Unclaimed Money Illinois—All the Details in One Place
More than 50 billion unclaimed dollars are scattered across the country, and a hefty amount of it is located in Illinois! You could be one of the lucky individuals who have the right to claim a part of it. It is not difficult to find out if that is the case, especially if you use DoNotPay to help you!
What Is Unclaimed Money in IL?
Unclaimed money goes by the same definition in any state—funds that have been left without any contact from the owner for a certain time (usually one to five years). When this happens in Illinois, the money will go to the state. The state of Illinois doesn’t own the money—the State Treasurer keeps it for safeguarding only.
When the owner or a rightful heir of the assets shows up with the appropriate documentation and proof that the money does indeed belong to them, the state gives it back. Illinois has more than $2 billion of unclaimed dollars in perpetuity. Why not find out if any of it is yours?
Is There Any Time Limit for Claiming Abandoned Assets in IL?
You may take your time claiming what is rightfully yours in Illinois. The state does not put an expiration date on the abandoned assets. Even if you spent years not knowing about them, you could still claim your funds without any issues.
Find Unclaimed Money in Illinois Using DoNotPay
The easiest way of searching for unclaimed funds under your name is with DoNotPay, but that’s not the only feature available on our app. If you do find assets that belong to you, use our Claim My Property option to file a claim!
Only three simple steps are keeping you away from a potential fortune in Illinois:
- Access DoNotPay from a web browser
- Scroll down and pick the Missing Money feature
- Type in your personal info, including your middle name
If you want the search to be even more precise, you can add all your previous addresses. With all those details, DoNotPay won’t have issues finding your unclaimed assets if you have any!
If you're interested in learning how to search for unclaimed assets with a Social Security number, DoNotPay can provide you with answers. We can also tell you how to handle claiming money from a deceased relative or unclaimed money from child support.
How To Find Unclaimed Money in Illinois on Your Own
You can opt to look for unclaimed funds in Illinois by yourself if you are a fan of complicated and time-consuming procedures. If you decide to do so, these are the steps you’ll need to take:
- Go to the Illinois State Treasurer official website
- Enter the following information in the provided fields:
- Last name
- First name
- ZIP code
- Property ID
- Click on the Search button
When you get the results, click on the Claim button next to the match containing your name. You can also check your claim status on the same page by entering your Claim ID.
How Does Money Go Missing in Illinois, and Is There a Way To Prevent It?
The fact that you may have some money you don’t even know about may sound strange, but the situation is not that unusual.
Take a look at the table below to see what the most common ways for money to go missing are and how to prevent it:
|How Does Money Go Missing?||Ways To Prevent It|
It is not difficult for money to go missing, but it is also not that hard to prevent it from happening either. Even with all the precautions, mistakes happen, but you can count on DoNotPay to locate and claim your cash!
Common Types of Unclaimed Property in Illinois
Different types of unclaimed property can be found and claimed. If you’re wondering what is considered unclaimed property in Illinois, you should check out the list below:
- Checking accounts
- Mineral proceeds
- Traveler’s checks
- Uncashed payroll checks
- Life insurance proceeds
- Uncashed stock certificates
- Insurance payments
- Utility deposits
- Customer deposits
- Uncashed death benefit checks
- Accounts payable
- Credit balances
- Savings accounts
- Uncashed stock dividends
- Money orders
- Court deposits
- Refund checks
To find any of these forgotten assets, use DoNotPay as a quick and simple solution!
Fend Off Scammers With DoNotPay’s Help
Are you sick of having a cluttered inbox or getting robocalls? So are the majority of Americans. If you want to get rid of email spam, text message spam, or annoying robocalls, DoNotPay can help you put a stop to them once and for all.
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