You may be surprised to know that Florida is holding $2 billion dollars of unclaimed cash owed to about 8 millioni people nationwide! These unclaimed accounts have been abandoned or forgot about by the account owner and now lay in the Florida Department of Financial Services possession until claimed.
Citizens nationwide need to be notified about the ever-growing amount of unclaimed cash in Florida and nationwide. Minimal advertising is not reaching the millions of people owed the money from the unclaimed accounts.
Over $171 MILLION was returned to the rightful owners in the fiscal year of 2006. This is an increase of over $70 MILLION from the previous fiscal year of 2005, which totaled $101 MILLION in unclaimed cash returned. Not only is there currently a massive amount of FL unclaimed funds but Florida unclaimed cash is on the rise. While this may seem like a lot of unclaimed funds returned, there was $271 Million added to the unclaimed money pot in Florida.
This means the unclaimed money total is growing by about $100 MILLION per year!
People should conduct a simple search using their name, and other aliases, to see if they are owed unclaimed funds. This can be done in a quality database that covers all state and federal unclaimed money funds.
Bill McIntosh stated, "It takes only seconds to conduct a search to see if you are owed unclaimed money and could very possibly mean a check in the mailbox for millions of people. The only reason I can think of that would explain the rise in unclaimed funds in Florida is that people are unaware of the high likelihood they are owed unclaimed cash."
People conducting a search for their unclaimed money should also search the names of their immediate family members and notify them if unclaimed accounts are found in their name.
Claiming the lost funds requires a standard claim for and proof of identification such as a license and/or birth certificate. Occasionally some claims require proof of ownership or entitlement to the unclaimed cash. This is usually the case when an heir is claiming the unclaimed account.
Searches should be conducted using your full legal name. When conducting and unclaimed money search it is smart to search variations of your legal name. Accounts are often reported under a variation of your legal name such as a nick name or first initial only.
Also, after searching for unclaimed money print out and complete all of the necessary claim forms for securing your unclaimed money. Finding it isn't enough. You have to claim it as well! Most sites offer unlimited searches so you can search the names of your family and friends to see if they are owed unclaimed money too!
Unclaimed money is reported multiple times per year and is growing BILLIONS annually so it is good to check for your unclaimed money 2 to 4 times per year. Now you can go and claim your unclaimed money today!
Nicole Anderson offers additional information about unclaimed money at http://www.cashunclaimed.com
If you want to get back your lost money and unclaimed funds without any hassles, just visit http://www.cashunclaimed.com to search 120+ databases in one go. Conduct a single search and all the money owed to you will be flashed on your screen.
Source: www.articlesbase.com
