New York State Unclaimed Money Finder

There is good new and bad news regarding becoming a New York State unclaimed money finder.

The good news is that New York owes more unclaimed money than any other state, a whopping $10.5 billion!

More good news is that New York State will send the claimants check to you as their finder.

The bad news is New York doesn't tell you the dollar amounts on their list, so it's basically a crap shoot.

You can either find $50 or $50,000 for someone, but you don't know how much until you get the check.

As I mention throughout the site, even though we are located in New York, we don't actively search in New York unless someone requests it or we're doing random searches for friends and family.

However, there are some people and companies that look at the tremendous amount of accounts available to them (over six million!) and roll the dice. Here is one such company . If you go to their " clients " page you will see a list of people whose money they have found.

There are clients with moderate amounts under $100 and others with amounts over $10,000, and there are accounts worth hundreds of thousands of dollars in New York.

It's a numbers game in New York and it's just a matter of finding the right accounts. With so many people owed money, it's easy to find them.

The laws for becoming a New York State Unclaimed Money Finder are pretty straightforward:

1. The maximum fee a finder can charge is 15%

2. A finder must have direct contact with the account owner or one of the following:

The owners heir(s)

An attorney acting on behalf of the owner

Reporting organization acting on behalf of the owner

3. The finder must have an agreement permitting the finder to act on the client’s behalf. Please note that effective September 3, 2008 by regulation the client’s signature on the finder agreement must be acknowledged.

4. A finder agreement must:

Be in writing and signed by the rightful owner.

Include the fee charged

Disclose the nature of the property.

Contain the name and address of the holder (NYS Comptroller’s Office, 110 State St., Albany, NY 12236).

5. The finder must send:

An original signed agreement. (The claimant should sign two originals — one for the Office of Unclaimed Funds and one for the finder.)

A claim form or letter indicating the complete name, address, and account number as it appears on the list.

The current name and address of the claimant.

Check out a sample New York State unclaimed money finder agreement to get a better idea of what they are looking for.

New York State also sells a list of unclaimed money owners for $25. Please click here to see the order form.

With over $10.5 billion and over six million accounts, there is a lot of unclaimed money to be found in New York.

If you live in New York, you can also search for money in other states, preferably states that give you the dollar amounts on their lists.

To learn more about it, please take a look at the unclaimed money finder opportunity page.

On another note...

Conratulations to Eli Manning and the New York Giants! Super Bowl Champions!

Giants Super Bowl

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SBI!

This is a great kit! Just what I was looking for!
Deanna J.