(Part 2 of 2)

There are a number of stumbling blocks that often prevent people from locating their abandoned assets, but they mostly boil down to the searcher being uninformed about the right way to search. Most people don't just get in their own way by checking the records in only one state, usually their home state, but they also tend to search just once and call it quits.

As was mentioned earlier, each kind of Virginia unclaimed money, and unclaimed money in each of the other 49 states, have their own individual "dormancy periods" (amount of time that must pass before the funds are turned over to the state to hold the rightful owner claims them). In addition to some property types having longer dormancy periods, states don't update their searchable databases in real time, which means if the state is holding your monies, you might not find a listing when searching, if they haven't added it to their online records.

If a person searches their name on Monday, but the Virginia Department of Unclaimed Property doesn't get around to adding the listing of their monies until Tuesday, or the following week or month, the search might return a false negative.

These are just a few of the hurdles that often get in the way of people attempting to locate Virginia unclaimed money for the first time, which is why it's important that you find someone with experience in the missing money field to guide you through the process to locate all possible claims.

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