That’s what a lot of people say and in some cases they may be right. There are shams out there when searching for unclaimed money. There are all sorts of companies that will claim to find some amount of unclaimed cash with your name on it. But for the most part they are scams, some of them will try to find you money but they are going to want a piece of any unclaimed inheritance you may be due . You don’t need anyone else to find your unclaimed money, you can do it your self and keep all of your found money.
Every state has their own database which you can search for any lost cash you may have coming to you. That cash could be in the form of a lost 401k or some unclaimed inheritance from a relative or other long lost family member.
All you need to do is to find your unclaimed money database for your individual state and then search for your name in the state database. You will then be returned a list of possible matches. Most of the times they will have addresses where people have lived. If the database does not include an address( not all of them do), then you can use one of the numerous background check sites to find out additional information. Everything about everyone is online you just have to know how to search for your unclaimed funds. Depending on the state you will likely have to complete a form and submit it through mail to the state unclaimed money department in your state. Once you have convinced them the found money is rightfully yours then they will send you a check. This varies by state to state so you will need to determine that by a quick phone calls once you are ready to file and claim your unclaimed money.
For instance the California Unclaimed Money Database will likely have different procedures for claiming unclaimed money that what another state such as Illinois.
This is really all there is to it, so get out there and find your unclaimed money and put it back in your pocket.
With the latest surge in bitcoin related media stories and the wildly volatile price fluctuations in bitcoin price. Many are wondering can a bitcoin be lost and if it can is it possible to find lost bitcoins? Absolutely, the first risk is from the wild price swings. If you buy high and sell low, then your bitcoins can definitely become lost bitcoins to you, but they are not lost bitcoins to the system.
First we must understand how bitcoins are generated. There is really only one way bitcoins can be created and that is by mining. Mining is the technical process that helps to secure the system and as a reward the miners’ receive a reward in bitcoins. This creates new bitcoins. I guess they had to just create some in the beginning, but now all bitcoins up to the limit of the system which is around 21 million bit coins.
Okay so how do we know how many bitcoins are in existence at any one time. You can calculate the number in existence of who owns every bitcoin because everyone has a copy of all the transactions ever created in the system and thus know how many coins exist.
Not to get off track, but these individual files with all the transactions is actually a weakness of the bitcoin system and may become somewhat of a technical limiting factor. As more people become involved in the transfer of this digital currency the file size of these flat files could get out of control. It is already hindering adoption of the currency as a lot of really slow cable connections and a lot of rural areas are experiencing initial download times of the files in days. This time will only grow as the system processes more transactions. These files are going to get huge, well beyond the size of current hard drives in personal computers. This really will have to be fixed before we can have long term adoption. Sorry for the diversion, but thought this should be mentioned just for context in learning how to find lost bitcoins.
At the end of the day a bitcoin is just a little piece of code residing on a hard drive. Bitcoins are kept in a file called a wallet. Lot of programs name this file wallet.dat. So if you could find someone else’s wallet file, then you can find some lost bitcoins. Actually that would be stealing, since that would require hacking and would not really be right.
But what about when hard drives crash and bitcoins are lost in that manner, what happens to those bitcoins. These are lost. If you can not recover your wallet file, then the SHA256 hash that encrypts the value of your bitcoins can not be decoded. That bitcoin is gone with no way to recover it.
Wait I thought you where going to tell us how to find lost bitcoins? Bottom line is it would be very difficult to lay claim lost bitcoins for your own. It may be possible to set up a computer with some serious hash solving capability and figure out which ones are missing, then try to crack their hash, but you could probably find more bitcoins using that same equipment as a miner and just mine bitcoins for profit.
Debt issues are surfacing everyday like never before. The situation of the people of this country is worsening as they are unable to find the right ways out of debt. There are various debt relief options that one can use, but it’s important to know about them beforehand. It’s only when you have adequate knowledge that you’ll be able to make the best use of the debt relief programs and payoff debt without the slightest trouble.
