Posts Tagged ‘New York unclaimed money’

Finding unclaimed money in New York is fun!

$11 BILLION DOLLARS WAITING TO BE CLAIMED IN NEW YORK

Conduct your New York Unclaimed Money Search

Sometimes we get so busy in our lives looking for that ‘something’ that will make it all worthwhile. We get so engrossed in our day-to-day tasks that most of us don’t notice that what we’re looking for is right there under our noses. No, I’m not trying to be the Dalai Lama or Dr. Phil talking about divine peace or everlasting love. What I’m talking about, though less spiritual, is nevertheless significant in our life and will most probably catch your attention as much as anything a religious leader or a cultural icon will say.

I’m talking about money. $11 billion in New York unclaimed money and property, to be precise, just waiting to be reunited with thousands of their owners who are most likely busy trying to make money, ironically. According to State Comptroller for New York, Thomas P. DiNapoli, “We want to return unclaimed funds to their rightful owners. The money belongs to New Yorkers. We want to give it back.”

There is are statutes across the country called Unclaimed Property Laws or escheat laws that require businesses and financial entities to hand-over lost and abandoned financial assets like uncashed checks, forgotten bank accounts, unused gift certificates or cards, uncollected salaries, unredeemed insurance policies, stock dividends, safe-deposit bank contents and other funds to each individual State Treasury Departments after a specific ‘idle’ time called the ‘dormancy period’. This period varies depending on the state. In New York though, it’s either 2 or 5 years depending on the type of asset. The size of the New York unclaimed money pile is one of the biggest in the country. The money goes into the state’s Unclaimed Property Fund where it stays until the rightful owner comes to claim it.

When people change their address, get new jobs, or marry and change their last names, they sometimes forget to leave a notice for the financial institutions like the IRS or their banks. Undelivered mail results and the tax refund checks or finance notices then don’t reach their intended recipient and are sent back to sender. The more hectic a person’s career is therefore, the more likely it is that he’ll lose track of his financial assets. With the notorious hustle and bustle of New York, it’s not surprising it is home to so much unclaimed money and property.

“More people have unclaimed funds than they think,” says the senior manager for financial consulting juggernaut KPMG’s Allison Iavarone in a recent report on missing money by New York’s The Daily News. Surprisingly, Madonna, the Yankees, the Mets, Justin Timberlake, P. Diddy, Michael Bloomberg, Billy Joel, and Bob Dylan have all turned-up on a list of New York State unclaimed property owners.

Everyone should search for lost assets especially if they have a lot of relatives or if they’ve had a busy professional life. Valerie Jundt, a senior manager at tax consulting firm Deloitte & Touche advised, “You should check the state where you’ve lived and last resided.”

Russ Johnson has released a title on Amazon.com for finding unclaimed money and property in the state of New York

Buy Now on Amazon.com and received 5 years unlimited and complimentary access to search for unclaimed money in New York State

Related sites:

New York city unclaimed funds
unclaimed funds New York city
New York state treasury unclaimed funds
New York state unclaimed
New York comptroller unclaimed funds
unclaimed checks New York
New York treasury unclaimed property
New York state unclaimed funds website
New York state unclaimed funds list
unclaimed bank accounts New York
New York unclaimed money
New York unclaimed funds
New York unclaimed property

Unclaimed Money Information: Amazon.com

Posted: March 20, 2012 by unclaimedmoney in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Escheat, Federal Unclaimed Money, Florida, Georgia, Government Money, Hawaii, Idaho Unclaimed, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Money Databases, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tax Returns, Tennessee, Texas, U. S. Unclaimed, Uncategorized, Unclaimed Money, Unclaimed Money List, Unclaimed Property, US Treasury, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, Wyoming, You Might Be Rich
Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

UNCLAIMED MONEY IN AMERICA

Though I will be introducing each book separately, I wanted to go ahead and release all 50 books just released on Amazon.com

Be sure to read your states description for important information.

