It's that time of the year again!
The Ohio Department of Commerce Director Andre T. Porter urges Ohio residents to join in the 2014 Unclaimed Funds Treasure Hunt.
That's where you'll find monies turned over to the Ohio Division of Unclaimed Funds in the past year.
Unclaimed funds are money or the rights to money that have been dormant or forgotten.
Some common examples include: dormant checking and savings accounts, forgotten rent and utility deposits, uncashed checks, undelivered stock certificates, and uncashed insurance policies.
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In Fiscal Year 2013, the Division paid 53,580 claims worth approximately $69.2 million. The average claim was for $1,292.
(In Cuyahoga County alone, there are 28,420 unclaimed funds accounts worth $26,847,937.16. The advertised accounts, each valued at $50 or more, were turned over to the Division within the past year for individuals whose last known address was in Cuyahoga County.)
A list of unclaimed funds accounts is available on the Department of Commerce's Online Treasure Hunt website.
The website also has forms for individuals and organizations to use in claiming their money.
In all, there are 846,273 accounts with a total value of $155,645,624.53.
No internet access?
Write to the Division of Unclaimed Funds and provide the full name(s) to be researched, along with the counties in which the person(s) might have resided. The Division's address is 77 South High Street, 20th Floor, Columbus, OH, 43215.
Anyone with questions about unclaimed funds can call the Division toll free at 1-877-644-6823 (OHIO UCF).
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