January 15, 2011 by staff
Unclaimed Bonds, This week a church in Charlestown, West Virginia received a check from the funds of a State unclaimed property or unclaimed bonds. The United Methodist Church was presented with the check a little less than 10,500 by the state Treasurer John Perdue earlier this week. The office of Purdue Field Officer Roger Hughes discovered the funds.
The recovered funds will be allocated to finance the education of the Church of the seminar, to offset the costs of students studying to become ministers.
Curiously this is not the first increase in church bonds unclaimed. In 2009, it was also discovered by the office of Purdue that the church had an unclaimed asset and 52,000.
The funds are collected in a focused effort of the National Treasury to distribute funds to their rightful owners. Their efforts have led to discovery of over 100 million in funds unlaimed, which was given to the recipients. Senator conducts extensive research to find the links and their beneficiaries. According to Hughes, there are more than 800,000 accounts in West Virginia that are still unclaimed.
Do you have unclaimed bonds? Would not it be nice to come into some money, like finding money in the couch?
According to the Treasury Department, 25,000 bond payments are undelivered and unclaimed each year.
Treasury’s website Hunt government, Americans may consult the obligations and payment obligations that are MIA and apparently not collected.
These obligations may include those owned by members of the family died, or simply matured bonds that do not earn higher interest.
Other types of unclaimed funds include Treasure Hunt HH / H bonds or interest in Legacy Treasury Direct payments.
Keep in mind, however, that the Treasury Hunt has no record of all savings bonds issued only Series E bonds that were distributed after 1974.
To search to see if you have any unclaimed bonds, just enter your social security number or identification number on the secure website of the federal government.
Redeeming bonds unclaimed may require you to provide more information on dates, names and other data on bonds. You may not be able to pull up all the unclaimed bond information if you are looking for someone else or a co-owner of a bond.
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