More than 5,200 listings with Limestone County addresses are currently on the state’s unclaimed property database, said State Treasurer Kay Ivey.
This represents $1.2 million waiting to be claimed by the people of Limestone County. Ivey, who declared August as Unclaimed Property Awareness Month, said residents should check to see if they are entitled to part of the $370 million piece of pie waiting in Montgomery.
“Unclaimed property can be in the form of uncashed checks, stocks, bonds, dividend checks, utility deposits, and even items found in abandoned safe deposit boxes. After a business has held unclaimed property for a number of years set by law, they turn it over to the state treasury and we hold it until individuals come forward to claim it,” Ivey said.
More than $50 million has been received this fiscal year in unclaimed property, and more than $17 million has been returned to the citizens of Alabama, Ivey said. Last year, a record amount of $22 million in unclaimed property was paid to 36,669 claimants.
“So much hard work goes into collecting these funds from businesses, banks, and insurance companies that are unable to contact property owners,” Ivey said. “All the hard work is worthwhile when owners are located and are able to connect with their assets.”
To search for your name in the Unclaimed Property database, visit the Treasury Web site at www.treasury.alabama.gov. Claims may be filed online or by calling the Treasurer’s Office and requesting a claim form. The Unclaimed Property division of the Treasurer’s Office can be reached at 1 (888) 844-8400.
“We’ve got money that belongs to people in every nook and cranny in Alabama,” Ivey said. “Go online or call us, and if you find your name and you can prove you are who you say you are, my staff and I would love to send you a check.”
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More than 5,000 listed as having unclaimed property
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