I’ve never paid too much attention to those news stories about people finding lost or unclaimed money. It’s not that I doubted that they did, just that I never considered myself the kind of person who would forget about a bank account I had opened or a paycheck I was owed.
But when I recently came across the website MissingMoney.com, I decided to do a search.
And my husband’s name came up.
As it turns out, when my husband – who is an insurance agent – moved his office a few years back, a commission check he was owed never found its way to him. It wasn’t thousands of dollars (or even hundreds) but the $55 and change he was owed was worth the hour or so of work it took me to retrieve it.
MissingMoney.com is a database of unclaimed government property. According to their website, these are the kinds of things that states and provinces typically take possession of when the owner can’t be found:
- Bank accounts and safe deposit box contents
- Stocks, mutual funds, bonds, and dividends
- Uncashed checks and wages
- Insurance policies, CDs, trust funds
- Utility deposits, escrow accounts
The process for finding and claiming money was pretty simple. Once I found his name on the website I had to complete a claim with MissingMoney.com, that was forwarded to the state (in this case, Kansas).
From that point on, it was in the state’s hands.
I had to provide the state with something that proved he had been at the previous address. I pulled an old bank statement.
I sent all of that off in January and he got his check in April. So it wasn’t an especially fast process, but it was certainly an easy one.
Have you found unclaimed money? Please share your experience in the comments.