A Personal Finance Guide

There’s been a lot of attention lately concerning the subject of unclaimed funds. There was a recent story on the news about all the money the IRS is holding for individuals, add to that dormant bank accounts, unclaimed life insurance proceeds and you can easily see why so many people are getting excited about this. The fact of the matter is that in the majority of cases searching for unclaimed money by person name will result in you finding money that belongs to you or someone you know.

Money going unclaimed is not a new thing. For decades the government has been holding money that has fallen between the cracks. Many people either move and a check that was meant for them never gets cashed or they simply have no idea that they have money in their names. This can happen if someone dies leaving them a life insurance policy or even if a bank account set up for them as a child remains a mystery to them. These are just some of the reasons why searching for unclaimed money by person name turns out to be so lucrative for so many people.

Some people only become aware that they have unclaimed funds when they are contacted by a finder. These are individuals who make a living matching people with their unclaimed funds. They charge a fee to help you claim your money and since that fee is a percentage of your claim it can be quite costly. You don’t need to forgo any of your money to someone else. A quick unclaimed money search by person name will let you know if you or anyone you know has some money waiting for them.

7 out of 10 people have unclaimed funds in their name just sitting and not collecting any interest. The funds include things like forgotten bank accounts, unclaimed insurance proceeds and unpaid paychecks. Find out how you can get your hands on your unclaimed funds from this Helpful Site!

With the average claim for unclaimed funds at the federal level being $1,000 it’s well worth it to find out if your name, or someone you know is on the list. Add to that all the state money sitting unclaimed, it’s unthinkable not to check for your name. Unless you look for this money yourself, you’ll never be able to claim it You may have a lost treasure you never knew about.

Useful Links:

Refresh your life starting with a bit of DIY and a much-needed holiday. Find out more about how home improvement loans and personal loans can help you.