Florida Unclaimed Funds

| February 8, 2012

Did you ever live in Florida? Did you rent an apartment, buy a house, open a bank account or possibly been named as a beneficiary to an insurance policy in Florida. If you answer yes to any of the above (and there are a host of other questions I could have asked), you might have money sitting with the Florida Department of Treasury waiting for you to claim it.

The state of Florida is sitting with more than a billion dollars of unclaimed funds. The funds are forwarded to the state after the establishment has made every attempt to contact the fund owners. If they are unable to contact the fund owner (usually because the owner has moved without a forwarding address), they release the funds and associated information to the state. It sits there until it is claimed.

Finding Florida Unclaimed Funds

First you’ve got to go to the FLTreasureHunt.org website (administered by the state of Florida) to see if you indeed have money sitting there waiting for you. All you have to do is click “Search Unclaimed Property” insert your name and type in the CAPTCHA code.

Once you click “Submit” look through the search results to see if your name is listed. Next to your name and address you’ll see a clickable account number. Click on the account number to begin the claiming process.

Claiming Your Cash

To claim the money,identify your relationship with the claimant (usually the owner) and click “Claim It!” You’ll then be taken to a secure site administered by the state. Provide as much information as you can to expedite the claim. Missing information will delay claim check issuance.Florida

Fill in your name, address, Social Security number and date of birth. Once you’ve completed the form, print it and mail it with the appropriate backup documentation to the address provided. After mailing the form all you need to do is wait for your check to arrive.

If you want to follow up or check the status of your claim, go to the Claim Status Inquiry Screen.

The process of claiming unclaimed funds is free and there is no statute of limitations. The Florida Department of Treasury must issue the check within 90 days of receipt. Although 90 days seems like a long time, the checks are usually issued well within that period of time.

If, however, you don’t provide all of the required documentation, it may take up to 90 days and even more. The Florida Department of Treasury asks that you wait for the full 90 days before you follow up on your claim. Once you receive your money, tell your friends. They might have outstanding funds sitting there waiting for them too.

Tags: ,

Category: Credit

About the Author ()

Felicia A. Williams is a wife, mother, freelance writer and owner of Tidbits About Money.

Comments are closed.