As per LA State Unclaimed Money law, all assets that are unclaimed for between 3 to 5 years are to be deposited in the State Treasury for safe custody until the rightful owners are found. And this is where the problem lies. In most cases property becomes unclaimed when people move to a new home without leaving a forwarding address. This means that the Post Office can't forward their mail, which may contain payments in various forms, to them. These are then returned to the sender and if the proper recipient is not traceable within the defined time frame, the money is given to the State for safe keeping.



This unclaimed money can take many forms ? forgotten savings and bank accounts, safe deposit boxes, undelivered salary checks and share dividends, tax refund, insurance payments, forgotten pension checks and so on. This list is large. While most people think that they would never forget about money that is due to them, a large number do ? that's what accounts for the $400 million in Louisiana alone. In fact, the money due to you need not even have been originally yours. There may be inheritances and bequests that you are not aware of. Or there may be a case where a person has passed away without a will and the legal division and disposal of the property may have something for you.

The reason why such large sums of unclaimed money are lying with Louisiana and the other states is that most people don't know about the unclaimed property laws. Louisiana, like all states, has an unclaimed property database that is easy to search. If you should find your name on the list, or that of a family member or a friend, you will find easy to understand and clear cut instructions on how to go about making your claims.

Perhaps you are still struggling to recover from Katrina, or maybe looking for a way to ease the current economic stress. Either way, unclaimed money lying with the government is not doing you or anyone else any good.

Take a little time and search for what may rightfully be yours. A small amount can make a great present to yourself and a large amount may turn your life around!

All you have to do to find and search for Louisiana Unclaimed Money is enter your name in an unclaimed money search. The results should come back within a minute showing you how many unclaimed money records are owed to your name. Then all you have to do is look through those records, see which ones are yours and send in a claim form.

Depending on which state or federal agency is holding your money you will need to provide some proof of identification like a copy of your drivers license, birth certificate or other form as proof of your identity and entitlement to the missing money.

After the claim form is sent in you should get a check in your hands within 2 to 12 weeks.

Good luck on your missing money search!