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Friday, June 12, 2009

Millions in unclaimed funds and some of it could be yours

Millions in unclaimed funds and some of it could be yours


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Indianapolis - A big awareness campaign is underway right now to reach Hoosiers with unclaimed property.

On Friday Attorney General Greg Zoeller will host a press conference to push the website, Indianaunclaimed.com, which is the best resource to quickly find out if your name is on the list.

Zoeller will also announce how much property is unclaimed in Marion County and that number is in the millions of dollars. Plus, he will award a check to one lucky Hoosier for thousands of dollars.

It really highlights the fact that everyone throughout the state should check and see if they have money out there, especially during a down economy when people can use money the most.

"Really, there's new properties that are found all the time so even if people have looked as late as a couple of months ago, they ought to check back because we're always getting new properties in and it's large amounts too," Zoeller said.

Actual items from bank lock boxes are less then one percent of what is unclaimed, it's mostly cash.

"Taxes that people have forgotten about, utility bills they are owed money back for and their last paycheck is one of the number one things," Zoeller said. " If Hoosiers don't go online, and find it after 25 years, the property goes to the state of Indiana and the legislatures have the opportunity to use it for the benefit of the state as a whole."

Zoeller encourages people to not only check for their name on the list, but to look for family, friends and co-workers.

In Thursday's Indianapolis Star, an insert listed the names of people who are owed money in
Marion County. There will be another insert printed in next week's paper as well.
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