more about money

[Guest guest]

Darlene, after I sent that answer, I went to the Indiana website & got this info from the FAQ's:

Do I pay a fee to get my money back from the state?No. This is a free service of the Office of the Indiana Attorney General. You can search the Indiana Unclaimed Property database and the databases of other states where you have lived, free of charge. However, private recovery agencies, finders and other third-party companies, may charge a fee for assisting you with the recovery of your unclaimed property. Do your homework, and understand your potential costs and options, before you choose to utilize the services of any of these companies.

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What is a "finder"?Locator, finder, tracer, heir-finder, collector, investigator, researcher and broker are all names for individuals who seek out owners of unclaimed property in Indiana and other states. Functioning as a finder is legal, but consumers should know that finders generally charge a fee for this service. According to Indiana law, finders may charge up to 10 percent of unclaimed money as payment for locating lost assets. Finders may also mail postcards and letters asking up front for fees. In most cases, after paying these fees, the citizen will receive a list of the state's Unclaimed Property Division's offices or paperwork to be completed and mailed to the Unclaimed Property Division.

So after paying these people a fee, you still do the paperwork you would have done anyway! I did have to pay $3.00 at my bank to get it notarized.

Ramblin' RoseModerator A merry heart is good medicine. Proverbs 17:22

"How far you go in life depends on your being tender with the young, compassionate with the aged, sympathetic with the striving, and tolerant of the weak and the strong. Because someday in life you will have been all of these."

~ Washington Carver Windows Live Hotmail and Microsoft Office Outlook – together at last. Get it now!

[Guest guest]

Darlene, after I sent that answer, I went to the Indiana website & got this info from the FAQ's:

Do I pay a fee to get my money back from the state?No. This is a free service of the Office of the Indiana Attorney General. You can search the Indiana Unclaimed Property database and the databases of other states where you have lived, free of charge. However, private recovery agencies, finders and other third-party companies, may charge a fee for assisting you with the recovery of your unclaimed property. Do your homework, and understand your potential costs and options, before you choose to utilize the services of any of these companies.

Back to Top

What is a "finder"?Locator, finder, tracer, heir-finder, collector, investigator, researcher and broker are all names for individuals who seek out owners of unclaimed property in Indiana and other states. Functioning as a finder is legal, but consumers should know that finders generally charge a fee for this service. According to Indiana law, finders may charge up to 10 percent of unclaimed money as payment for locating lost assets. Finders may also mail postcards and letters asking up front for fees. In most cases, after paying these fees, the citizen will receive a list of the state's Unclaimed Property Division's offices or paperwork to be completed and mailed to the Unclaimed Property Division.

So after paying these people a fee, you still do the paperwork you would have done anyway! I did have to pay $3.00 at my bank to get it notarized.

Ramblin' RoseModerator A merry heart is good medicine. Proverbs 17:22

"How far you go in life depends on your being tender with the young, compassionate with the aged, sympathetic with the striving, and tolerant of the weak and the strong. Because someday in life you will have been all of these."

~ Washington Carver Windows Live Hotmail and Microsoft Office Outlook – together at last. Get it now!