It is not uncommon for individuals to receive letters, telephone calls or emails informing them that they are owed unclaimed money. Further, it is not uncommon for such a person to offer assistance in recovering the money. Of course, this service shall not be offered for free but shall be offered for a price.
However, why should you pay to get what is already yours? Why should you pay to get your unclaimed money when you can get your unclaimed money with very little expenditure?
Unclaimed money can come into existence through many financial transactions and financial instruments. The money that is lying idle in your old checking or savings accounts or the forgotten stocks, bonds, dividends, insurance policies, safe deposit boxes etc. are the primary sources of unclaimed money. One can also consult Registered Unclaimed Money Recovery Agents to get more knowledge regarding unclaimed money.
Now, if you want to find the unclaimed money all by yourself, this is what you should do. Firstly, you will have to search an unclaimed money database. This is the most efficient and effective way to initiate the process. You ought to use a database that covers all state and federal databases. Searching just one or few databases will render your search incomplete.
To determine whether you are owed unclaimed money or not is just the first step. Once this is done, the individual has to fill out the appropriate claim forms to initiate the process of recovery. The forms can be downloaded for free from most websites. Proof of identification and/ or proof of ownership of unclaimed money also have to be attached.