(Part 1 of 2) The State of MS is home to a few of my favorite things in life – rootbeer (invented in Biloxi in 1898), catfish, and sweet potatoes. MS's Treasury Dept. (...)" />

January 20, 2012

Search For MS Unclaimed Cash – Part 1 of 2

(Part 1 of 2)

The State of MS is home to a few of my favorite things in life – rootbeer (invented in Biloxi in 1898), catfish, and sweet potatoes. MS's Treasury Dept. has also become home to something that's on the top of my list and I suspect yours as well – cash. Mississippi unclaimed money, to be exact. "Nearly 1 in 5 Mississippians have money representing over $38 million that needs to be claimed," stated MS State Treasurer Tate Reeves in a press release recently. This is obviously good news for the numerous families that suffered hurricane losses in years past, and are now trying to deal with major setbacks in their financial standing.

When people die or relocate to a new home, often they don't remember to leave a will or a forwarding address and this causes lost mail and inheritances. Financial notices, tax refund checks and the like get returned to the sender (banks, insurance companies, the IRS, etc.). According to Treasurer Reeves, "They are required by state law to turn them over to the Treasurer's Office after a dormancy period. After that dormancy period is over, they turn it over to the state. We put a book out every three years and send it out through various media,".

(to be continued)

Unclaimed Missouri Property
Joplin, MO- Millions of unclaimed cash is finding it's rightful owners. Missouri State Treasurer Clint Zweifel says that 32 million dollars has been claimed in Southwest Missouri over the last six months.That is a record and it's up 31 percent from the previous year. More than 300 thousand people had money that was unclaimed with the office. If you want to see if you have any unclaimed money you …

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