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Many Veterans Have Unclaimed Money
By USVCP Staff
April 30, 2018
It is reported that 8 out of 9 people have unclaimed money. According to many online search companies, there is close to 60 billion dollars that is available with state governments, financial institutions, and/or companies. The most common unclaimed money is ‘no owner contact’ for forgotten checking and savings accounts, as well as security deposits, IRS unclaimed refunds, uncollected insurance checks and even inheritance that is simply sitting; untouched and unclaimed.
The most common types of Unclaimed Money are:
- Savings/checking accounts, safe deposit box contents
- Stocks, mutual funds, bonds, dividends
- Uncashed cashier's checks/money orders
- IRS refunds
- Wages, child support payments
- Matured or terminated insurance policies
- Estates
- Trust funds, escrow accounts
- Disability increases
There are many ways to research whether you are owed money, but, it will cost you a lot of time, energy, and monetary resources to claim money that may or may not be yours. Just remember, online search companies will charge you a hefty fee to go through millions of public records.