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What Are Unclaimed Funds and How Do I Recover Them? (2024)

Imagine this scenario: you’re going through old papers or organizing your home, attempting to downsize some of the clutter, and you stumble upon an envelope that looks out of place. Upon opening it, to your surprise, you find a check or a bank statement from years ago that you completely forgot about. This found money, seemingly out of nowhere, could give a small but meaningful boost to your finances. However, not all forgotten funds reveal themselves so conveniently. Many people are completely unaware that they might have dormant assets or unclaimed money waiting for them to claim. From overlooked bank accounts and uncashed checks to inheritance money that somehow got lost in the shuffle, these latent funds could be making a significant difference in your financial health.