Frye: Unclaimed property may be waiting for you

With more than $565 million in unclaimed property available, Hoosiers are being urged to visit IndianaUnclaimed.gov.

(Indianapolis, Ind.) - With more than $565 million in unclaimed property available, State Rep. Randy Frye (R-Greensburg) said Hoosiers should visit IndianaUnclaimed.gov today to see if money is waiting for them.

According to the Office of the Attorney General, the unclaimed property can come from any financial asset with no activity by its owner for an extended period of time like unclaimed wages or commissions, savings and checking accounts, stock dividends, insurance proceeds, underlying shares, customer deposits or overpayments, certificates of deposit, credit balances, refunds, money orders, and safe deposit box contents. It does not include abandoned vehicles, real estate, or stolen property.

"There are thousands of properties waiting for people to claim," Frye said. "That includes property worth more than $100. Through Indiana Unclaimed, Hoosiers can quickly check their name and see if there is money they can get rightfully returned to them."

Hoosiers can visit IndianaUnclaimed.gov or call 866-IN-CLAIM to see if they have money waiting to be claimed. Frye encourages Hoosiers to check their names along with the names of family members and friends.

The organization holding the potential unclaimed property makes every effort to contact the owner and establish activity through an online login, written correspondence, withdrawal or deposit, or an update to personal information. If these attempts do not produce activity, the asset is reported to the state of the owner’s last known address. Frye said more than $35 million has been returned to Hoosiers so far this year.