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Are you a member of the ‘the recipient of Oregon unclaimed money club’?

The State of Oregon is currently holding over $220 MILLION in unclaimed money. This money belongs to millions of Americans nationwide. How much is yours?

Author: Sadaq
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Oregon State has $220 million lying unclaimed which should have been rightfully with millions of Americans nationwide. Only $ 11 million has been returned to its lawful owners since January 2005. The Unclaimed Property Section of the Department of State Lands of Oregon estimates that more than one million Americans are lawful recipients of this unclaimed money.

This consists of old checking accounts or abandoned savings accounts, ignored stocks, un-en-cashed checks, certificates of deposits, life insurance policies remaining unredeemed upon maturity, unopened safe deposit boxes and various other sources through which money has been pumped in but never withdrawn. Every year, new unclaimed money worth thirty two million dollars is being added to the Oregon unclaimed money treasure trove

How did you join this club of ‘might have been the recipient of unclaimed money’? There are many avenues and they are as follows

You might have been the beneficiary of an insurance policy without your being informed.

You might have had a savings account which you forgot about due to which it became inactive and the money lapsed as unclaimed money

You got a new job and never followed up the benefits check to be received from the old company

You forgot to redeem a gift certificate with an expiry date

Over and above, money might have been due to you from other states where you lived before you shifted elsewhere

To lay hands on your share of unclaimed money, the smartest thing to do is to commence searching databases encompassing information of Unclaimed Money from fifty states and the Federal databases so as to make your search a comprehensive one. Otherwise, you will be merely touching the tip of the iceberg.

Of course, prevention is better than cure. Hence, make it a habit to have accurate records of bank accounts, stocks, bonds, pensions, 401K, safe deposit boxes and life insurance policies transacted by you or members of your family. Further, ensure that at least one family member other than you or your attorney or your executor is aware of the location of your financial holdings. It is essential to maintain updated information pertaining to your finances. Keep updating all mailing addresses and keep corresponding with financial institutions at least once in a period of three years. Deposit all checks for dividends, insurance benefits and wages and if these instruments to stop coming to you, contact the authorities to demand what is rightfully yours. It is easy to claim your dues today than search for the same as unclaimed money in the federal and state databases of www.cashunclaimed.com at a later stage.

About Author

Nicole Anderson offers a free search for your share on unclaimed money at http://www.cashunclaimed.com . See how much money is owed to you and follow the claim instructions to get a check in your mailbox!

Article Source: http://www.1888articles.com

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