Barrett: Unclaimed property may be waiting for you

Posted by: Lydia Kirschner  | Tuesday, September 8, 2020 2:20 pm

STATEHOUSE (Sept. 8, 2020) – With about $570 million in unclaimed property available, State Rep. Brad Barrett (R-Richmond) said Hoosiers should visit IndianaUnclaimed.gov today to see if money is waiting for them.

According to the Indiana Attorney General's Office, unclaimed property can come from any financial asset with no activity by its owner for an extended period of time like unclaimed wages or commissions, savings and checking accounts, stock dividends, insurance proceeds, underlying shares, customer deposits or overpayments, certificates of deposit, credit balances, refunds, money orders and safe deposit box contents. It does not include abandoned vehicles, real estate or stolen property.

"Many Hoosiers do not know about Indiana Unclaimed and could be losing out on getting their own money back in their pockets," Barrett said. "You could have unclaimed funds from a utility deposit, a refund or a number of other reasons. I encourage you to visit the website to see if you, a family member or friend is listed."

Hoosiers can visit IndianaUnclaimed.gov or call 866-IN-CLAIM to see if they have money waiting to be claimed. Barrett encourages Hoosiers to check their names along with the names of family members and friends.

The organization holding the potential unclaimed property makes every effort to contact the owner and establish activity through an online login, written correspondence, a withdrawal or deposit, or an update to personal information. If these attempts do not produce activity, the asset is reported to the state of the owner’s last known address. Barrett said more than $30 million has been returned to Hoosiers so far this year.

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State Rep. Brad Barrett (R-Richmond) represents House District 56,

which includes portions of Wayne County.

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