Unclaimed Money in the State of Louisiana
When we talk about unclaimed money, we should essentially know the way this money originates. Day in and day out, businesses make payments to property owners. But if they are not able to locate them even after desperately looking for them, they deposit the funds with the state. These accumulated funds are held by the Treasurer's Office of the state.
In the USA, every state has such funds. In fact, these funds are so huge that some states have a separate department for maintaining them and for handling the claims. These funds are available in various forms such as stocks, cash, bonds, insurance benefits, and securities. Let us now find out as to how to search for Louisiana unclaimed money.
How to Claim Unclaimed Money in the State of Lousiana?
If you apprehend that the state of Louisiana has unclaimed money or assets that belong to you, you should consult experts who may inform you that it is the
Treasury site of the state of Louisiana you should visit. This means that the state of Louisiana has a dedicated site for its Treasury. You have to search on this site to know if there is any Louisiana unclaimed cash that belongs to you. You should more particularly search on the Unclaimed Property Database for determining if the state's Treasurer is holding any unclaimed funds or assets that belong to you, your business, or any of your family members.
Follow These Steps
You should first know who will be processing your claim. Once you have determined that there are funds or assets you own with the State Treasurer, you should prefer a claim for getting them back. It is the Office of the State Treasurer that will be processing your claim. Thankfully, the Treasurer's office does not charge anything for processing such claims.
Louisiana Unclaimed Money
According to an estimate, the state of Louisiana is at present holding more than a whopping $500 million as government unclaimed funds. You may ask if the Treasurer's office of the state of Louisiana reports unclaimed assets or funds that may contain "any money owed to me."To this question, the answer is an emphatic "yes." To begin the Louisiana unclaimed money search, you should understand that the office of the Treasurer's office reports the names and the last known addresses of the owners of the funds or assets along with their Social Security numbers. But if the social security numbers of the owners are not available, the office will report only the names and the last known addresses.
If you have ascertained that the states' Treasurer is holding the lost and unclaimed money you own, you should prefer your claim with the office to get your Louisiana unclaimed money. Your claim should be accompanied by a positive proof to show that you own the funds or the assets. The positive proof can be in the form of verifying your Social Security Number as well as by verifying your current address. You can verify your previous address also for providing this positive proof. You can prove your association with the holder as well.
If the address that has been listed in the reports is your address or one of your previous addresses, your claim should be accompanied by a photocopy of your driver's license or any other Identification proof that has your picture on it, the details of your Social Security number, and the proof confirming your previous address. You should never forget the fact that furnishing the details of your Social Security Number is very much necessary to get Louisiana unclaimed money. You should also remember that if you have never been a resident of the address listed in the reports of the Treasurer's office, your chances of getting the Louisiana unclaimed money or assets will be dim.
A point you should keep in mind that the Treasury never publishes dollar amounts. The purpose of withholding these details is to ensure that the privacy of the owners of the funds is protected. But it is possible to get more details about a listed item for which you should click on the Property ID number. But you will get the range of the amount and not the exact figure. In general, the website will display the ranges as follows:
Under $25.00, $25.00 to $50.00, $50.00 to $100.00, over $100.00.
There are a number of service providers that help in finding such Louisiana unclaimed money. You can seek their help as well.