What is Unclaimed Property?
Unclaimed property (also referred to as unclaimed money, missing money and unclaimed funds) – are personal assets that, for a variety of reasons, have become separated from their owners.
Unclaimed Property.org is your free source for information on the tens of billions of unclaimed property and unclaimed money being held today in state and federal unclaimed accounts. If you want to learn more about the subject matter of unclaimed money in general and require a more comprehensive search strategy, Check out our “What is Unclaimed Property” section.
Check out our Search Strategies page for help searching for unclaimed money and unclaimed property
Types of Unclaimed Property
- Insurance policies
- Un-cashed money orders
- Safe deposit boxes
- Forgotten bank accounts
A good portion of all unclaimed property is held by individual states. New York, for instance, now holds over $14 billion in unclaimed property in roughly as many as 23 million accounts. Pennsylvania has $1.5 billion and New Jersey holds at least $1 billion as well. Smaller states such as Maine list lesser amounts – $131 million in 42,000 accounts.
The collection, management, and efforts to find rightful property owners is a business in and of itself. In general a state collects more unclaimed property than they return to rightful property owners through the course of one fiscal year. It takes a significant bureaucracy to enforce laws that govern the collection of unclaimed property and to devise and implement strategies to find rightful property owners. In New York as well as other states boast that the amount of money returned is expanding. For example, in 2008 NY returned $194 million to property owners – a $25 million increase over money returned in 2007. Unclaimed money is a win win situation for all involved and there’s money to be had for those on both sides, you just have to know where to look. This site is dedicated to helping you find missing funds.
- Burke Networks, LLC is not responsible for any claims resulting from this site.
- Burke Networks, LLC and UnclaimedProperty.org are not associated with any state or federal organization.