Unclaimed Cash: Does The State Owe You Money? - 8NEWS - WRIC | News Where You Live

Unclaimed Cash: Does The State Owe You Money?

Posted: Updated:

RICHMOND, VA—Virginia might owe you money! On average, those who filed a claim with the Virginia State Treasury department in 2012 received $650 back.

8News Anchor Amie McLain breaks down how you can find your unclaimed cash.

"Over the last few years more than $100 million has been turned into the state," said Vicki Bridgeman, the director of the Virginia Division of Unclaimed Property.

In total, Virginia holds more than $1.2 billion in unclaimed property, including money from bank accounts, insurance policies and death benefits, along with tangible goods like rings, watches and commemorative coins.

8News sat down with Vicki Bridgeman, the director of the Virginia Division of Unclaimed Property, to find out why so much money never makes it back to the rightful owners.

"Every body is so busy everyday that they forget about some of these smaller amounts" said Bridgeman. "They may establish an account and forget about it."

Bridgeman and her staff are trying to get the word out with a new "click and claim" campaign. With the click of a mouse, you can find out if you have any unclaimed cash.

You can visit VAMoneySearch.org to search the state's official "click and claim" website.

No registration required, and it's free to use. In fact, if a site asks you to pay to search for unclaimed property, that's a red flag.

"If they ask you for a fee, it's likely a scam and in a lot of cases all they've done is enter a lot of common names and put some money amounts beside them," said Bridgeman.

If you're in the military or you've moved around a lot, you should also check unclaimed property sites in other states.

You may also find a list of newly unclaimed property in our local newspapers:
Wednesday 5/22/13: Charlottesville Daily Progress & Richmond Voice
Thursday 5/23/13: Richmond Times-Dispatch & Richmond Free Press

Other helpful links:
https://vamoneysearch.org/
http://unclaimed.org/
http://missingmoney.com/

 

Copyright 2013 by Young Broadcasting of Richmond

Powered by WorldNow

301 Arboretum Place, Richmond
VA, 23236

Telephone: 804.330.8888
Fax: 804.330.8881
Email: news@wric.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.