![]() ![]() ![]() The government must hold onto this unclaimed money for a certain number of years. Why Does The Government Hold Unclaimed Money? In these cases, the money is sent back to the company or government account where it originated before it’s sent to the government unclaimed money account that is in place for situations just like these. A check is sent out from an old insurance payment or a utility deposit and the money never ends up reaching the intended recipient. Usually, unclaimed money becomes unclaimed when it’s lost in the mail. The government is holding onto unclaimed money that comes from a variety of sources. Where did this unclaimed money come from and why is the government holding it? More importantly, how do you claim that unclaimed money so that you can have it all to yourself once more. These items are now available for sale and are posted for your review on our eBay site.ĭid you receive an unclaimed property notice like this Post Card(pdf)? The Comptroller's team sends out notices quarterly in an effort to connect rightful owners with their property.Did you know that the government may be holding unclaimed money that belongs to you? If you belong to the group of one in eight Americans that are owed unclaimed money, you might find that you are suddenly hundreds or even thousands of dollars richer. Buy it! We are mandated by state law to place for reauction items we have received and kept in storage.Report it! Financial institutions, insurance companies and corporations are required to report contents of safe deposit boxes, bank accounts, wages, insurance benefits, security deposits, stock dividends and other property to our office if they remain unclaimed for three or more years.Claim it! If you find it, we'll help you claim it.Find it! Search the database to see if you have any unclaimed property. ![]() Learn about it! What is Unclaimed Property? What forms do I need? How does it work?. #Www collierclerk com unclaimed monies free#You can search our records online free of charge.Īs a proud board member of the National Association of Unclaimed Property Administrators (NAUPA), I will continue to look for new and innovative ways to proactively reunite every Marylander with their unclaimed property. The owners/companies or their legitimate heirs can claim the funds at any time. Over the years, we have reunited over $1 billion in cash and items to their rightful owners. Here at the Comptroller's Office we take our responsibility to locate the owners of unclaimed property very seriously. Real property is not included.Īll money collected from auctioned items is kept for the original owner (or rightful heirs) and can be claimed at any time. The Comptroller's Office tries to locate the rightful owners of stocks, bonds, savings accounts, security deposits, contents of safe deposit boxes, insurance proceeds and other valuables which are reported to us as unclaimed by banks and other financial institutions after three years. As Comptroller, one of my top priorities is reuniting Marylanders with their lost or misplaced property. Welcome to the Maryland Unclaimed Property Web site.
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