Thursday, June 7, 2007

Unclaimed Money?

Have you ever heard the term "unclaimed money"? That is exactly what this is. Unclaimed money includes bank accounts that have been forgotten, insurance policy proceeds that are waiting to be paid and on and on and on. If the account holder of these unclaimed accounts are deceased then the money goes to their next of kin.

In my own area (Philadelphia) there is a listing that appears in the newspaper and its about 4 - 6 pages long! Nothing but names and how much money is under that name! I have seen amounts as high as $50,000! (By the way I checked our family name and it wasn't on there )-:

The department that is in charge of all of this unclaimed money seems to frown upon those who charge others for this kind of information. This has always kind of bugged me. If the department can't do a good job of letting people know that they may have unclaimed money that may be theirs then what is wrong with someone (or some company) helping people with this for a fee. I'm not talking about those that do this kind of thing dishonestly but a legitimate professional individual person or company.

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