Unclaimed Money in the State of Oregon
It is possible that you may have unclaimed cash Oregon in your name. This could be money that belongs to you in a bank account or a part of an insurance payout or dividend payout. This money may be in an inactive account. Many a time, people forget that they have money in a bank account. Dividends may be due from a stock that is in a relative’s name and for which they are the rightful owners.
Such unclaimed money Oregon could be available in your name. Most people may not even be aware that there is money. If you wanted to know if any money owed to me, then you can find out by checking if the state of Oregon is holding funds that belong to you. Unclaimed property that is not active more than three years would be considered unclaimed money. This money is available with the Oregon Department of State Lands.
You can claim the Government unclaimed funds that are in your name. All such money is kept in the Oregon Common School Fund and the interest is used for schools in the state. If a rightful owner claims the property, then the cash would be handed over after processing the claim.
How to Claim Unclaimed Money in the State of Oregon: Follow These Steps
Oregon State has made it easy to get unclaimed money Oregon for anyone whose property is lying in the unclaimed funds. If you feel that there may be property or money in your name, then this is how you can go ahead and claim the money.
Step 1) The first step is to do an Unclaimed money search Oregon by visiting this link - https://oregonup.us/upweb/up/UP_landing.asp. While using the website, you have two options, you can directly start searching or register so that the search details are saved and your claim too will be saved. Registration though is not compulsory. To search for lost and unclaimed money, you need to enter the name of the person or business, in whose name the money is registered.
Step 2) Once you start the search, you will see a list of properties that match the search criteria. It is important that you use the proper search criteria. The reason is that only the first 50 matches are displayed. The list has details of the property, type of the property, full name, and amount details. If you are sure that any of the property is rightfully yours then click the checkbox in front of that property. Once you check all the items, click on claim properties to initiate the claim.
Step 3) You then need to provide your details. Your name, address, phone number, SSN, and relationship to the person in whose name the property is listed need to be provided. Once you fill in all the information, you can click on next to create the claim form.
Step 4) Once the claim form is created, a unique claim number is generated. This claim number can be used to identify your claim and track its status later. You need to provide evidence that you have a legal claim over this property. The type of evidence like identity proof, address proof, etc depends on the type of property. You need to fill the form, sign it, attach the copies of documentary evidence and mail it to the address given.
Once you send the claim, the department will take it for processing. They may demand additional evidence, where required. Once you send such evidence and the department is convinced the property is yours, then you can get paid.