Alabama Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Alaska Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Arizona Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Arkansas Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

California Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Colorado Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Connecticut Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Delaware Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Florida Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Georgia Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Hawaii Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Idaho Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Illinois Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Indiana Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Iowa Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Kansas Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Kentucky Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Louisiana Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Maine Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Maryland Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Massachusetts Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Michigan Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Minnesota Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Mississippi Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Missouri Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Montana Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Nebraska Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Nevada Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

New Hampshire Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

New Jersey Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

New Mexico Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

New York Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

North Carolina Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

North Dakota Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Ohio Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Oklahoma Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Oregon Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Pennsylvania Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Rhode Island Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

South Carolina Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

South Dakota Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Tennessee Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Texas Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Utah Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Vermont Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Virginia Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Washington Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Washington DC Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

West Virginia Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Wisconsin Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Wyoming Unclaimed Money: How To Find (Missing Money & Unclaimed Property in America

Amazon publisher Russ Johnson

With the weak dollar and the current state of the US economy, quick extra cash would most certainly be a blessing for most Americans right now. A recent story in “The Independent” reported that a record 28 million Americans are relying on food stamps to survive. Is this The Great Depression ’08? Not quite, but across the U.S, rising fuel, the housing slump and national credit crunch is forcing Americans to make lifestyle changes. Fact is, more and more people all over the country are working extra hours and looking for ways earn a few more bucks to make ends meet. Ironically, a lot of them might not have to look any further than their State Treasury Department. Not many people are aware that they are owed money by the government but it’s a fact. Residents of the 50 states are owed over $30 billion spread-out among the individual Treasury Departments and New York State’s unclaimed money account is one of the biggest.

State unclaimed money can come from various sources for various reasons. 17,000 Albany residents for example, have yet to cash their property tax rebate checks amounting to $5.6 million. Any unclaimed checks will get turned-over to the State Comptroller on March 2009 as NY State unclaimed money. WXXi recently reported that Monroe County has 40 uncashed checks waiting for it in the New York State Comptroller’s office. “For confidentiality reasons I can’t tell you the exact amount, but the funds on all the claims range from less than $50 to several thousand dollars.” Emily DeSantis of the Comptroller’s office said.

According to NY State Comptroller Thomas DiNapoli in a Queens Gazette report in Sept. ’08, a total of $9 billion in NY unclaimed money and property are just waiting to be claimed by their rightful owners- most of whom are unaware they’re have unclaimed funds in their name. This might include 440,000 resident retirees and disabled veterans who haven’t filed for their tax stimulus in the various counties of the Empire State. “Most people only need to file a tax return as they normally do,” Dianne Besunder, spokeswoman for the IRS says in Schenectady’s Daily Gazette. “We will calculate eligibility and payment amount. However, many retirees and veterans do not normally file a tax return because their benefits are not taxable. This year, they must file in order to receive an economic stimulus payment.”

Those that have heard about unclaimed property money usually don’t bother to check thinking it’s too much of a fuss. These are the reasons why the money is piling-up. On Monday this week, ABC’s WSYR helped dozens of Central New Yorkers find over $11,000 of their missing money. Four callers on “The Morning News” found-out they had at least $1,000 NY unclaimed money in their name.

The New York State’s Unclaimed Property Law require that lost assets in the hands of businesses and financial institutions be turned-over to the state after a ‘dormancy period’ of 2-5 years depending on the type of asset. The Empire State has one of the biggest fines (up to $50,000) for failure to ‘escheat’ or turn over abandoned assets. These can be uncashed checks and money orders, insurance policies, stock dividends, long-dormant bank accounts, safe deposit box contents and other financial assets. The state then holds on to them until the rightful owners show-up. There’s no time limit as to when owners of unclaimed money can claim their cash, but doing an unclaimed property search in New York would be the more sensible thing to do especially in light of a recent news report about a man getting arrested for stealing New York unclaimed money.

The North County Gazette reported July last year that an owner of a Brooklyn processing company was charged with defrauding over $32,000 New York unclaimed money from the state. He did this by posing as the rightful owners of the funds using personal confidential information like Social Security numbers which he had access to in his line of work. He was a licensed process server and CEO of the company. There was another case just last month in Delaware about an employee with the State government doing the same thing. Reports like this just stresses the urgency for people to do an unclaimed money search in New York and other states to check if they are owed cash that should be in their pockets and not going to those of other people’s.

Personal Blogs - BlogCatalog Blog Directory
Link With Us - Web Directory