Almost $700 million Georgia unclaimed money collected


	Almost $700 million Georgia unclaimed money collected

chaynepain

9-18-2008 2:44 AM

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tags:

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

chaynepain says:

Approximately $684 million GA unclaimed property funds sitting in the Georgia State Treasury waiting for residents to come forward and file a claim. Some criticize the government of misappropriating the funds for its own gains.

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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/ed3ae50a-cb40-43cb-87f1-e18a57708c99/302230C2-F7B4-4EC0-B6A6-80B0AA54C031/" 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/">Most residents of GA State may not be aware about State unclaimed property. If they did, certainly more than a measly 12 million out of a whopping $684 million would’ve have been claimed by its rightful owners during the recent fiscal year. As mandated by US law, the State collects idle financial assets from various businesses, insurance companies, banks and other financial establishments every year. Financial assets that have been abandoned and whose owners haven’t been located for a a few years are ‘escheated’ to the State as Georgia unclaimed property.</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/"><FONT size="3">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.  All they have to do is go online to do a <A href="http://www.unclaimedmoney.net">search for unclaimed money</A>.
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