Unclaimed Funds

Common forms of unclaimed property include savings or checking accounts, stocks, uncashed dividends or payroll checks, refunds, traveler’s checks, trust distributions, unredeemed money orders, insurance payments or refunds and life insurance policies, annuities, certificates of deposit, customer overpayments, utility security deposits, mineral royalty payments, contents of safe deposit boxes, court payments, federal court dividends, government stale dated warrants, tax overpayments and class action claims.

Other forms of unclaimed funds are County Tax Sale overages or Bank Mortgage Foreclosure surplus or Bankruptcy Creditor debt payments due from the Debtor. Bank foreclosure and sale of real estate for a price that exceeds the balance needed to pay off the mortgage creates surplus funds due the previous owner.