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SPRINGFIELD, Ill. (WTVO) — Almost 140,000 Illinois residents will soon be receiving checks of between $50 and $100, as part of the state’s program to return money without owners filing a claim.
In an unexpected turn of events, residents of Illinois are in for a welcome surprise as unclaimed property checks worth up to $5,000 are making their way to their rightful owners thanks to the...
Here's what you need to do to find out if the state is holding any of your unclaimed property.
MissingMoney.com is a web portal created by participating U.S. states to allow individuals to search for unclaimed funds. [1] It was established in November 1999, [2] as a joint effort between the National Association of Unclaimed Property Administrators (NAUPA) and financial services provider CheckFree. [3] By December of that year, 10 states ...
Unowned property includes tangible, physical things that are capable of being reduced to being property owned by a person but are not owned by anyone. Bona vacantia (Latin for "ownerless goods") is a legal concept associated with the unowned property, which exists in various jurisdictions, with a consequently varying application, but with origins mostly in English law.
Within the Illinois Bright Start program, 2.5% of investors had invested their entire portfolios in Core Plus and suffered a 38% loss; others experienced smaller losses. [ 27 ] As the Associated Press reported, "It turns out the Oppenheimer team handling Core Plus — a team the company has now fired — was putting money into risky ...
Across the nation, more than $20 billion is waiting to be reclaimed by citizens who may not even know they may be owed cash from "unclaimed property," which can include uncashed paychecks, refunds ...
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