State Treasurer’s office gives Lauderdale Co. residents the opportunity to reclaim money from unclaimed property

The State Treasury of Mississippi’s office was in Meridian hosting an unclaimed property event Tuesday.(WTOK) MERIDIAN, Miss. (WTOK) – The State Treasury of Mississippi’s office was in Meridian hosting an unclaimed property event Tuesday to give residents the opportunity to reclaim money turned over to the state. Lauderdale County partnered with the State Treasurer’s Office to help return unclaimed property to its rightful owners. Unclaimed property is any financial asset that has been abandoned or unclaimed by the rightful owner. After five years, the property is handed over to the State Treasurer’s Office. “A lot of people don’t realize that when you have an abandoned bank account, or their financial institution can’t find you, or let’s say you have a utility deposit you never cashed or a tax check you never cashed. Well, it ends up back in the state. Every state has an unclaimed property department. In our case, we only deal with cash. So what we do is we have a staff of about eight people and that’s all we do is we try to return as much money as possible that has been reported to us by financial institutions as unclaimed,” said Director of Unclaimed Property […]

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