(Part 1 of 2) The Commonwealth of Virginia is waiting for citizens to come forward and take back their missing money. (...)" />

January 22, 2012

Locate VA Unclaimed Money – Part 1 of 2

(Part 1 of 2)

The Commonwealth of Virginia is waiting for citizens to come forward and take back their missing money. The state is currently sitting on top of a heap of VA unclaimed cash totaling in the tens of millions of dollars. Over twenty-seven million dollars was returned to residents of Virginia in 2005, but that's only a tiny portion of what is available for claim.

Virginia, like all other states, continually takes in more unclaimed funds than it returns to citizens, mainly because most people are simply unaware of these properties, and those that are aware, don't know the correct way to track them down. There is a correct way and an incorrect way to search, and sadly most people have not been taught the proper way.

According to the Unclaimed Property Division of the VA Department of the Treasury, VA unclaimed money arrives from a number of different sources, which include (but are certainly not limited to): savings and checking accounts, underlying shares, wages or commissions, credit balances, dividends, customer deposits, credit memos, gift certificates, refunds.

(to be continued)

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