Unclaimed Money Delaware

DELAWARE HAS RETURNED MORE THAN $2 BILLION IN UNCLAIMED PROPERTY TO ITS RIGHTFUL OWNERS.

While each state has its Unclaimed Money definition, they are all quite consistent. A property declared unclaimed in one jurisdiction is likely to be regarded unclaimed in another. In contrast, the statutory time limitations for property to be considered abandoned may differ significantly from one state to the next.

Unclaimed or abandoned property refers to accounts held by financial institutions or companies (holders) that have had no activity or contact with the property owner for at least one year, according to the National Association of Unclaimed Property Administrators.
The length of time varies from state to state.

Savings accounts, checking accounts, uncashed dividend checks, uncashed payroll checks, unclaimed wages, stocks, traveler’s checks, refunds, trust distributions, unredeemed money orders, unspent gift certificates, insurance benefits, overpayments, life insurance policies, mineral royalty payments, annuities, certificates of depossession are all examples of unclaimed property. Real estate and motor vehicles are two forms of property that are often exempt from becoming unclaimed property.

How Much Unclaimed Money in Delaware?

Delaware does not disclose the actual amount of unclaimed property it owns, but it does declare that over $300 million has been returned to property owners in the last three years. According to the National Association of Unclaimed Property Administrators, the total amount of unclaimed property in the United States is $42 billion (NAUPA).

Delaware’s Claim Unclaimed Property website features three entry fields: name or business name, city, and property ID number. You can conduct a search based solely on a person’s or company’s name.

We execute the exact search in each state to make it easy for our users to compare state datasets. Bob Smith is the name we use. We purposefully chose a fairly common name since common words are more likely to yield an overwhelming quantity of search results. This means you’ll have to develop another technique to filter down your findings. To see if this is the case in Delaware, we begin by looking up the surname Smith alone. We learned that the search yielded a total of 1,000 results. However, like with many state pages, these results are deceptive, as a search can only yield 1,000 results.

Is There Unclaimed Money In Your Name?

The government may have as much as $58 billion in unclaimed money. Find out if some of it may belong to you or someone you know!