How Long Does It Take To Get Unclaimed Money?

Find Unclaimed Money How Long Does It Take To Get Unclaimed Money?

How Long Does It Take To Get Unclaimed Money?

If you are interested in finding out whether you have the right to claim abandoned funds under your name, you probably want to know how long the entire process is going to take. We’ll let you know what to expect from this procedure and how to first check whether you have the right to claim part of the billions of abandoned dollars in America. The easiest way to do so is with DoNotPay!

How Long Does It Take To Get Unclaimed Money Back?

The answer to this question is not straightforward because the rules and regulations regarding unclaimed money differ in states across the country. Sometimes, getting the money back can take two weeks, but it may also be several months until you get it. 

You will have to check the specifics with the relevant institutions that are safekeeping your abandoned assets. The important part is that there is no time limit to claiming your money because the state will keep it safe for as long as it takes for the rightful owner (you) to show up.


Waiting to get your unclaimed money back is the final stage of the process. DoNotPay is here to help you with the first step!

DoNotPay Is at Your Service for Locating Abandoned Funds

You can’t get your forgotten funds back until you determine whether you have anything to claim. The good news is that DoNotPay performs this search in under five minutes! To check whether the state is safekeeping your abandoned assets, follow these steps:

  1. Open DoNotPay in any web browser
  2. Find and select the Missing Money feature
  3. Type in the requested information about yourself

If a match shows up, you can use our Claim My Property feature, and DoNotPay will submit the claim on your behalf. Our app contains everything you need to claim your money in one place.

For a more efficient search, you can add other personal info, such as your middle name.

How Long Does It Take To Receive Unclaimed Money Across the Country?

Since claiming forgotten property varies depending on the state, the exact number of days you’ll need to wait for the money to become yours will depend on the state as well. The institutions may ask you to provide additional info, such as your Social Security number, which may prolong the process.

Check out the time needed to receive unclaimed money in various states in the table below:

State How Long Does It Take To Get Unclaimed Money?
California 30 to 60 days
Texas 90 to 120 days
New York 14 to 42 days
Florida 90 days
Illinois 60 to 90 days
Pennsylvania 60 days
Michigan 60 days
Georgia 60 days
Indiana 90 days

Does It Cost Money To Get Unclaimed Property?

Claiming abandoned assets does not cost you anything, regardless of the state. You only have to deal with these tasks:

  1. Finding out whether you have any unclaimed money
  2. Collecting the required documentation to prove it is yours
  3. Filing a claim according to the rules established by the state
  4. Waiting to receive the money that is rightfully yours

Knowing that you won’t have to pay for claiming your assets is another reason to find out whether you have any. Worrying about extra costs is one of the main reasons people avoid embarking on this journey.

Common Reasons People Don’t Claim Their Abandoned Property

Two other reasons are stopping people from claiming their money:

  • Not being aware they are potential owners of large sums of money
  • Thinking that it is a complex process that takes ages

Finding and claiming your assets may seem complicated when, in reality, you are a few clicks from getting what you want. Once you find out you have unclaimed funds, you can file a claim equally as quickly (Remember DoNotPay’s Claim My Property Feature?) The rest depends on the state, but with our app, you can complete the steps without trouble.

What Types of Abandoned Assets Exist?

If you don’t know what exactly falls into the unclaimed money category, you should check the list below and see all the types of abandoned assets:

  • Checking accounts
  • Stocks
  • Annuities
  • Uncashed dividends or payroll checks
  • Refunds
  • Bonds
  • Savings accounts
  • Traveler’s checks
  • Certificates of deposit
  • Utility security deposits
  • Mineral royalty payments
  • Insurance payments or refunds
  • Life insurance policies
  • Trust distributions
  • Contents of safe deposit boxes

How Does Money Become Unclaimed?

Money can become unclaimed in numerous ways. Perhaps a person leaves their job without claiming their last paycheck or moves to another address without notifying anyone about it. Sometimes, people don’t know there’s a bank account in their name. Some individuals don’t have heirs to give their property to.

Money can even become abandoned due to various bank mistakes and refunds not being processed the right way.

Don’t Let Companies Take Your Hard-Earned Money!

People love to subscribe to all sorts of services—especially if there are free trials involved. The problem is that most of them forget that they signed up for anything in the first place. Companies are aware of this, which is why they auto-renew memberships as soon as the free trials expire.

Don’t let them get away with it—use DoNotPay to sign up for free trials and cancel subscriptions right before they renew. If you want to save even more money, use our platform to learn how to handle high bills, parking tickets, college application fees, canceled or delayed flights, or faulty services you should get refunded for.

Use DoNotPay To Stop Illegal Activities and Earn off Scammers!

Our AI-powered platform can assist you in dealing with all sorts of scammers. If you got any of the following, the world’s first robot lawyer will help you seek justice:

Do you want to protect yourself and your loved ones from stalking and harassment as well? Use DoNotPay to learn how! If the situation with a stalker escalates, our app is going to help you take them to small claims court by preparing all the paperwork and your court statement.

Don’t stop there—check out how you can bypass phone number verification, claim any type of warranty, or pass any government test with flying colors!