(Part 1 of 2) The most southern of the Dakotas may be home to the country's treasure that is Mt. Rushmore, but ND is holding its own treasure that is nothing to sneeze at. (...)" />

January 24, 2012

Locating North Dakota Forgotten Funds – Part 1 of 2

(Part 1 of 2)

The most southern of the Dakotas may be home to the country's treasure that is Mt. Rushmore, but ND is holding its own treasure that is nothing to sneeze at. According to the internet site of the State Land Department, there is currently in excess of $23 million in North Dakota unclaimed money, waiting to be reunited with the residents who lost track of it somewhere along the way. The one thing getting between these citizens and their cash, beyond knowledge of the fact that these assets exist, is the knowledge of how to find them and reclaim them.

North Dakotans are lucky to reside in a state that is among the top 5 in the country for percentage of unclaimed property given back to residents. Also keep in mind that the state has one of the lowest populations in the country, at just over 640 thousand. What this means is that ND residents have great odds of discovering and claiming back assets that are rightfully theirs.

The first rule of searching for unclaimed property is to search often. One of the most common mistakes searchers generally make is to search only once on the first internet site they come to that has a search box and they end their search there. This doesn't take in to account that the vast majority of abandoned assets sites don't have accurate data, and even the state's official databases are often slow to be updated. This is a problem, not only due to the fact that an employee in a state office has to physically add the record once it's been given to the state, but because there are different periods of time which must pass, specific to each type of abandoned asset, before they are handed over to the state.

(to be continued)

State gives owners of
Hundreds of folks with

Ohio getting more unclaimed money to owners
COLUMBUS (AP) — Officials say a state agency celebrating its 30th anniversary has reunited Ohioans with about $830 million they didn't realize was out there.

A real steal: Alamo Heights Police turning to website to sell unclaimed property
Unclaimed stolen goods are for sell on a website called " propertyroom.com ." Police say the proceeds help them fight more crime. The website helps clean out property rooms in police departments across the country. In turn, police departments clean up the streets…with the money. The Alamo Heights Police department is cashing in by posting the property online instead of holding live auctions …

Treasure Hunt:
More than 500 Jasper County residents have
By state law, Iowa companies and financial entities are required to report

Passengers leave behind over $400,000 in loose change at U.S. security checkpoints annually

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