Banks and Other Companies Owe People Billions of Dollars. Here's How to Get Your Unclaimed Funds.

[McFurd]

Entreprenuer - 4/25/2018 - Hayden Field - Name a more beautiful English-language phrase than “free money.” We’ll wait. Although those words might usually be followed by the word “scam,” there’s at least one case where the idea of free money isn’t too good to be true. That’s unclaimed property -- or accounts held by companies or financial institutions that haven’t had contact with the owner for one year or more. By law, states are required to hold onto these funds until an owner claims them. We’re talking long-forgotten bank accounts, store credit, cashiers’ checks, security deposits, IRS refunds and more. Read more @ https://www.entrepreneur.com/article/312479