The State of Maine is holding almost $200 million in unclaimed funds.
There are 2.5 million accounts owed money.
Unclaimed property consists of money and other personal assets that are considered lost or abandoned when an owner cannot be located after a specified period of time.
It includes checking accounts, certificates of deposit, over payments, gift certificates, paid-up life insurance policies, unpaid wages, commissions, uncashed checks, death benefits, dividends, insurance payments, money orders, refunds, savings accounts, stocks and contents of safe deposit boxes.
Millions of dollars are turned over annually to the State of Maine by entities who cannot locate the owners.
Maine has over 150,000 names on its unclaimed money list.
You can click here if you would like to search the Maine unclaimed money database.
There is no fee charged to process your Unclaimed Property Claim.
If you find your name on the list, you can go here and print a claim form, file it electronically or mail it to:
Office of the State Treasurer
Attn: Unclaimed Property
39 State House Station
Augusta, ME 04333-0039
and they will process it for you.
There is a little known business that lets you do that. Unclaimed money finders locate people that don’t know they money being held for them and help them to recover it.
In return, they charge a commission after the money is recovered.
Please click here if you would like to learn more about this business.