UK Today News: Missing Money and Unclaimed money in the Reserves – Know how to claim your cash
Missing Money, Unclaimed Money: It sounded like free money or some sort of a financial scandal, but the CBS news reported that more than $33 billion dollars of missing money and unclaimed money is lying in the state treasuries and other institutions, waiting to go to their rightful owners.
The National Association of Unclaimed Property stated that there is around $280 per unclaimed payment lying unaccounted in the treasuries and reserves of the Government.
Well where has all this money come from? How did it get into the treasuries? Is the accounting system of the Government lost the track of the money and the people concerned with it?
There are some typical reasons behind the collection of this kind of money which just lies unaccounted. If we forget to cash a check or if money gets lost in the postal system, other instances include, untouched funds or savings which has been forgotten, insurance payments, refunds etc.
Now to the people, if any feels that he/she has something in this governments collection, then one can do a quick and free search online.
The state governments are always told to keep track of payments. Forty states in the US have registered on websites like Missingmoney.com and unclaimed.com. And if anyone finds his money in it then he/she should file a claim with the state government for your missing money.