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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 reasons,

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 address.

o Since you have shifted to new bank, but forgotten your safe deposit box you left with the old bank

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 owned you

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 proof,

o Your proof i.e. photocopy of driving license

o Your address proof i.e. bill showing your address

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!