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Unclaimed Property Auctions
Property that has no contact with the owner for many period
of time, then such a property is referred as unclaimed property.
A property is said to be unclaimed if it is left just that
for period of three to four years. Some sources of unclaimed
property are insurance, corporation, banks, utilities, retailers
and many more…
Usually your property gets lost due to one of the following
o You might have forgotten to get claim
your security deposit
o Your company would have refund of your
deposit, but you would have forgotten to inform the changed
address to them
o Mutual funds departing to the wrong
o Since you have shifted to new bank,
but forgotten your safe deposit box you left with the old
o If long last relative has been dead
without a determination, and its taken years for the court
to settle the property
o You have forgotten about some money
o In general unclaimed properties includes
stocks, mutual funds, bank accounts, phone company deposits,
insurance proceeds, insurance payments, un cashed checks,
gift certificates, certificates of deposits, commissions,
death benefits, dividends, money order, refunds, stock,
contents of safe deposit boxes, and many more….
o Watches, coins, rings…etc are the items
which people wants to store them on secure place. Sometimes
just on walking them precious things can be lost.
o Suddenly you have left your job, but
not yet turn back to receive your last paycheck
o Forgotten the shares of stock that are
kept in a safe place.
o Suddenly you have received a check you
did not cash.
o Make a note that Unclaimed properties
are not real estate, vehicle, and other physical properties
And all states have different intervals to sell the contents
of their unclaimed properties. I.e. three year interval.
Unclaimed property law protects unclaimed property until
it can be returned. The state goes for auctions if property
is not claimed within five years.
Once the proceedings are been completed, the property is
returned to the rightful owner. If property is not claimed,
or rightful owner is not known then under these situations.
The property is freed and ready for auctions. In addition
if property not reclaimed within their time limit also subjected
for auctions. Items that can be legally released are available
for auctions. There’s varying intervals between states to
state to sell the unclaimed properties.
Get your unclaimed property easily!
We maintain may unclaimed properties which belong to you.
There no fee charged to process your unclaimed property
claim. It’s very simple. Just write or make a call to unclaimed
property office to the respective state in which you or
your relatives have ever lived. Then addresses of unclaimed
properties will be listed below. Check out with this office
for every five years, and then the office will ask your
details such as your name, current address, and permanent
address to get contact, and so on. This information’s are
checked with database and if matches and they will send
you a form to be filled. At that time you have to provide
o Your proof i.e. photocopy of driving
o Your address proof i.e. bill showing
o Proof that the money belongs to you.
i.e. bank book etc…
o Submit the proof that you are recipient.
o Your forwarded order with the post office
has been expired
o Holding a bond that never been called
o After submission it takes more than
two months to get your check keep a regular contact with
unclaimed property office for few years.
Or else if you find your name on our list, then all you
need to do is to print our claim form, mail to us and finally
we process your claim. No need to pay!