If you’ve been thinking of a different way to payoff debt, this is just about the right article for you. You should know that repaying debt with the help of unclaimed money is a great way to become debt free. Since debt has come up as a major problem both at the individual and state levels, it’s important to knock it off as soon as possible. And what better than some extra bucks to put an end to the debt story? Finding unclaimed money is what you need to do to repay your debt.
The US is home to a huge sum of unclaimed money worth a whopping $400 billion. The reason behind this sum is nothing but complete lack of awareness amongst people. They are simply unaware of the money that they are liable to receive. This unclaimed sum is in the form of gift certificates awaiting redemption and checks yet to be cashed. This isn’t all as company refunds and credit balances too constitute a considerable portion of the total unclaimed sum. It’s important that you do everything necessary to have your money back in your hand. The following are steps that you need to follow to have the unclaimed sum without trouble:
It’s to be noted that websites don’t contain all the information on unclaimed money. You can always check the websites of states other than your place of residence. Get in touch with the State Treasury Office for more details if you have to. Wait for their call or get in touch with them after a couple of weeks to do the needful on your claim. It’ll be easier for you to repay debt once you’ve located your unclaimed money as these are very easy to use.
California has a lot of missing money just waiting to be claimed. You may be one of the millions of Californians and money by the state you just have look for it. This missing money in California is a result of lost bank accounts or pensions where the rightful owner as either forgotten about it or they do not realize the money is available. All the rightful owner has to do to came this missing money is to claim it through the California’s unclaimed property website. Currently there is over 1.6 billion in unclaimed property contained in California’s coffers.
This is not money that is due the state. Its just waiting for your to claim your share. Of course you have to actually prove that you are the person who is due the money, but if it is yours to claim then that should not be very difficult as the money has your name on it.
The most common types of Unclaimed Property in California are:
California law forces banks and other financial institutions to report these unclaimed funds on their books and they turn it over to the States unclaimed property office. This is pretty much the same for any state and most work in similar manners. You just need to claim it. To find out if you have unclaimed money, first got to the unclaimed property website for California and start a search. Use search for you name and any close relatives you have. This is a good start and will tell you if you have any unclaimed cash waiting. Its also advisable to just search on your last name or any other sir names of your family. A lot of times this can clue you into unclaimed money which may be a result of unclaimed inheritance or estates where the person did not leave a will. This happens a lot more than you would think and you may be able to find million of dollars owed you with just a few steps. There are billions in missing money in California.
Checking accounts or CDs at banks, or saving and loans can become abandoned if the rightful owner fails to communicate an interest in such over a period of time. Referred to as the dormancy period, the obligation of the account holder of the unclaimed property is to report and remit the unclaimed property begins when there has been no owner-generated activity for a state-defined period of time. This period of inactivity is referred to as a "dormancy period."
The rules governing unclaimed bank accounts vary from state to state. Each state provides some type of unclaimed property service for it’s citizens, so that no single place is responsible to look for forgotten funds. Even if the bank branch moved, failed or was part of a merger and changed names, a lost bank account can be retrieved.The wave of closing and failed banks and saving & loans during the 1980s, resulted in the passing of the Financial Institutions Reform Recovery & Enforcement Act of 1989.
This occurs fairly common due to a period of inactivity, a death of a family member, a name change due to a divorce or marriage. In some cases an individual in switching banks believe they have closed or emptied the account but left a balance in it. But in general, after about two years without any activity (one made no withdraws or deposits or haven’t cashed a check) and after the institution’s efforts to reach you fail, the property will be considered abandoned and will escheat. Escheat is when the property is transferred to a state or government agency, making the state or agency the legal custodian of the funds until the owner or heir comes forth to claim. The property or money was delivered to the government agency because the owner, distributee, devisee, or heir could not be found, or refused to accept the property.
There are databases containing information about the millions of unclaimed bank accounts and other missing assets from every State and those lost bank accounts due to Bank failures that are NOT included in the States’ online databases. The information available run the gamut from forgotten phone and rental deposits to contents of safe deposit boxes, bank accounts and securities. Limited to non-type information can be included about funds owed by federal authorities, because they typically operate their own lost-and-found services.