Michigan Unclaimed Money
What is Michigan unclaimed money?
Did you know that tens of millions of dollars’ worth of unclaimed property and assets end up being turned over to the state and federal government for safekeeping until the owner claims it? Sometimes owners are unaware that these assets even existed. Such unclaimed money is often from forgotten or lost assets and can come from a variety of different sources. These sources can include any refunds from utility providers, the contents of safe deposit boxes, proceeds from past insurance claims, stocks or bonds with uncollected dividends or matured interest, and the remaining balance of dormant bank accounts.
Pursuant to Michigan’s Uniform Unclaimed Property Act, Public Act 29 of 1995, businesses and other entities must report and remit any abandoned property to the state government if the last known address of its owner was in the state of Michigan. The Michigan unclaimed money program of the Department of Treasury was created to document and keep track of these assets until they could be returned to their rightful owners.
Searching for unclaimed money can sometimes be difficult, and even after finding these lost assets, successfully claiming them often requires paperwork and the help of experts.
How We Help Claim Michigan Unclaimed Money
Our accredited asset investigators are specially trained to navigate the bureaucratic process associated with the recovery of unclaimed money and assets in Michigan. We are available to help simplify the process of reuniting people with what is rightfully theirs. Our services begin with a free initial search of the state databases. If we find a positive result, we’ll let you know. You can continue to do the search and paperwork on your own, or you can hire our services for a low flat fee. We’ll perform a comprehensive genealogy search and help you with the paperwork to claim your lost assets. Contact us today at (800) 875-7320 for more information.