Have you ever lived in Wisconsin? Or, did you ever had any bank account in state of Wisconsin? To your surprise, state treasurer of Wisconsin owes over $150 million to the rightful owners. Don’t be surprised if it’s you to whom state owes. You can check online for free if state government of Wisconsin owes you, your long forgotten unclaimed property proceeds.
The state government of Wisconsin has been instrumental in returning claims to the rightful owners. In 2008, state government received over 25,000 claims and returned over $28 million to its rightful owners. In 2009 they have already received over 15,000 claims and reunited over $17 million with its owners. The state’s unclaimed property program was initiated in 1970 and till date they have returned over $1.7 billion to owners.
As soon as the property is reported unclaimed state laws require the funds to be used in School Trust fund. This money is used to offer low-interest rate loans to students for their education. The money earned through Interest is used to maintain libraries. However, claimants can anytime file and claim their hard earned and well deserved money.
So if you are wondering that how can you claim your rightful share from $150 million, read on to discover. First and foremost you have to ascertain if state owes you. You can use their online search to check if your name features as the owner of the property. A property ID is associated with every property. You can click if it’s yours and choose to file an online claim. Owner or his legal heirs can file for a claim in state of Wisconsin. The process of claiming the property is free of cost in Wisconsin. Claimants can successfully get their property proceeds if they are able to produce necessary documents to conform their identity along with the claim form.