Huntington Beach, CA (PressExposure) November 03, 2011 -- Officials of several federal agencies and government offices in all 50 states are waiting for the recipients of billions of dollars in unclaimed property, funds and money to come forward. This according to a new database aptly titled Cash Unclaimed. According to Cash Unclaimed, which is considered one of the largest unclaimed money databases in the world, more than $50 billion dollars remains in holding and is considered 'missing.
The Unclaimed funds reported by Cash Unclaimed include:
Forgotten Savings and Checking Accounts
Insurance Refunds or Claims
Utility Refunds and Deposits
Child Support Payments
Unclaimed Money from Inheritance
Experts say that there is so much unclaimed money that nine out of ten people are owed funds that go unclaimed year after year. That is why Cash Unclaimed is offering a free search so that more people can come forward and claim what is rightfully theirs. Cash Unclaimed states that the search function available on its website is for all 50 states and federal databases, not just the state the individual resides in. The Cash Unclaimed search function utilities Name Match technology, which searches all variations of a person's name in order to ensure that no unclaimed funds go overlooked.
For those unsure of whether or not unclaimed money or party exists in their name, Cash Unclaimed has offered several examples of ways unclaimed money and property goes missing. The database often finds unclaimed money from utility deposit refunds and health insurance payouts that never reached the intended recipient. The database also helps individuals who may have quit or been fired from a job without receiving their last paycheck. These are just some of the examples offered.
About Cash Unclaimed: CashUnclaimed.com is considered one of the world's largest databases for unclaimed money and property, the Cash Unclaimed recently reported over $50 billion in holding from all 50 states and several federal agencies. The database utilizes a search function that searches all state and federal agency databases simultaneously and the database also integrates Name Search technology, which searches all variations of a person's name. With so much unclaimed money and property at stake, Cash Unclaimed hopes to return some of those unclaimed funds to the rightful owners. Officials are waiting for individuals to come forward. To subscribe to Cash Unclaimed, which is updated regularly, visit: http://www.cashunclaimed.com/unclaimed-property-blog/.