Whether you have lived in the state of New Mexico for all your life or just a short time, you surely understand how the state has earned its nickname. There is a reason why people have dubbed New Mexico the land of enchantment, and when you live here you can certainly feel a sense of elation.
From the wide open spaces to the abundant employment opportunities, from the friendly people to the eclectic environment, there is a lot to love about living in New Mexico, but life here is not always cheap. Wouldn’t it be nice if you had a little extra cash in your wallet, and wouldn’t it be even better if the state itself could step in and help?
That is exactly what could happen if you search the database of unclaimed property the state maintains for this very purpose. Like other states New Mexico takes in millions of dollars in old bank accounts, uncashed tax refund checks, insurance proceeds and other assets, but they do not use that money for their own purposes. Instead they make the list available to anyone, and here are the steps you need to conduct a search for your missing loot.
1.Begin the search for unclaimed property at the website set up by the treasurer for the state of New Mexico. The URL for that website is tax.newmexico.gov. This is also the website state residents use to file and pay their taxes, so the movement of money clearly goes both ways.
2.Look for the search link on the page. The link is located roughly halfway down the page.
3.Complete the easy claim form to see if you have any money or property coming your way. You can enter your first and last name if conducting a personal property search or the name of a business when doing a commercial property search.
4.Review the list of results carefully to see if any of the missing money may belong to you. Take note of the information and documentation you will be required to prove that you are the rightful owner of the property in question.
5.Check back on the status of your claim as it moves through the process. The amount of time it takes to process a specific claim will vary depending on the workload at the state and the complexity of the claim.
6.Enjoy your newfound loot.
There are many reasons why a New Mexico resident would see their assets fall into the database of unclaimed property. In some cases, there may be a decades-old bank account, turned over to the state when the bank was unable to reach the owner. In other cases, the death of a relative created an inheritance but the individuals named in the will could not be located. There could be proceeds from an old insurance policy or a tax refund that was never cashed. No matter what the reason those funds are just waiting for their rightful owners, so why not take a few minutes and see what you could find?