Record $25 Million in Unclaimed Money Returned by Wisconsin State

Released on: January 14, 2008, 10:50 pm

Press Release Author: Nicole Anderson

Industry: Financial

Press Release Summary: Santa Ana, CA - January 15, 2008 - Nearly $25 Million in
unclaimed money was returned by Wisconsin's unclaimed money department, in 2007
reported the WI treasury office Thursday.
Wisconsin Treasury Department paid out 24,616 unclaimed money claims in 2007 stated
Treasurer, Dawn Marie. The national total of unclaimed money now totals nearly
$35 BILLION.Cashunclaimed.com is the largest unclaimed money database, including all
state and federal databases. The site offers more information on unclaimed money and
free unclaimed money search at www.cashunclaimed.com



Press Release Body: Santa Ana, CA - January 15, 2008 - Nearly $25 Million in
unclaimed money was returned by Wisconsin's unclaimed money department, in 2007
reported the WI treasury office Thursday.

Wisconsin Treasury Department paid out 24,616 unclaimed money claims in 2007 stated
Treasurer, Dawn Marie. The average claim was over $1,000 and the unclaimed cash
paid out totaled $24,730,582.

This sets a record for the highest amount of unclaimed money returned by Wisconsin
in a year.

In a written statement Wisconsin Treasurer Marie touted, \"...our unclaimed property
department is doing an excellent job serving the people of this state.\"

She neglected to acknowledge the hundreds of thousands of dollars private companies,
such as Cashunclaimed.com, have spent reaching out to the public, including the
residents of Wisconsin.

Many state treasury offices did very little in the past to reach out to the public
and inform them of unclaimed money. Some states only published a generic ad in a
small paper to advertise unclaimed money to the public.

State governments use unclaimed money they receive to lighten the load on their
strapped budgets. No wonder they were not eager to return BILLIONS of dollars to
the people.

The public should be informed of the unclaimed money, not only in Wisconsin, but
nationwide. The national total of unclaimed money now totals nearly $35 BILLION.

Recognizing the need for a greater outreach to the public and the additional need to
give people an easy way to find their unclaimed money, private companies built
databases that combined unclaimed money from all 50 states and federal databases
then spent huge sums of money advertising \"Unclaimed Money\" to the public.

Coincidentally, since the creation of these private higher quality sites that spend
money to make the public aware of unclaimed money the total of returned unclaimed
cash has grown BILLIONS!

Unclaimed money, commonly known as unclaimed property, includes forgotten checking
and savings accounts, uncashed payroll checks and tax refund checks, utility deposit
refunds, stocks, bonds and dividends, and even safety deposit box contents.

For most states the statute requires that after one to five years of inactivity
businesses across the country are required to turn all unclaimed money and unclaimed
property to the state treasurer's office for safekeeping.

All people are strongly urged to search and see if they are owed unclaimed money.

Cashunclaimed.com is the largest unclaimed money database, including all state and
federal databases. CashUnclaimed.com was founded to assist owners in easily locating
and claiming their lost funds. The site offers more information on unclaimed money
and free unclaimed money search at www.cashunclaimed.com.


Web Site: http://www.cashunclaimed.com

Contact Details: 19881 Brookhurst St Suite C-285
Huntington Beach, CA 92646
714-277-3040 extension 707
cashunclaimed1@gmail.com

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