Georgia unclaimed money worth almost $700 million!


	Georgia unclaimed money worth almost $700 million!

koinkolectah

9-8-2008 2:32 AM

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tags:

georgia unclaimed money, lost money, ga unclaimed money, georgia unclaimed property, georgia unclaimed funds

koinkolectah says:

It' s quite common for residents to have unclaimed property in a nearby state. It's possible for Florida residents then to be owed Georgia unclaimed money (and vice versa) and not even know it.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/54df5966-d686-45b9-a7f9-8573879da7bf/0A5B9A4A-31E1-43EF-BD29-1D37250B470B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://unclaimedmoney.wordpress.com/2008/08/19/georgia-unclaimed-money-over-half-a-billion-owed-to-residents/" href="http://unclaimedmoney.wordpress.com/2008/08/19/georgia-unclaimed-money-over-half-a-billion-owed-to-residents/" style="font-size: 11px;">unclaimedmoney.wordpress.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://unclaimedmoney.wordpress.com/2008/08/19/georgia-unclaimed-money-over-half-a-billion-owed-to-residents/"><FONT size="3">Escheat laws were passed to protect citizens’ <A href="http://www.lost-money.net">lost money</A>- giving the State responsibility for the safekeeping of residents’ unclaimed money and property lest the financial entities holding them keep it for themselves. Some criticize that some States are seizing citizens’ unclaimed funds for the purpose of balancing their budgets.  “<EM>When they are used the way they were intended, which is as a mechanism to help reunite property owners with their lost or abandoned property, then I think they’re a good thing,” </EM>says Atlanta lawyer John Coalson who specializes in Georgia unclaimed money.<EM> “When they’re used as a means for states to simply raise money, then I think states ought to call a tax ‘a tax’ and not just take people’s property.”</EM></FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://unclaimedmoney.wordpress.com/2008/08/19/georgia-unclaimed-money-over-half-a-billion-owed-to-residents/">Whichever way the State uses citizens’ unclaimed property, there’s no question that more residents should check if they are owed part of the $684 million G<A href="http://ezinearticles.com/?Hundreds-of-Millions-of-Dollars-in-Georgia-Unclaimed-Money&id=893445">A unclaimed money</A> pie.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0A5B9A4A-31E1-43EF-BD29-1D37250B470B/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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