Attorney General returns record amount of unclaimed property in 2013

11 Dec

Indiana Attorney General Greg Zoeller announced today that the Unclaimed Property Division has recently broken its record for the most claims paid in a single calendar year. With more than $58 million in claims paid, the division has beaten its goal of breaking the 2006 record which stood at $53.9 million.
“It’s great to break this record, especially knowing it benefits our fellow Hoosier citizens,” Zoeller said. “This is a result of greater use of social media to get the word out about where to find their money but mostly it’s from the hard work of the men and women who serve in our Unclaimed Property division.”
In total, the state’s unclaimed property database holds more than $380 million in assets. In 2012, the Attorney General’s Office returned 85,150 properties totaling $44.8 million in unclaimed property. To date this year, 93,615 properties valued at $58,480,934.88 have been returned.
Several of the factors that have contributed to this record include increased reporting compliance, improved search tools on IndianaUnclaimed.gov, a new mobile app, increased online marketing, the addition of a proactive investigator, and the hard work of an experienced claim staff.
Zoeller, along with Buck the Money Dog, visited the unclaimed property office today to celebrate the milestone and encourage everyone to visit www.IndianaUnclaimed.gov to search for their name, their relatives, neighbors and friends’ names. “The holidays are a great time to look for unclaimed funds for your family, friends and neighbors, helping others is in keeping with the spirit of the season,” Attorney General Zoeller said. The Indiana Unclaimed Property database is also mobile. Anyone can search for free through the mobile application — just use keyword Indiana Unclaimed to download. The app makes it easy to look for unclaimed property. Business owners and charitable organizations should also check annually for unclaimed property.
The Unclaimed Property database can be searched 24-hours a day, 7 days a week at the toll-free number is 1-866-IN-CLAIM (1-866-462-5246). This is a free service of the Indiana Attorney General’s Office.

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