Money is turned over to the state by companies that had been holding on to it because they could not find the rightful owners of the money.
This happens for a variety of reasons. For example, let's say you move into a new house or apartment and put down a deposit with the utility company to start service.
You live in the house or apartment for many years and then decide to move. You cancel service with the utility company but do not provide a forwarding address.
The utility company is not able to locate you to return your deposit back to you. When that happens, the utility company is required to turn your deposit over to the states unclaimed money division where they hold it.
This is just one of the many reasons why money is turned over to the state. Other examples include:
The list of reasons goes on and on.
Alabama Unclaimed Money
Texas Unclaimed Money
New York Unclaimed Money
Billions of dollars are going unclaimed every year on millions of accounts. The states can not return all of this money by themselves.They need help.
Unclaimed money finders help the states by reuniting owners with their unclaimed funds. In return, they get a commission based on the amount of money they help return.
If you would like to learn more about this exciting opportunity, please go to
Unclaimed Money State Laws
Return from Unclaimed State Money to Home Page
