There are approximately $58 billion of unclaimed funds that is held by various states, national agencies and other organisations. North Dakota has a larger share than $29 million. If you are a resident or former resident, you might have some of this money.
Although a substantial amount of the state’s money has been returned to their rightful owners already, it is not an automatic process. You will need to search for any missing property.
UnclaimedMoney will help you locate your unclaimed assets. It provides all the relevant information, from trustworthy sources with glowing testimonials to the waiting period to get your funds.
Where does the unclaimed money in North Dakota come from?
There are many reasons you might have lost your assets in North Dakota. These are just a few:
|Refunds||If you were entitled to a refund on a purchase, but did not claim it,
After a period of time, the company was required to hand over the funds to the state
|Relocations||You may owe money if you move and don’t give your old landlord your new address.
This could happen if your landlord doesn’t return your deposit, or if you paid rent in advance. They also won’t be able to contact you after you’ve left.
|Unknown Inheritance||A relative may have died and left assets to you, but you cannot contact their lawyers.|
|Job changes||Your former employer might not be able reach you and deliver your last paycheck if you have quit or been fired.
This occurs when you update your contact information and don’t notify your former employer.
Even if an owner doesn’t wish to take any of the assets, the company will still give them to the state
What is Unclaimed Money in the ND?
Unclaimed assets can include any account that a person has in a financial institution, or funds within a company. If:
- The account is inactive. There are no manual withdrawals or deposits.
- The owner cannot be reached by the holder of the assets
If the inactivity continues for more than three years, the holder must turn the funds over to the government.
The Unclaimed Property Division of Department of Trust Lands is responsible for returning North Dakota’s unclaimed assets to their owners.
It is also known as a “dormancy period” and it can vary from one state to the next. The dormancy period in North Dakota is three years for most assets. After that, the holder must report the property the Unclaimed Property Division.
You can always claim the funds and they will remain with the institution indefinitely.
What are the Different Types of Unclaimed Assets?
Although states might have different processes and dormancy periods for claiming assets or processes, they all have the same view of what is considered unclaimed property.
Some common unclaimed assets are:
- Check your insurance
- Certificates of Deposit
- Uncashed checks
- Overpayments by customers
- Refund money
- Safe deposit boxes: contents
- Inheritance funds and other assets of deceased relatives
- Safe deposit boxes: contents
- Old bank accounts may have funds
This list can contain a wide range of assets and is much longer than it appears.
Some items are not considered unclaimed property and cannot be claimed. The state cannot claim assets such as cars, real property, furniture, and any stolen property.
How to Find North Dakota Unclaimed Cash and Claim It on Your Own
Before searching for unclaimed assets, there are many factors you should consider.
You should be aware that the United States does not have a centralised system for searching for unclaimed funds if you live in multiple states.
Each state would need to be searched individually. The National Association of Unclaimed Property Administrators could help speed up the process. Although it is not a federal database this site provides links and information on how to find assets in different states.
You may be asked for personal information such as your full name and addresses.
If you are a resident of North Dakota and have made the decision to search for unclaimed funds yourself, the Unclaimed Property Division North Dakota website is your best choice.
These steps will be followed once you have accessed the website.
- Click on the Claiming Property tab at the header
- Select Search Unclaimed Properties in the drop-down menu
- Enter your name or your business name
- To narrow your search, provide additional information
- Click the Search button
- Click the CLAIM button beside the property you think may be yours
- Click the button VIEW CLAIMED PROPERTIES
Although the service is completely free, it may take some time. If you receive too many results, you will need to refine your search and add additional information.
The Easier Way To Claim Unclaimed Money in North Dakota–UnclaimedMoney!
Our virtual assistant app can help you find and claim your assets within a few simple steps. UnclaimedMoney’s AI-supported software will search through multiple databases to find any asset that you may be eligible for.
You don’t need to visit another service if you were previously resident in another state. Our Missing Money option covers all of the country.
These steps will help you find any funds that you may be eligible to claim.
- You can access your account via a web browser
- Click on the Missing Money Tool
- Please provide your full name, current and past addresses.
- To begin the Claim My Property process, click on the Claim My Property button
We will take care of everything! UnclaimedMoney will create a claim for you and send it to you. This means that there is no need for you to spend time trying to figure out the process.