ByLooking for Unclaimed Money in CT? Learn How To Find It in No Time
After a certain time, any amount of money without a rightful owner will be turned over to the government. This unclaimed money may belong to you—you only need to check and see.
A person got to claim $32.8 million from forgotten stock shares, and this happened in Connecticut of all places! Such cases are rare, but you should try your luck nevertheless and earn some cash the easy way.
What Is Considered Unclaimed Money in Connecticut?
Unclaimed money refers to funds that went dormant for any reason and are considered abandoned. If anyone who is not the rightful owner holds the money, it will be considered unclaimed.
If the previous owner of the property hasn’t had any contact with it for three to five years, the government will hold it until anyone who has the right claims it.
Banks and companies should find the rightful owner first, and only if they don’t get any response may the money be transferred to the State Treasurer.
Over $800 million are considered unclaimed in Connecticut. Chances are some of it belongs to you, and you don’t even know it. How is it possible not to know you own some money? There are numerous ways for money to become owner-less.
Lost Money in CT—How Does Money Go Missing?
What are the most common reasons for money to become unclaimed? No one wants their asset to get lost or become unclaimed on purpose. Here’s what usually happens:
- Someone doesn’t know about a health insurance check, and they never claim it
- A person never gets a utility deposit back
- Sometimes an individual may not know there’s a bank account in their name due to misinformation
- It’s also not rare for people to leave their job and not claim their final paycheck
Where Is Unclaimed Money in CT Sent To?
It is the duty of banks and companies to reach out to the owner by sending a letter to their last known address. If the owner doesn’t reply, the State Treasurer will safeguard the funds until the person who has the rights comes and claims it.
This process complies with the Connecticut General Statutes section 3-65a.
Unclaimed Property is sent to the State Treasurer to:
- Keep the funds safe
- Make it easier for the owner to find the property
- Make sure the company or institution that initially held your money doesn’t abuse the funds
You should bear in mind that the state of Connecticut doesn’t own the unclaimed property. It is only in their custody until the person who has the rights comes forward to claim it.
What Does Unclaimed Money in Connecticut Include?
If you are wondering how millions of dollars can be unclaimed, you should know where that money usually comes from. Take a look at the table below to find out what are the most common sources of unclaimed money in Connecticut:
| Money Form | Is It Considered Unclaimed in CT? |
| Life insurance money | Yes |
| Bonds and stocks that are not actively used | Yes |
| Forgotten utility deposits | Yes |
| Checks that were never cashed from payrolls and refunds | Yes |
| Savings and checking accounts that are not used | Yes |
Is There a Time Limit for Claiming Money in Connecticut?
There is no time limit for claiming your assets in Connecticut. The State Treasures will keep your money in perpetuity until you come to get it.
Another great thing about claiming what is rightfully yours in Connecticut is that there is no fee for retrieving your assets. You only need to prove the assets truly belong to you to be able to go and get unclaimed money from deceased relatives, for example.
How To Find Unclaimed Money in Connecticut on Your Own
You can’t look for unclaimed money using a centralized system because it doesn’t exist.
In Connecticut, you can look for unclaimed money via the Treasurer's website. It does not offer a search by social security number, but you can perform it in two ways:
- By name
- By property ID
This is what you’ll need to do:
- Provide at least a last name. It would be good to enter several letters of the first name for better search results
- Enter the property ID if you are performing the search this way
- Press the Search Properties button
- When the results appear, click the Claim Properties button next to the name you are interested in
- Create the claim form by entering all the relevant info
- Select Submit Claim
- Print and fill out the claim form
- Mail the form to the State of Connecticut, Office of the State Treasurer, P.O. Box 5065, Hartford, CT 06102
You should also add all required documentation and mail it with the claim form. Your name will disappear from the website when you download the claim to ensure no one else tries to make the same claim for that property. There is a one-year limit within which you need to submit the claim.
You can also claim your money by calling 1-800-833-7318 from Monday to Friday between 8 a.m. and 5 p.m.
How To Find Unclaimed Money in Connecticut With DoNotPay
DoNotPay can help you claim what belongs to you without trouble. Our app offers a superior way of finding unclaimed property because our database covers both federal and state resources.
The procedure of finding your money is simple. You will need to:
- Open the DoNotPay in your
- Find and select the Missing Money feature
- Enter your personal info and include your middle name and your previous addresses
DoNotPay will dig through numerous databases and look for possible forgotten assets. If we find a match, we will let you know so you can claim your funds with the Claim My Property feature. Don’t worry—we will file a claim in your stead, and you won’t have to deal with that on your own.
DoNotPay Can Help You With Numerous Issues
DoNotPay provides you with tips and tricks for dealing with Connecticut-based companies such as Priceline. We can also help you dispute parking tickets if you live in New Haven, CT. In case you’re wondering whether Connecticut is one of the states in which sending unsolicited emails is illegal, we have the answer.
Perhaps you paid for a service and were unsatisfied with what you got. You should ask for a refund, and DoNotPay can make sure you get your money back from any company, like Xbox, Hulu, PayPal, or Uber Eats, for example.
Access DoNotPay in any , and let us help you with:
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- Freeing yourself from spam mail forever
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- Applying for clinical trials
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- Signing up for services without phone verification
- Finding any unclaimed funds under your name
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