(Part 1 of 2)

Most people know Tennessee for its country music and world famous BBQ, but the state is also home to one lesser-known treasure – unclaimed property. In fact the TN Treasury Department adds tens of millions of dollars in Tennessee Unclaimed Money to its rolls each year, and just a fraction of it ever gets given back to the rightful owners. In turn, this mountain of cash gets bigger and bigger each year.

The TN Treasury Department %took in% roughly $40 million in unclaimed property in 2006 alone, and was only able to return $20 million to the actual owners. This means that another $20 million was thrown on top of the already swollen pile of money that continues to be unclaimed. This trend of giving back just a small portion of what the state gets every year is consistent across the nation because of a lack of education about these funds. The fact is, most citizens are simply unaware of the tens of billions out there waiting to be found.

(to be continued)

–

Finder may get cash
A LARGE sum of money found in a gutter in Wenden Rd, Mill Park, three months ago remains unclaimed.

State gives owners of unclaimed property a chance to retrieve it
Hundreds of folks with unclaimed money – old bank accounts, overlooked stock shares, forgotten refunds – are getting a chance to retrieve it without going through state government.

Ohio getting more unclaimed money to owners
COLUMBUS (AP) — Officials say a state agency celebrating its 30th anniversary has reunited Ohioans with about $830 million they didn't realize was out there.