How To Find Unclaimed Money In New York

July 24th, 2013 |

The New York state comptroller Thomas DiNapoli recently gave an interview to WBNG out of Binghamton to discuss the New York unclaimed money problem. With $12 billion to manage and not a lot of answers, DiNapoli wanted to make sure all New Yorkers knew how to find unclaimed money in New York. Let’s look at a few instances of people who lost and then found New York unclaimed money so that you can see how easy it is to claim what’s rightfully yours.

 

New York Unclaimed Money Success Stories

When you learn how to find unclaimed money in New York, you’ll finally be able to uncover any funds that may have remained lost to you throughout the years. Take for instance the story of Richard Paetzold.

Mr. Paetzold said that he always knew he had New York unclaimed money somewhere out there, but it was only years later that he found the money due to a clerical error. Mr. Paetzold recovered over $1,300 plus cash in stocks due to an error that had to do with his middle initial.

At 84 years old and with 10 grandchildren, Mr. Paetzold is only one of about 30 million New York unclaimed money accounts. This according to DiNapoli, who went on to say that there are all sorts of reasons for unclaimed funds. One example he used is the college apartment rental deposit, which is often returnable. If a person never received their deposit back, it could have been added to the state’s unclaimed money account. He says that many people don’t know it, but they have New York unclaimed money in their name, and the account could be years old.

DiNapoli said that most accounts range from $50 to $100, but some are even larger than that. He even said that a few years ago the department encountered an account that was valued at over $4 million.

 

How to Find New York Unclaimed Money

track down your lost funds in New York and help solve the unclaimed money problemIt is now easier than ever to find money that may be listed in your name. If you want to know how to find unclaimed money in New York, log onto the Find Unclaimed Money database, which asks for your first and last name. If a match is made, you will be able to claim that money by providing an address or a bank account number if you wish to have the money directly deposited into your bank account.

With $12 billion in New York unclaimed money, and with hundreds of thousands of residents just like you being owed money, it just might pay to search the Find Unclaimed Money database.

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New York’s Tricky Problem To Finding Unclaimed Money

August 15th, 2012 |

There are millions of people living in New York and many of those individuals have some form of New York unclaimed money coming to them. What is unclaimed money and why do so many people have the money coming? Well, there are many reasons. Instead of focusing on why, New York residents should focus on how to find unclaimed money in New York. If money is found, they will immediately see where the money came from and they’ll be able to claim it right there and then.

 

Why Aren’t More People Searching?

New York has a tricky problem in that nobody really knows how to find unclaimed money there. It would be one thing if there was a holiday in New York where every citizen got online and started searching for New York unclaimed money, but unfortunately that’s not going to happen anytime soon. Officials just don’t have enough resources to commit to launching a New York wide campaign to alert everyone to search for lost or missing money. That means it is up to the residents to teach themselves how to find unclaimed money in New York.

 

Luckily, It Is Easy To Search For New York Unclaimed Money

Finding unclaimed money in New York is now easier than ever. Again, if more people found out how easy it is, more people would probably search for money that is rightfully theirs. The first thing you should do is enter your first and last name into the box on this very page. Once you’ve done that and you’ve hit the submit button, you will be taken to a page that will show you if you have New York unclaimed money waiting for you or not.

If there is a dollar amount next to your name, all you have to do is follow the instructions to have that money sent to you. You may have to verify your ID before you can claim New York unclaimed money, but that should be easy as long as you can mail a copy of your driver’s license, birth certificate or whatever else the New York unclaimed money department asks for.

Once you have verified that you are who you say you are, you will then be able to receive the unclaimed money in New York. Either the money will be mailed to you or, in some cases, the money can be wired directly into your bank account.

So how much money is out there? Well, in the U.S. alone there are billions of dollars in unclaimed money. New York has a lot of people living in it so undoubtedly a few thousand people at least are owed some type of unclaimed money and it might even be more than that. It might be ten thousand people are owed unclaimed money in New York and it could be a hundred thousand or more.

You never know if you have money unless you search for it. Now that you know how to find unclaimed money in New York, you have no excuses. You could also help the entire state out by letting every resident you know, even former residents, that they may have New York unclaimed money coming to them.

You could have tens, hundreds or thousands of dollars waiting for you. Once you are done finding unclaimed money and you have claimed the unclaimed money in New York, your next decision will be what to do with the money you’ve found. Will you buy something nice or will you spend it on someone else? It’s your New York unclaimed money. You can do what you want with it.

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