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Indiana Unclaimed Property

Indiana Unclaimed Property is kept with the Office of the Indiana Attorney General from where the people of the state can make a claim if they happen to be the rightful owners. The office has provided resources for the people to find their long lost or forgotten properties. Such properties include financial assets that have never been claimed by the owners and remained idle for an extended period of time. The law of the state of Indiana requires such kinds of abandoned properties to be turned over to the state and hence, the office of the Indiana Attorney General came to be holding million of dollars in unclaimed property, funds and money.

Indiana Unclaimed Properties

Some examples of unclaimed property in Indiana include forgotten uncashed checks, dormant bank accounts, insurance proceeds, stocks, bonds, dividends, utility refunds, and the contents from safe deposit boxes. There are certain items that are not considered unclaimed property in the state of Indiana, chief among them are abandoned furniture, real estate, vehicles and stolen property. The most common cause of the existence of IN Unclaimed Property is the change in address when relocation occurs. Often people forget to inform their banks and other utility companies about their new addresses. As a result, the people lose track of their funds, assets or other valuable things in course of time.

Unclaimed Property Reporting

It is very essential for you to make unclaimed proeprty reporting in Indiana if you believe that you have some abandoned properties. When the holders of such abandoned property are unable to contact the owners within the specified period, the property comes in possession of the state, where it waits till the rightful owner makes move to claim it.

To find out if you are one among those, search the database provided by the website IndianaUnclaimed.com. All you have to do is to enter your name to see if your name matches with anyone contained in the database. Afterwards, you are required to submit a claim form to initiate the process of claiming.

Indiana Unclaimed Property Division

The Indiana Unclaimed Property Division also conducts Auction for items, such jewelry, stamps, watches etc that are normally found in the safe deposit boxes and keeps the proceeds safe for the rightful owners. For a detailed account of every aspect of Indiana Unclaimed Property, Money and Funds, visit the website IndianaUnclaimed.com.


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