LawFuel Law Newswire Service – Texas state unclaimed property value has skyrocketed to $2 billion and the state government is doing its best to refund this money to the rightful owners. It is estimated that one in four Texans has some cash or property which the state is holding on to, without their knowledge. On an average, a Texan has around $1,000 which the state is safeguarding. One of the highest unclaimed cash amounts was reported in 1996, when Winston D. Johnson received nearly $4.3 million.
“Many folks could use some extra cash right now, and we want to give Texans back their property, whether it is personal property or money that could save taxpayer dollars by going back to city and county treasuries. In fiscal 2009, the Comptroller’s office returned more than $147 million, about $24 million more than in 2008. We want that figure to continue to rise, and we’re working harder than ever to reunite Texans with their unclaimed property.” says Comptroller Susan Combs.
Texas Comptroller’s office is also transforming the print media campaign for the unclaimed property advertisement. Instead of the statewide October insert in newspapers, they will have six regional unclaimed property lists starting from October 18, 2009.
These regional lists of unclaimed property will be displayed for the four consecutive days and for the next five months. So, if a Texan has at least $250 in unclaimed property, they could expect to find their name on this regional list. “Local governments are facing financial challenges,” Combs says. “When we receive money that clearly belongs to a city or county, we contact them immediately and encourage them to claim it.”
Some of the papers that would carry out this regional list of unclaimed properties are – Abilene Reporter News, Amarillo Globe-News, Austin American-Statesman, El Paso Times, Lubbock Avalanche Journal, Midland Report-Telegram, Odessa American, San Angelo Standard Times, Temple Daily Telegram, Wichita Falls Times Record
If you think that you might have an unclaimed property with the state, they you can contact them by:
Phone: 1-800-654-FIND (3463); or for an easier way to find Texas Unclaimed Property you can also utilize www.Cashunclaimed.com, the most exhaustive database of unclaimed property in all the states.
Cashunclaimed.com offers a free search for Texas Unclaimed Property. CashUnclaimed is one of the largest databases in the world. Our current database lists billions of dollars in unclaimed money, property, accounts and assets from all 50 states and several Federal agencies that could belong to you. There are millions of people who are owed Texas state unclaimed money and they don’t even know it!