Colorado is holding over $1 Billion in Unclaimed Property

You might be in for a pleasant surprise if you are in need of a cash infusion. And, all it takes to find out is a quick online search. As with other states, the state of Colorado maintains a comprehensive database overflowing with old bank accounts, insurance proceeds, inherited property, and millions of dollars in missing money. If you want to see if any of that cash is yours, here are the steps you need to take.

Steps To Claim Your Colorado Lost Property

1.Navigate to the official website the state of Colorado has established for residents to search for their unclaimed property. That official state website is aptly named colorado.findyourunclaimedproperty.com.

2.Click on the Unclaimed Property tab. This will open the page you need to continue your search for the missing money.

3.Enter your name in the appropriate search fields if you are conducting a search for personal property. If you are searching for funds on behalf of your business, you can simply enter the name of the business in the name field.

4.Click the Search button to begin the query, then review the list of results carefully. Check the results several times to make sure you are not missing out on money you have coming.

5.Fill out the claim form for the property you think may belong to you. Check the website and the form to see what kinds of proof you will need to submit. You will need to prove your identity and prove that you are the rightful owner of the property you are claiming.

6.Check back at the website to review the status of your claim as it moves through the process. It can take some time for the claim to be processed, so be patient and keep checking back.

7.Enjoy your newfound money.

Where Does Lost Property Come From?

There are many different reasons a particular asset would end up in the database the state of Colorado maintains. Sometimes it is an old bank account, held by a depositor who moved away and could not be contacted. Sometimes there are tax refund checks that have never been cashed, or insurance proceeds that have never been claimed. No matter what the route, however, it is all waiting there to be claimed.

Now that you know how easy it is to check for missing money and unclaimed property, there is no reason not to do it. So go forth, do a search and cross your fingers for good luck – you may be pleasantly surprised at what you find.