Once funds have been returned to their rightful owner, they wait to file a claim in order to retrieve it.
Many residents may have money awaiting claim in Georgia’s bank that could go unclaimed – yet may not know it exists. This is why it is important to search for georgia unclaimed money online and see if you have any property being protected by the state. Have you received notice that there may be unclaimed property belonging to you in Georgia? If that is the case for you, have you received any letters informing you of this fact?
What Are Unclaimed Property Assets?
Unclaimed money refers to any uncashed checks, security deposits or overpayments that remain unclaimed in Georgia. According to Georgia Department of Revenue website, private companies must turn over all owned money so residents “may reunite themselves with their property”.
Money that has been disbursed remains in Georgia until its owner files a claim for it to be returned. Here are some additional facts to know about unclaimed property:
- Time limits on claiming property from the sale of an abandoned motor vehicle sales are only applicable if any excess funds remain, with such claims limited to one year from when an abandoned car sale occurs.
- Searching the state website is free and safe.
- Claims can only be settled with cash or paper checks.
Georgia Unclaimed Property Listing
Georgia offers residents a secure website dedicated to tracking, filing and paying out claims. Residents simply need their name and city as they submit claims.
If there’s money owed, simply add it to the cart and check out. Residents will then need to fill out an online claim form sent directly to them via email before waiting up to 90 days for their payments by mail.
Residents should be wary of fraudulent websites claiming they can return unclaimed property, and visit the Georgia Department of Revenue website for answers on unclaimed property issues.
