There are two methods to claim unclaimed funds from New Jersey. After conducting a search based on the name on the site for unclaimed properties, one can make an unclaimed property claim. This is perhaps the most efficient and speediest method to get the money that is not claimed for New Jersey.
A person looking for claims online must use the search using a name. Then, the user should select the search results that match. By selecting these results, they add items to the claims cart that is located at the lower right of the page. By clicking on the claim cart, you lead the searcher to a page on which they’ll have to choose their connection to the property or money that is not claimed. The system then asks the user to supply details about their personal life, including their Social Security number, contact information, and current address of their physical.
In addition to the information supplied in the claim, the applicant must submit supporting documents before an Unclaimed Property Administration will consider the claim and then process it. If the administration accepts the claim they will, then the State Department of Treasury will issue an equivalent check to the amount of money that is not claimed, along with interest earned over the course. However, when an application is rejected, the applicant can submit specific evidence to support their claim. Documents required for approval typically include driver’s licence as well as vital records and court orders based on the status of the claimant.
Alternatively, the person can submit a claim in writing for money that is not claimed which is also known as mail-order claims. The claimant must submit an application for money unclaimed that contains their full name as well as a description of the money not claimed, the date that was the most recent date of financial activity, the name of the financial institution as well as the amount that remains unclaimed if you know it. Then, the applicant must include a valid government-issued I.D. along with other documents that show their connection to their original owners or the unclaimed cash (see this list of needed documents).
In the end, the applicant must pack the application form in an envelope that is self-addressed and send it to an address like:
ATTN: Claim Section
State of New Jersey
Unclaimed Property Administration
P.O. Box 214
Trenton, NJ 08625-0214
The New Jersey Unclaimed Property Administration has a website free of charge to locate unclaimed cash. The database is only available for money that is not claimed by financial institutions and companies within the state. Anyone who wants to broaden the scope of this search to discover unclaimed cash in federal agencies, as well as financial institutions located outside of the country, could use the information provided in the table below.
It is the New Jersey Division of Taxation that will reimburse the difference if taxpayers pay more than their tax. When tax refunds go in limbo for a long time, the Division of Taxation reports the money as unclaimed. Taxpayers can still claim the money by checking their refund status and submitting an online claim.
It depends. It depends. Unclaimed Property Administration typically processes online claims for money that is not claimed in two weeks. Online claims are more time-consuming for third-party claimants, who need to submit supporting documents. Mail applications for unclaimed funds from New Jersey may take up to three months to complete.