Hostettler: Unclaimed property may be waiting for you

Posted by: Jordan Wallace  | Friday, August 21, 2020

STATEHOUSE (Aug. 21, 2020) – With about $570 million in unclaimed property available, State Rep. Matt Hostettler (R-Fort Branch) said Hoosiers should visit 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.

"The state has millions of dollars in unclaimed property and so many Hoosiers don’t know they’ve got money waiting,” Hostettler said. "By going to Indiana Unclaimed's website, you can search by your name to see if any assets are listed. I hope more look into this to see if any money can be put back in their pockets."

Hoosiers can visit or call 866-IN-CLAIM to see if they have money waiting to be claimed. Hostettler 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. Hostettler said more than $34 million has been returned to Hoosiers so far this year.


State Rep. Matt Hostettler (R-Fort Branch) represents House District 64,
which includes Gibson County and portions of Knox, Pike, Vanderburgh and Posey counties.
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