Ways money gets "Lost"

Usually this money we're talking about has never been "lost" or forgotten.  But it is  YOURS.  Here are some simple examples of money that can now be claimed:

• If you have ever made a deposit to get your electricity turned on, that deposit is usually refundable to you when you stop the service.  Many people don't know this, and when they move, the utility company may not have your new address.

• Insurance companies have millions of dollars they owe to their clients.  Dividend checks, policy adjustments, etc. where they may have lost contact with the policy holder, or maybe the address they have is slightly incorrect... just enough to cause the mail to not be delivered to the policy holder.  Sometimes the simplest mistake can cause a check to not be received, and therefore the money goes unclaimed.

• Washington Mutual Bank was one of the largest banks in the country.  When it went bankrupt in 2008, millions of account holders may have thought their money was gone.  Actually, though, the FDIC made it their responsibility to return as much of the account holders' money as it could.  Still, the FDIC was unable to locate OVER 1 MILLION account holders.  This money is now sitting unclaimed. 
  

So, it's not like you "lost" the money... few of us ever do that.  But when we buy homes, cars, insurance policies... these purchases are so complicated that sometimes things just "happen".  That's why our firm is in business... to return this money to the rightful owner.