Why pay others to recover unclaimed money payable to you? Do it on your own!

If you have received communication indicating that you may be owed unclaimed money by an individual offering to recover your unclaimed money at a hefty cost, then you are not the only one to have received such an offer. Such offers are very common. However, individuals baulk at the idea of paying a lot of money to recover their own money. If you want to recover your unclaimed money without denting your wallet, there is an effective and efficient method for you to do so. Contrary to the fears of some individuals, the service of recovery of funds or finding of money is not illegal. It is a legal service offered by property locators or by heir finders. Unclaimed money recovery services are regulated by the law. So much so the maximum that can be charged from a person who is owed unclaimed money has been provided for in the law. The money is paid for the efforts of the individual to bring the existence of proof of unclaimed money to the individual. If you are not comfortable with the idea of paying some other person for locating YOUR money, then you can act on your own and try to claim the money yourself. The money that you had deposited in the old checking or savings accounts or the value in the stocks, bonds, dividends, insurance policies and safety deposit boxes, which have been forgotten and ignored are the prime constituents of unclaimed money. If you remain untraceable, the institutions shall hand over the money to the State after the expiry of a fixed period of time. Once the money is handed over, the agencies hold it waiting for you to come and claim the same. These agencies are required to advertise and are expected to try to contact you to repay the money. However, this never does happen and the owners are expected to take the initiative. Searching for unclaimed money is very simple. The first thing to do is to search an unclaimed money database. If the database searches details of unclaimed money from all state and federal databases, then that is the database that you ought to be using. Using any other database will give you incomplete results. You may still be owed unclaimed money. All-in-one databases charge for their service. However, the databases do not demand immediate payment. They allow one free search to the individual to determine if he or she is owed money or not. Then, it is for the individual to decide. Once the unclaimed money is found, all one has to do is fill the appropriate forms, which can be downloaded from most of the websites for free. The individual is required to attach proof of identification and/ or proof of either ownership or entitlement of the unclaimed money. Together, the two documents should suffice. Verification process is initiated if the documents and the form are found to be in order. The unclaimed money check should arrive, at the earliest, within two weeks and, at the latest, within sixteen weeks. If additional documents are required, you shall be contacted by the agency. If you follow this procedure, you can easily find and claim the unclaimed money without having to pay even a single cent to any other person.