January 3, 2012
Search For MI Unclaimed Cash – Part 1 of 2
(Part 1 of 2)
Quite a number of pop culture icons call Michigan their home – Eminem, Madonna (from Bay City), the 'Motown' music label, Bob Seger, Stevie Wonder, Diana Ross (from Detroit)… the list of topnotch artists goes on. MI is also home to the automobile capital of the world Detroit, affectionately known to residents as Motor City (hence the term 'Motown') and Battle Creek, MI – 'The World's Cereal Bowl' which is home base of the Kellogg's cereal company. Without a doubt, a lot of assets essential to pop culture have come from 'The Wolverine State'. But there are lesser known assets in the state that even most residents don't know about though – hundreds of millions of dollars in Michigan unclaimed money! This cash is just sitting-around in the Mich. Unclaimed Property Department instead of where it belongs, in the hands of the owners of the lost assets.
According to the State Treasury Department, "The Michigan Department of Treasury has millions of dollars in lost or forgotten assets from dormant bank accounts, uncashed checks, valuables left in safe deposit boxes and stock certificates. Because these properties were considered abandoned and unclaimed by the bank or company entrusted with them, they are turned over to the state, as required by law. The Michigan Department of Treasury is the custodian of these assets and returns them to their owners (or the owners' heirs) when they are rightfully claimed."
(to be continued)
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Unclaimed money in Bryan County
DO YOU HAVE UNCLAIMED MONEY? Bryan residents who have unclaimed money or safe deposit box can find out in the newest database available through bryancountynow.com.
Unclaimed Money: $6.1 Million Payout in Missouri Could be Largest in U.S. History
Someone in Missouri will get very lucky today. That person will be the recipient of the largest unclaimed money award in U.S. history: $6.1 million.The states estimate that one in every 10 people has unclaimed money waiting for them. Sometimes the amounts can be eye-popping. In dusty warehouses in states all across the country lie records detailing $32 billion worth of unclaimed money, just …
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This post comes from Brandon Ballenger at partner site
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