Release Date: 30 March 2007
Release ID: 1735
CashUnclaimed.com contains one of the largest databases for unclaimed money in the world. Our current database lists billions of dollars in unclaimed money, property, accounts and assets from all 50 states and several Federal agencies that could belong to you.
Oregon Unclaimed Money Totals over $220 MILLION
The State of Oregon is currently holding over $220 MILLION in unclaimed money. This money belongs to millions of Americans nationwide.
Oregon State has returned over $11 MILLION in unclaimed funds since January 2005. However, the Oregon Department of State Lands Unclaimed Property Section estimates that there are still 1 MILLION Americans owed Oregon Unclaimed Money!
Unclaimed funds in Oregon can come from many places such as old checking accounts, abandoned savings accounts, forgotten stocks, life insurance policies, checks that have not been cashed, certificates of deposit, safe deposit boxes and other sources
There is an average of $32 MILLION in new unclaimed assets added annually to the Oregon Unclaimed funds pot!
Many citizens are unaware unclaimed money exists or do not know how likely it is that they, or someone in their family is owed a check from Oregon unclaimed assets.
Citizens may be owed money because they were named as a beneficiary on a life insurance policy or opened a savings account and forgot about it or your account went inactive because you did not make deposits or withdrawals for a period of time.
Many people move, forget to change their address at the post office, and had money coming to them now. Oregon unclaimed checks may come from something as simple as a person who forgot to redeem a gift certificate and it expired and they are owed the money from the unused gift card.
This is only a few of the many reasons you may be owed Oregon unclaimed money.
Citizens many also have money owed to you that was reported in a state other than your state of residence.
To find if a person is owed unclaimed funds they should conduct a simple search in a nationwide database. Searching only a state database does not ensure you will find all money owed to you. For a comprehensive search a database that covers all 50 states and federal databases like www.cashunclaimed.com.
Citizens should take precautions to ensure their money does not end up in OR unclaimed money. There are simple steps that can be taken to ensure funds do not wind up lost:
- Keep accurate records or all accounts including bank accounts, stocks, bonds, pensions, 401K, safe deposit boxes, life insurance policies, etc.
- Ensure a family member, attorney, executor or trusted adviser knows the locations of your financial records and accounts
- Keep financial institutions holding savings, checking, IRA, certificate of deposit and all other accounts up to date on your current contact information and mailing address
- Correspond with all financial institutions at least once every three years
- Cash all checks for dividends, insurance benefits and wages. If the dividends stop coming in the mail contact the company that issues the dividends.
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