The Maryland Comptrollers office is currently holding $980 million in over one million accounts.
This money comes from businesses, financial institutions, utilities, and anyone that would holding money for someone that they cannot locate. Once these businesses cannot locate someone for a period of three years, they turn the money over to the state.
The Comptroller’s Office tries to locate the rightful owners of stocks, bonds, savings accounts, security deposits, contents of safe deposit boxes, insurance proceeds and other valuables which are reported to them.
The owners or their legitimate heirs can claim the funds at any time. There is no statute of limitations. You can find out if the Comptroller’s office is holding property for you by checking their website anytime.
Click here to search for your Maryland unclaimed money.
If you are claiming property in the possession of the state, you must complete and sign the COT ST912 claim form (PDF) and forward it along with the supporting documentation to the following address, also located on the front of your claim form.
Unclaimed Property
301 West Preston Street, Room 310
Baltimore, MD 21201
Did you know you can make money finding unclaimed money for other people?
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.
May9- jun10 that all I know
Looking for unclaimed money
do i have any fundes here
Hi I am starting . So you have to provide me some unclaimed funds for my business. I may do it outside my home country. Depends. I wanna raise $1600 USD today.
Thanks sweta
Great site, However, if some of these States demand that you put the nature and address of the holder in your contract. Then, 90% of the people will do it themselves. Our value proposition is that they are paying us to let them know where it’s located. Can’t really run a business if your only customers are the ones just to busy to call themselves. Any thoughts respectfully.
Stuart,
I’m assuming your referring to the money finding business. Yes, some of the states require you to give that information. In those instances, what we do is send the contract with the information along with three Powers of Attorney (POA’s) for different services. For example, let’s say we found the money in Ohio and we’re required to provide all of the information. We’ll provide a POA for the State, Counties, and either HUD, the IRS, or both. We know that the law requires we provide the information, but the claimant doesn’t know that! So, we’re providing the other POA’s as a smokescreen to cover for the fact that we gave a lot of information away. We’re basically playing on people greed. If they look to see that the money is actually being held by the state they will know we are legitimate. Why would we tell them where the money was being held for them if we didn’t think there was money being held for them in the other locations? Then, it becomes a case of too much work for them and they should leave it to the experts (us). There are other things you can do too. For instance, in California, they have their own “Standard Investigators Agreement”. You can send a simple agreement first between you and the client not giving any information. Then when you have that back, you can send the official agreement, along with the claim form and a self addressed envelope to the state and let the claimant send that in themselves. As far as they know, they’ve already got the simple agreement with you and this is what the state needs. Also, I’ll be adding this in the future when I have time, but there is a ton of money being held in the counties. Most of them don’t have the same requirements that the states do, so it is a little easier, easy money! San Diego County in California and Franklin County in Ohio are good examples of this. Great question! I hope this helps!
Very much so, please contact me, stuart@cuttingedgecostreduction.com I’m interested in a paid phone consultation from you.
do i have any unclaimed funds?
Leslie,
Did you search in Maryland or investigate any of the resources on this site?
They say I need to send supporting documents along with proof of identity, yet the amount is unknown and the reporter is undisclosed so I mean what am I supposed to do
Derek,
Proof of identity should not be an issue. It’s providing documents for something that you don’t know what it is that’s the issue. You need to speak to someone in the unclaimed property office and explain the situation if you haven’t already. Escalate to a supervisor, manager, etc. If they still don’t help I would suggest trying to get someone from the news involved. Then I’m sure you will get the attention.
Please let me know how you make out.
Thank you,
Mark
Keeps saying “property ” I’m looking for “money “. Keeps redirecting me
How long is the process? I submitted a claim over a month ago and have not received or heard anything.
Curious, how long did it take you to receive a check?
I did not find any money belonging to me
Why do I have to pay to get my money. I had it in an ING DIRECT account and Capital One did not notify me that they were turning my money over to the state. It’s not fair that I have to pay to get my money back.
Claudette,
You should not have to pay to get your money back if it is being held by the state. Who is telling you that you have to pay?
The state government in Maryland has been greedy, racist, and downright mean for decades. It holds on to people’s assets to balance it’s budget and encourages rich property owners to maintain a perpetual freeze on quality of life through slum housing. Shameful.
The money could be best used to monetize many African American businesses and that could reduce violence, improve economic status, and improve the quality of live overall.
The state of Maryland clearly doesn’t want you to claim your property. The hyper link provided doesn’t work in this page or any other. Is there a reason you leave a link that doesn’t work?
Are you sure because it just worked for me:
https://interactive.marylandtaxes.gov/Individuals/Unclaim/default.aspx