Monday, February 6, 2012

Public records - where can I find info about forgotten money that is due to me?

My Mother received a post card from an accountant who says she specializes in identifying %26amp; recovering nearly forfeited funds. Of course she doesn't know where this money is at but wants to know where she can look to find it. Any ideas?Public records - where can I find info about forgotten money that is due to me?
This might not be a scam. It could be one of two things:



First and lilier possibility: your mother may have unclaimed funds in a state where she has lived-- a refund check, or something similar that she has forgotten about. Every state has an office that holds unclaimed funds. There is a website that lists all of the unclaimed funds administrators--the state agencies that hold unclaimed funds around the country.



http://www.unclaimed.org/



Your mother should check with the unclaimed funds administrators in states where she has lived, and see if any funds are being held in her name.

The accountant may have seen your mother's name on one of these sites and tracked her down.



The other possibility, less likely, is that some long lost relative has left her money, and this accountant has tracked her down. Usually these people are looking for a cut of the money. If you decide to follow up, don't pay anything up front. At most, agree to giver the person a cut.
BTW, folks, it was not a scam - for those who said it was or could be. But beware of these types that ask for money UP FRONT. Don't trust those types of letters, phone calls or emails. That's just not right!

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Public records - where can I find info about forgotten money that is due to me?
sounds like a scamPublic records - where can I find info about forgotten money that is due to me?
If you're in Canada, the lost funds are at the Bank of Canada.



If you're in the US, ask your Congressman or bank where they send the money from closed accounts, then contact them.
It sounds just like a scam. Really!!!!!!!
If it is state owed, do a search and see if there is a state sponsored site that allows you to search. I know that Michigan does (just to provide an example).

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