Unclaimed Money in Colorado and How To Get It

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Unclaimed Money Colorado—How To Find and Claim Your Missing Property

Have you ever wondered if you have some forgotten money in Colorado just waiting for you to claim it? Have you considered a life insurance policy, forgotten bank account, or uncollected utility deposit? If you have, the good news is that there is a big chance you are entitled to some of the unclaimed funds under the supervision of the Colorado government.

The National Association of Unclaimed Property Administrators (NAUPA) has reported around 58 billion in unclaimed assets across all American states. Colorado has around $1.7 million of unclaimed money and has returned around half a million of it to its rightful owners. Why shouldn’t that be you?

Finding lost money is relatively easy, thanks to free access to state or federal databases, where you can conduct a search. We are here to provide you with a detailed guide of what qualifies as unclaimed property and the fastest way to get it.

What Happens to Unclaimed Money in Colorado?

To understand how your money can end up in the government’s custody without you even knowing about it, it is important to define what the term unclaimed money means in Colorado.

Any intangible property without an owner turned over to the Colorado Treasury Department is deemed unclaimed or abandoned. The Treasury Department takes the money only for safekeeping. It can and will return it to its rightful owner when that person or business decides to claim it.

The period before the property falls in the government custody—the dormancy period—lasts from three to five years for most intangible property in Colorado. After that period, it is up to you to search for your missing finds. The process requires following a specific procedure and preparing the necessary documentation to prove ownership. When you complete these steps, the State Treasurer will return your money.

There is no statute of limitation for claiming your forgotten property. DoNotPay provides information on how to get your money without too much effort whenever you decide to do it.

What Constitutes Unclaimed Money in the State of Colorado?

When you think about intangible property, the usual comes to mind—insurance policies, inheritance, or bank accounts. There is much more to consider that can bring you a sweet amount of cash.

If you are unsure about whether you are entitled to some unclaimed money, check out the list of funds that can qualify:

  • Insurance checks
  • Overpayments
  • Uncashed checks
  • Stocks, bonds, and dividends
  • Safe-deposit box contents
  • Payroll checks
  • Money orders
  • Utility refunds
  • Deposits
  • Checking accounts
  • Savings accounts

Why Do People Fail To Claim Lost Money in Colorado?

There are various reasons why money becomes and stays unclaimed for years in Colorado. The most common is that people are often unaware that they have any unclaimed property under their name. If they move and don't update their current address, they can be nearly impossible to locate.

Deceased relatives often fail to leave a will or name the beneficiaries of their life insurance. It can complicate the process of distributing the money. As a result, money often ends up in the custody of the state, leaving you completely ignorant of the fact that it exists and that you are entitled to it.

Sometimes, when the amount of money is small, people tend to forget about it or even feel embarrassed to claim it. After a certain period passes, they might think they no longer have the right to it or that the process of claiming it will be too complicated and expensive.

How To Conduct Colorado Unclaimed Money Search on Your Own?

Many people are becoming more interested in finding their lost property, and the state of Colorado tries to simplify the search.

You can get your missing money back by:

  1. Contacting the Colorado Unclaimed Property Division
  2. Visiting the Colorado Unclaimed Property Website

Here is an overview of both processes:

Contacting the Colorado Unclaimed Property DivisionVisiting the Colorado Unclaimed Property website
  1. Contact their office
  2. Identify yourself and the basis of the claim
  3. Provide your Social Security number, or a business federal tax identification number
  4. Provide additional information, such as your residences for the past 5 years
  5. Fill out the claim that the Division sends you
  6. File the claim and send it along with the proof of ownership and required documentation
  1. Go to their website
  2. Fill in the required information at the bottom of the page
  3. Click Search
  4. Click the Claim button next to the property
  5. Click View Claimed Properties
  6. Select the claimant relationship
  7. Click File Claim in the top left corner
  8. Type in the required information and click Next
  9. Wait for further instructions. Make sure to prepare the necessary documentation

If you or your family members have lived in a state other than Colorado, it is advisable to conduct a search there as well. You can use the NAUPA’ s official website and follow these steps:

  1. Visit the website
  2. Go to the Find and Claim tab in the drop-down menu
  3. Click on View the Full Map
  4. Select the state

The search will lead you to that State Treasurer’s Unclaimed Property Page. Follow the rest of the instructions to file a claim.

Time To Arma-Chillo—How Can DoNotPay Help You Find Unclaimed Money in Colorado

If these options sound a little overwhelming, do not fear. DoNotPayoffers the simplest way of claiming your lost funds. Unlike other options that require multiple steps, a lot of documentation, and searching in particular states, DoNotPay offers to search through all state and federal databases! You will be able to find and claim your property in a few clicks.

Here is how to do it:

  1. Access DoNotPay from your
  2. Access the Missing Money feature
  3. Type in your full name and previous addresses

DoNotPay does the rest! We will sift through numerous databases and cover all the places you lived in during the search for your missing funds.

If there is a match, you can use the Claim My Property feature. DoNotPay will facilitate this process as well—if it proves you are entitled to some unclaimed property, we will file the claim in your name!

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