$300,000 + Waiting to Be Claimed by Residents, Companies

There are approximately 900 claims for individuals and businesses ranging in amounts from $1 to more than $100,000. There is more than $300,000 total waiting to be claimed.

The Clerk of Courts believes a lot of the money that has not been claimed is due to people moving, people not renewing their P.O. boxes and businesses shutting down.

“So we end up with a bunch of checks that don’t get cashed,” she said. “We have to do something with that money. We can’t keep it, it is not our money.” Optimistically only a fourth of the checks will get claimed, which the Clerk of Court believes is because people move out of the area and have forgotten about the check. Others have died and family members are not aware of the money.

“I don’t think you get all the money back,” said. the Clerk of Court “One reason to try to get it before it goes to the state.”

Read the story… | Source: Daily Breeze | Date posted: 2/23/2020