a utility bill. However, your current address is a requirement in most states. In other words, the state will need that you prove full identity and address for them to confirm that you are the genuine recipient to the unclaimed cash.

Once you have checked the relevant site and have prepared all the documents they need, the next stage is where most people enjoy. You can now file your claim in order to have the lost cash transferred to your account. But before you do that, a good rule of thumb is to carefully go through the claim instructions on the website. You may want to make sure your state allows electronic submission of documents.

Once you have found the missing cash and submitted your documents either through snail mail or online, you can now wait for the check to arrive. This, unfortunately, varies widely according to the state. Some states only take two weeks from the time you filed the claim, while others may take more than six months. In some cases, you may not know the amount you will get until the check arrives.

Many people still do not know how to check if they are benefactors to missing cash. In case your name does not appear after running a search with the search engine of NAUPA, consider using other sites that may have links to your state. Be sure to confirm with every state you have lived in over the years.

Make your search wider by including other names. Many potential beneficiaries of monies owed to parents are unaware of it because they only search their name. Additionally, the Internal Revenue Service is another place where your money could be hiding as unclaimed tax refunds.




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