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Have you ever Found Money that you didn't know you had?

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This....

When companies have 3rd party companies administer their bill payments or other financial dealings, they have to turn over unclaimed money to the state. I did the same thig a few years back in NC and they had a couple insurance premiums I'd paid and were held when the wife and I got married and combined our insurance policies. It was about $450.

Now I make it a habit to check for my wife and I both about once a year...

Do these companies cost money to search for you?

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Last year we sold our house, then bought another one in a different state.

We only changed our address for important bill, etc...

We did not alert our old mortgage company that we moved.

Anyway, about a month after we were in our new house, we got a letter from our mortgage company. Thinking it was just another statement, I almost just put it in the shredder. Well I opened it, it was a check for $2400....what was left in our escrow. We had no idea that we were owned that money.

It also had been forwarded twice, so it was a miracle it even made it to our house!

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Was walking down Canal St. in New Smyrna Bch about 13yrs ago when i looked at the row of bushes lining the streets and found. a folded 20$bill. Well i thought "that never happens" and continue walking. Then another 20 in a diff bush!! Well that turned into a mad dash of finding 20$s under cars,motorcycles, flower beds and front porches. In all a total of 400$ in 20s. I guess someone put a stack of money on top their car or motorcycle and drove off scattering it for about a block. I bought a giant bag of the finest surfer herb in the land.

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Occasionally I find a stack of 20's hidden under something in my closet or cabinet. $120 or so. I love when that happens

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Do these companies cost money to search for you?

No, they are run by the state. What happens is this.....

Most utility companies, banks, credit unions, insurance companies- basically anyone you pay money to as a bill or premium- use a third party to adminster their financial dealings. If the third party is not able to deliver a refund check, premium return or an over-charge amount due to you, they have to turn that money over to the unclaimed property part of the state government, otherwise they become liable for it- the last thing they want to do.

Simply google: "unclaimed property North Carolina" or wherever you live. Most of the time the only information the site uses to search is a name and address. If you lived in several different places, you may have to search each individually.

North Carolina:

https://www.nctreasu...es/default.aspx

South Carolina:

http://www.treasurer...EDPROPERTY.aspx

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