The State of Georgia is holding $1 billion in unclaimed money!
Unclaimed funds refers to accounts held by businesses and financial institutions who have lost contact with the owner of these funds.
Examples of unclaimed funds includes:
- wages
- savings accounts
- accounts payable
- insurance payments
- shares of stock
- escrow funds
- royalites
- safe deposit box contents
There are many more examples to numerous to list.
The Disposition of Unclaimed Property Act, adopted by Georgia’s legislature in 1973, protects the rights of owners of unclaimed accounts and relieves banks and companies of the continuing responsibility to maintain such accounts.
Under the Act, when a bank or company holds property belonging to someone else, but has lost contact with that person for a certain period of time, the bank or company must send the property to the state.
The state serves as custodian to the property and they say they make several attempts to reunite the owners with their property, but with so many people owed money, it’s difficult to contact them all. That’s why they do things like print names up in the newspaper once or twice a year or set up booths at county fairs for people to see if their names are on the list.
Anyone holding abandoned property must remit it to the State when they have held the property for longer than the holding period.
Companies must report abandoned property to the State of the last known address of the owner. When the owner address information is unknown, incomplete or foreign, the holder company reports unclaimed property to their state of incorporation.
The holding period is the time that must elapse before the property is considered
abandoned and reportable to the State. The duration depends on the type of property held:
Wages 1 year from payday Company Liquidation Proceeds 1 year from sell date Safe Deposit Boxes 2 years from drilling date Money Orders 7 years from issue date Travelers Checks 15 years from issue date All Other Property 5 years from last contact
Go to the Georgia unclaimed money website if you would like to search in Georgia.
You can also contact them at 855-329-9863
Did you know there is a little known business opportunity where you can make money searching for unclaimed funds?
Unclaimed money finders help find and return unclaimed money to people that don’t know they have it being held for them. In return they charge a fee, usually a percentage of the amount of money that they have helped return.
Please click here if you would like to learn more about becoming an unclaimed money finder.
Sandra Carter says
I’m trying to find out if my mother had any unclaimed money from her insurance or social security.Because I was 16 when she was killed and we didn’t know what happen to her money. I don’t know her SSnumber.But her name was Queenie Marie Smith/Reed We live in college park ga
Barbara McCord says
Henry Waymon Cowins left me Babk account he made for me.
Cieara Thompson says
I’m looking for unclaimed property for Cieara Thompson that may have my information incorrectly.
Richard Thompkina says
Trying to locate assets of deceased brother. William H. Thompkins
Shae says
I was notified of unclaimed property over a year ago and still haven’t received my property. Apparently there is or was an audit and the state department has not released the funds.. what do I do now?
Carmen Bull says
Funds owed to Carmen bull
Carmen Bull says
Any federal or state outstanding funds
Dirgham Amous says
Hi , Just curious to know if i had any unclaimed miney from older Bank accounts i had there.
I think i had an account with Bank Of America and not sure if i have closed it.
H C Ball says
I filled a claim and received a email this morning stating “Your claim has been paid. Your check should arrive shortly.” Why i didn’t they share the amount of the check?
Kevin says
Did your check finally arrive? How long did it take to arrive?
Rita Brady says
Do I have any unclaimed money I had a Ins claim and rent deposits and two deceased husbands and moved away because I was sick and put in hospital my old address 231 Ceader Creek Ga 30537
unclaimedfunds says
I didn’t see anything for Rita Brady, but there are a lot of Brady’s so you may want to go to https://gaclaims.unclaimedproperty.com/en/Property/SearchIndex and do a search and see if you recognize anyone.
Frederick Gbye says
Do I have any unclaimed money
Carlos L Williams says
Hello my name is Carlos La’Reco Williams and i live in Dublin,Ga.31021.I’m trying to find out and see do i have some unclaimed money in Georgia.My mother passed away on January 10,2005. and her name is Gloria Jean Williams Hunt….
James M Jones says
I have been told that the State of Georgia has money held in my name, probably insolvent insurance compnies. Please advise.
Denada Knight says
I know there is money somewhere my husband left me . He told me always I was taken care of no matter what!
Shan Sizemore says
This is the official website for GA. You are able to search the site to see if you have any funds, there is also a number that you can call. I had unclaimed $$ from 2 different sources, so it works:
https://dor.georgia.gov/unclaimed-property-program
Courtney Lamar Harvey says
Hi, my name is Courtney L. Harvey D.O.B. 03/08/1980 . I’m from COLUMBUS,GA. I’m to know that I have a trust funds and property that belongs to me .Feel free to call 706-xxx-xxxx or email me at..
Theresa L Washington says
In the past, I used to live in these two cities Jonesboro and Hampton, Georgia. I lived with one of my cousin’s for about 5 months during a divorce back in Dayton, Ohio. However, I lost my federal and state income taxes when I filed with the state of Georgia.I went through proper procedures and investigating and so on. Never was able to recover any of my unclaim money. In addition, to working only a short period and seeking other jobs at that time. I made several attempts to tried and recover my losses but the State of Georgia stated to me that they decided to keep ALL of my money and income taxes. Because the State of Georgia stated that they would keep my money because I owed them that money which I do not. I never found out over the years what really happen to my money and any other unclaimed money possibly in Atlanta. My name was still under Marchbanks in Dayton, Ohio and in Atlanta, Ga. If I have unclaimed money in this state I would like to be able to claim it. Also over the years I had gotten remarried to Washington and again gotten a divorce but still keep Washington. Please help me claim my unclaim money or property.
CHARLESDASHNAW says
HELLO MY NAME IS CHARLESDASHNAW I GUT A LATTER FROM THE DBA AND IT SAID I HAVE SOME MONEY BUT I DON T KNOW W. TO LOOK I HAD A BUSINESS IT WAS A LANDSCAPE BUSINESS WITH THE u.s ARMY CUT THE GLASS FOR THE ARMY SO CAN YOU HELP ME SO IF YOU CAN HELP YOU HERE IS MY ADDRESS IT IS 7 LINCOLN ST WEBSTER MA. 01570 OR YOU CAN CALL ME AT 1-508-461-xxxx AND MY BUSINESS NAME IS CALLED CHARLES DASHNAW LANDSCAPE LIKE I SAD YOU CAN CALL THE DBA. business in GA. P.S. FROM MR CHARLESDASHNAW
jeannine clampitt says
My four grandchildren had accounts through the Delta Community Credit Union. These accounts were lost through misunderstanding and incorrect addresses. Are they retrievable? Thank you.