Oregon is holding over $500 million in unclaimed funds for over 3 million people!
This can be any financial asset that has not been claimed by it’s owner or has not had any owner-generated activity for a specific time period (usually one to three years).
Examples of unclaimed funds include:
• payroll checks
• refunds
• overpayments
• money orders
• bank accounts
• mutual funds and securities
Unclaimed property is not land or other real estate. Dating back to 1957, Oregon’s unclaimed property were established to protect the consumer and provide a central registry of unclaimed property. The Oregon Department of State Lands (DSL) administers the unclaimed property program and works to reunite as many people as possible with their money or possessions.
Organizations and businesses throughout the United States are required to report unclaimed property to Oregon based on the owner’s last known address.
If the amount is $100 or more, they must make a good faith effort to contact the owner before reporting.
Any company or organization that writes checks, drafts or warrants has the potential to have unclaimed property to report.
Typically, unclaimed property occurs when:
• People lose or forget to cash a check, or overpay a final bill.
• A person’s address changes and mail for warding ends.
• An account holder dies and heirs are unaware of the account
About $50 million is remitted to the DSL each year and about half is returned to it’s rightful owners
.
Unclaimed property is held in trust forever in the Common School Fund for claim by rightful owners or their heirs.
The money is not spent by the department. Investment earnings from the fund are sent twice a year to Oregon’s 197 K-12 public school districts.
Recent annual distributions have ranged from $35.2 million in 2000 to $70 million in 2017.
It’s easy and free to search for your name and file a claim online. To ensure privacy of the owner and to discourage fraudulent claims, listings only show dollar ranges. Most accounts have a value of $250 or less.
Simple claims are normally processed within 45 days. Complex claims involving large sums, stock transfers or deceased original owners may take up to 120 days for a response.
If you find names of family or friends, refer them to the website, as they must respond for themselves.
You can search for Oregon unclaimed money at www.oregonup.us and www.oregon.gov/dsl .
If you find your name you can initiate a claim online. If you have any questions you can contact the DSL at:
Department of State Lands
775 Summer St. NE, Suite 100
Salem, OR 97301-1279
8:00 AM – 5:00 PM
Phone: 503-986-5200
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.
Drone drops fire says
I bet you $100 dollars that more then half of oregon will burn up before you a**holes realize it would have been cheaper giving me my bail money back.
Kayla says
There are a couple unclaimed properties (when I searched with my name) where it’s only listing the owner name (but only one name as in the last name, which is the same as my last name, but has no first name), the amount, the property ID, and the property type. I am curious if this could be something of mine or another family members, but don’t want any legal trouble if I try to claim it. I mean, it does technically have my last name on it ?
Eddie Anderson says
I had a 401 k in the 70s through Georgia Pacific Paper millm in Toledo Oregon.
I divorced and left and lost all contact with everyone. How do I find my $01k
Tyke Lavallie says
Looking for unclaimed funds.
Jerome M. Bolf says
Do I unclaimed money in Oregon?
Karen A Pine says
How do I add my address to my claim?
Marlin Price says
Looking for lost money
Michelle says
Its been about 14 years since my dad passed away. He had life insurance and they never prayed us. Through American family insurance. When we called over over they told us terror was nothing but I saw papers and receipts. We lost all of our papers when he passed because they took our house and all of our stuff although he had home insurance and when he died the house would be paid off and it would become ours but they took it all. And yes this was in oregon
Austifils Ostin says
I want to see if I got some money
Stacy says
I’ve noticed this problem alot regarding unclaimed property. I have missing unclaimed money my mom and my brother and it is nowhere to be found but my grandpa’s name is there saying he was divorced from my grandma and paid child support and I am supposed to recieve a check refund from multnomah county and I dont see it but a different but similar name to who reported my returned check. Dierks IJ only problem is in 1991 I was 11yrs old . So I’m wondering if certain people are finding it funny to play or make a game out of unclaimed properties and instead of letting owners know about then the guys doing this switched names around purposely played games with owners of property and I think I can prove who these guys are. OSU ring a bwkl!?! They did partner with ODSL to help owners know they have property just make it impossible for anyone to claim bc they want it. Their game cost ny mom her life .
LM says
I have an unpaid judgement and I see the debtor has unclaimed property in Oregon. Is there a path for me to claim those funds?
unclaimedfunds says
That’s a tough one. I’m not sure the state would release the funds to you. If they release them to the claimant, you’re probably going to have the same issue collecting as you already have a judgement involved.
I would talk to a lawyer about this and see if they can make some type of agreement between you and the claimant (debtor).
You might end up with another judgement against them that you will need to try to claim.
Good luck!
Meagen says
How do I find money that was taken out of my pay from the government and put into a separate account that would go to education or training? It’s been years since I worked at that job they took 1 dollar for every hour that was put into an account only I have never seen the account?
thomas hodgkis says
i worked for unocal chemicals div.in the 80s and had company shares.i do
cant figure out where they are . can you help me?
Tracy Forsythe says
It says I have money coming back but it wont let me see what other documents they need, Please help!!1
unclaimedfunds says
Tracy,
You should contact the unclaimed money department directly and ask them what they require from you to get your funds.
Aldous, Thomas S. says
looking for unclaimed funds
Andy Nonymous says
You have money that can be claimed if you can prove you are the Thomas Aldous who lived in Junction City.
Angela Zemmer says
HELP PLEASE
Angela Zemmer says
My dad who fot in the War . Jesse J. Zemmer past away . And he lift me some inhairieance and he lift me to be the benufisary on his wiil. Through AARP LIFE INS. I am Angela Zemmer his doughter. I have not reseved anything he lift for me . Please help me . Thank you for reading
unclaimedfunds says
Angela,
Is this in Oregon? The only Angela Zemmer I see in Oregon is Angela L Zemmer and it shows under $50. Is it possible this would be in a different state? Have you called AARP Life Insurance to inquire?
Jen says
Perhaps a phone conversational would be more beneficial to clarify