Top 10 Reasons Why Unclaimed Money Exists And How To Find It
Could you use a little extra money? How about a lot more money? Sure you could. Right now there are families losing their homes, their jobs and many families can’t even afford to put food on their tables. Whether you need the money for necessities or you merely want to splurge on a spa vacation, you should conduct a search for unclaimed money. First, you should learn why unclaimed money exists and then you should study how to find unclaimed money so that you can get a bit more income for you and yours.
Why Unclaimed Money Exists
The ten reasons why unclaimed money exists include:
- Bank accounts: The bank account was so tiny you thought you’d just leave it be. You never closed it and the balance grew. Now you have tens or hundreds or even thousands waiting to be claimed.
- Utility Deposits: Most utility companies return whole or part of your deposit to you when you move.
- Rental Deposits: The landlord may not have your forwarding address. Are you sure you received all the rental deposits coming to you?
- IRS Refunds: Did you collect all the tax refunds coming to you for all the years you filed? This is one of the main reasons why unclaimed money exists.
- Inheritances: A relative may have passed and left behind a lot of money. When you learn how to find unclaimed money, make sure you search in friends’ and family members’ names as well so that you can cover all bases.
- Safe Deposit Boxes: You or a relative may have abandoned a safe deposit box. You never know what you may find inside.
- Court Settlements: You may have won a court settlement and may have money coming to you that you don’t even know about. Some court settlements amount to thousands of dollars. How much do you think you might be getting?
- Insurance Payouts: Life insurance policies where you are the benefactor and other insurance payouts may be held for you until you come forward. You will need to learn how to find unclaimed money in order to receive this money and claim it as your own.
- Final Paycheck: Did you leave a job and somehow fail to cash your final paycheck? Maybe the final paycheck was mailed to you and you never received it? These types of situations happen often and this is another common reason why unclaimed money exists.
- Moving Away: The fact is, most people move and never receive the checks that may have been sent to them. This amounts for most of the unclaimed money in state and government accounts all over the country.
How To Find Unclaimed Money
Now that you know more about the process of losing money, let’s go through the process of how to search for this lost or missing money. You only need your first and last name. That’s it. You should also consider using your friends’ and family members’ names, just so that you can conduct a thorough search.
The more unclaimed money you uncover, the more you will help the states and the country’s economy as a whole. You might also learn how to find unclaimed money for you and your friends and family members, making you all just a little bit wealthier. The only thing left to decide is what to do with all the money you all have found.
Now you know why unclaimed money exists and how to search for unclaimed money so that you can claim it and spend it however you want. Happy searching.