Posts Tagged ‘Colorado unclaimed funds’

“The Colorado State Treasurer currently maintains a list of over 1.7 million names of individuals as well as businesses for whom property is available.”

If I hear one more person say “such and such website is THE website for searching for unclaimed money”, I am going to shoot myself in the foot. Not sure what good it will do, but it has to be better than hearing this insane lack of accurate reporting the little and BIG MEDIA has bought into our homes and reported as fact over, over and over again.

The truth is, there is NOT a central database ANYWHERE which holds claims all possible claims to you from every state in America. You MUST contact the state, and preferably in writing.

You also have to be extremely careful about where you are searching. There are companies who “buy lists” directly from the government and add them to their database. These sites appear to be even less useful since they have to continuously have to keep adding names to their database and even they do not claim to have EVERY POSSIBLE CLAIM.

Why waste your time???

You only need to know where to search, and Russ Johnson’s newly released Amazon.com kindle book release spills all the beans.

Now available on Amazon.com

How To Find Unclaimed Money in Colorado (Missing Money and Unclaimed Property)

I also want to destroy another unclaimed money myth. YOU MUST SEARCH AT LEAST ONCE PER YEAR. I have heard numerous times the statement, I have already searched for my Colorado unclaimed money and I didn’t find anything. Well….this may be true, but just because you searched yesterday, does not mean you shouldn’t search again. In fact, if you love to have fun, you should search every few months as millions of dollars are added year round.

Many people who don’t live in and have never even been to Colorado are also owed CO unclaimed money for a variety of reasons. For example, if someone works for a company in their home state, but the company is incorporated in Colorado, things like lost payroll checks may be held by Colorado treasury unclaimed money, while their home state will have no record of these funds. A similar issue arises when people have insurance through out of state companies. This is yet another reason that one search won’t cut it.

Register now and start a Colorado unclaimed property search right now and find your money within minutes.

Additional resources:

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Wikipedia definition of unclaimed money

A jade necklace, assorted jewelry, a diamond-encrusted Buddha figurine- these are some of the family heirlooms that Nora Wang thought she had lost forever. A short while after receiving an overseas call from her son (she’s now based in Taiwan), the 60ish Chinese immigrant joyously finds out the priceless heirlooms that have been passed-down through her grandmother still remains with her family. This according to a report in the Rocky Mountain News.

“The Great Colorado Payback” is a program run by the State Treasurer’s office aiming to reunite Colorado unclaimed money and property to its rightful owners. Residents that have lost track of their financial assets through forgetfulness, change of address, death, etc. Nora Wang lost track of her safe deposit box when her bank’s ownership changed hands and she moved to Taiwan from the U.S.

Right now, the Colorado unclaimed money pile has grown to $50 million from unclaimed property collected throughout the State. The National Unclaimed Property Law, to keep citizens from losing their financial assets altogether, requires businesses and financial institutions to hand over dormant and idle accounts, uncashed checks, insurance policies, forgotten stocks and bonds and the like to the State. Tangible unclaimed property are auctioned-off if the State can’t find the owners after a while, so Wang was very fortunate not to have had her family jewels converted to Colorado unclaimed money.

Wang’s case just shows how important it is for Americans to do an unclaimed property search in all the State Treasuries they may have property in. Knowing how to do a thorough search for unclaimed money can spell cash for Americans during lean times like this.