Unclaimed Funds, New York

September 26th, 2013 |

What would you do with $12 billion? It turns out, the people who work in the New York State Comptroller’s office are asking themselves that very question. Unfortunately for them, the twelve-super-large don’t exactly belong to the state. All that money can’t be used to fix roads or improve education and it can’t even be used to help convert budget items that are now in the red back to black. Instead, this money belongs to the hardworking men and women of the state of New York. Considered to be unclaimed funds, this money will sit in wait until the rightful owners step forward. While that may seem like a problem that can go on indefinitely, that’s just not the case. Just ask the Comptroller’s office. With more money flowing in every year and with hardly a soul aware of the New York unclaimed funds problem, this issue is in fact very dire. If something isn’t done soon, New York’s economy could suffer.

 

Unclaimed Funds – A Growing Problem For New York

One of the first questions most people have when confronted with the unclaimed funds New York issue is, “Where did all that money come from?” The unclaimed funds that continue to flow into the New York State Comptroller’s office on a regular basis originate from dozens of sources, including abandoned bank and pension accounts, state ordered payments like child support and alimony, tax returns and deposits for utilities and rentals, as well as the contents of safe deposit boxes. In some cases, New York unclaimed funds consist of physical property that was auctioned off to the highest bidder whereby the funds raised was placed into a special account intended for the rightful owner to collect.

When New York unclaimed funds owners are ready to step forward, these individuals only have to log onto a soon-to-be-popular database known as Unclaimed Money. Aptly named, this database will help New Yorkers find unclaimed funds, even if they currently live out of state. With the possibility of money coming in from all sorts of different sources, it makes is worth checking out if you have ever lived in New York. Even if it was not you exactly that lived in this great state but a family member who may have left something behind for you, you never know. Maybe you made a transaction in New York that required tax from the state or government and you have a refund left over waiting for you.

To begin, log onto the site and fill in the requested information and in a flash, you will learn the answer. Are you the owner of some of the $12 billion in unclaimed funds New York is holding? Visit Unclaimed Money and find out.

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New York Unclaimed Funds Amounts Are Outrageous

June 13th, 2013 |

State officials are screaming out that New York unclaimed funds are reaching outrageous levels. These outrageous unclaimed funds in New York, as they are being dubbed by officials in the know, are threatening the state’s economy at its core. If more state residents don’t find out about the situation and they don’t start searching for New York unclaimed funds soon, the problem could reach a boiling point, which could cause the state’s economy to dip into the red even further than it is now.

 

The New York Unclaimed Funds Problem

The outrageous unclaimed funds amount in New York has been threatening the state for some time. In fact, officials tried calling attention to the problem years ago by launching a media campaign aimed at the state’s residents who may be owed these New York unclaimed funds. Articles were put in local newspapers and ads were created on local radio stations.

The problem is that nobody saw or heard them and no one searched for unclaimed money like the state’s treasurers hoped they would. With so many people still not being connected to the Internet, social networking, or maybe even a cell phone it is impossible to guarantee that everyone in this country even knows these types of unclaimed funds exist. If we aren’t sure we can get every ones attention on this matter then we can’t guarantee and end to this growing problem anywhere in sight.

Now the state’s officials are hoping that residents will start searching for New York Unclaimed funds en masse using the Find Unclaimed Money database. This database, considered one of the largest in the world for finding and claiming unclaimed money, is the one weapon officials are hoping will put a dent in the outrageous unclaimed funds amount in New York.

outrageous unclaimed funds amount in New YorkWith this database, residents can search for New York unclaimed funds using nothing more than a first and last name. In an instant you’ll see the funds available, if any funds are to be found, and you’ll be able to claim the money by following a few simple steps in just a few days.

With this outrageous unclaimed funds amount in New York steadily getting larger, it is up to the New York unclaimed funds owners to search for and claim the lost or missing funds all on their own. With millions to contend with, officials are hoping that the Find Unclaimed Money database finally helps them eradicate the outrageous unclaimed funds amount in New York once and for all.

Not only would this free up many assets that are currently being used to manage and keep track of this money but it would put money right back into the pockets of wary Americans in today’s economy. Could you imagine finding out that you have a few hundred to a few thousand dollars just sitting there waiting for you to find and claim it. I know I would be excited and very grateful to get back even more of my hard earned cash. Wouldn’t you? What would you do with the money?

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