- Learn how to find out quickly and for free if your state owes you money.
- Unclaimed money is any payment that has not been collected by the recipient to whom it is intended.
- Some states make web pages available to their residents to check if they have property or money in their favor.
Billions of dollars in personal property go unclaimed each year. As many people need extra money to cope with the economic crisis caused by the COVID-19 pandemic, we explain how you can quickly and free of charge check if your state owes you money.
Unclaimed money is any payment of a debt by a company, government agency or other sources that has not been collected by the beneficiary to whom it is directed.
Find out if your state owes you unclaimed money
Whether it’s an unclaimed deposit, an uncashed check, stocks, past stimulus checks, bonds, a refund, a cash settlement, a utility deposit, or even insurance benefits, with some state-authorized pages you can tell if your state has money going for it waiting to be claimed.
For example, South Carolina is now trying to engage state residents through social media. “Matchelor”So they can receive their money without claiming. “New York retains $ 16.5 billion in lost or forgotten property, while California property is valued at about $ 10.2 billion,” CNET reported.
You can get up to $ 2,000 on average
According to the National Association of Unclaimed Property Managers, the average claim paid per person in 2019 was $ 1,780.
When the state cannot locate the beneficiary of unclaimed money after a period of time, they must send the item or unclaimed money to “an office of unclaimed property administered by the state until the owner claims it,” reported the reviewed outlet.
Verification is free and easy in most states
Checking for unclaimed money is free and easy in most states. Likewise, claiming the property is also free, however it can be a bit tricky as you have to collect certain documents to prove that you are the rightful owner.
The National Association of Unclaimed Property Managers makes available links to official web pages where you can search for unclaimed property or money for each state, the District of Columbia, Guam, Puerto Rico, and the US Virgin Islands.
Where to check if your state owes you money?
To check if your state owes you money, you can go to the Unclaimed.org website. Once on the page, you must select the state or province where you reside and you will automatically be redirected to the unclaimed property portal of the chosen state.
Once on your state page you will need to enter your basic information. The official web portal may request your full name, middle initial and the city where you live. You can try using or omitting the suggested fields to limit or expand the results.
What if you have moved? Other forms of verification
If you have lived in more than one state you can find out if you have unclaimed money in your name through the Missing Money website, this page, which is endorsed by the National Association of Unclaimed Property Managers, allows you to check on 39 states at the same time.
However, the search tool is missing 11 states: California, Connecticut, Delaware, Georgia, Hawaii, Kansas, Oregon, New Jersey, Pennsylvania, Washington, and Wyoming.
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