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Tennessee Unclaimed Property

Tennessee Unclaimed Property Division may hold money that rightfully belongs to you. It is an agency in the state of Tennessee , which has been created to handle properties that remained unclaimed over a period of time. The holders of unclaimed property, after having failed to locate the owners within a certain period, are required to turn it over to the state of TN. It is the Tennessee Unclaimed Property Division that collects abandoned properties, funds and other assets from a number of financial companies and other entities.

There could be many possible reasons behind the existence of unclaimed property in the state of Tennessee. Sometimes, it may happen that you change the address of your home and forget to inform your bank, insurance company, broker, etc about it. At other times, you may have a distant relative who dies and leaves behind a good fortune, but you are not aware of its existence. It may also happen that you forget to collect your last paycheck when you leave a job. Sometimes a credit card bill is overpaid but the credit available is not used for a long time. Other reasons for the existence of Tennessee Unclaimed Funds may be inactive bank accounts, changes in names due to marriage or divorce, forgotten stocks, and the likes.

Once an unclaimed property, money or fund come under the possession of the state of Tennessee, attempts are made to locate the owners and reunite abandoned property with them.

Tennessee Unclaimed Property Search

A database has been developed for this purpose, which enables people to conduct a search online. Moreover, the Tennessee Unclaimed Property List is updated regularly by the Treasury Department of the state. The website of the department contains tools to conduct TN Unclaimed Property Search online as well as instructions to carry out a successful search.

Furthermore, the website also offers you assistance in filing a claim once you find your name included in the Tennessee Unclaimed Property List. A claim form is required to be sent along with sufficient identification proof to make a claim for the abandoned property in the State of Tennessee.

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