Huntington Beach, California (PressExposure) February 17, 2012 -- Cash Unclaimed is teaching the American public how they can recover unclaimed funds, unclaimed property, and unclaimed money that is rightfully owed to them.
Recent studies show that an overwhelming number of Americans have unclaimed funds sitting in various financial institutions that they are completely unaware of. It is estimated that 90% of Americans have this problem. In today's uncertain economy, the people are in need of every bit of money or unclaimed property that they are entitled to, and Cash Unclaimed seeks to help them and achieve this goal.
There are various institutions that could potentially be holding onto a person's unclaimed money and property. They include government and state organizations holding unclaimed property and funds, banks that have lost contact information from those who held accounts there and businesses who sent out final paychecks which were never received by the employee. The list goes on but is not limited to instances like security or utility deposits, stocks, bail bonds and even oil royalties and dividends. Cash Unclaimed has the world's largest database and records for the money these institutions owe, and are teaching Americans how to go about finding the exact amounts these institutions owe them.
Cash Unclaimed allows Americans to use a free search of the company's database to see if there are any unclaimed property or funds owed to the searcher. By entering a first and last name, the searcher can see an exact dollar amount owed for the name entered. Some reasons these institutions may have not sent people the money that is owed to them is simply because of spelling errors in the records, so the free search checks not only the first and last name entered but also several variations on the name. To refine the search and exact money amounts owed, a more thorough search is provided after the initial one.
The Cash Unclaimed database is so large that it searches much more extensively than other similar services. Besides the standard local searches, they also check for government unclaimed property and funds in Federal institutions and financial institutions worldwide. These searches can turn up inheritances that were never paid out, unpaid wages, forgotten safety deposit boxes, unpaid child support payments and unclaimed property that was never properly dispersed. Cash Unclaimed urges the American public to use their free search to get an idea on what they are owed, and to follow up with a more thorough search to pinpoint the exact figures owed and the institutions who owe them.