Find Your Unclaimed Money in Vermont With the Help of DoNotPay
Imagine getting money out of the blue by inheriting an estate from a deceased relative or getting some unclaimed insurance funds. Does it sound like a dream? Well, this is no dream! There is a possibility that you have unclaimed money waiting for you within a hand’s reach.
In Vermont, the Unclaimed Property Division of the State Treasurer Office has a database with more than 760,000 unclaimed assets valued above $99 million. In 2020, the Division processed around 17,600 claims and returned around $4.7 million to their rightful owners.
If you believe you have some unclaimed money, DoNotPay can discover it for you in a flash.
What Are Unclaimed Funds?
Unclaimed property is any financial asset that ends up in the State Treasury because its rightful owner never claimed it. Whenever a property goes unclaimed for a certain time, the government deems it abandoned and claims it until the owner is located or the rightful heir contacts the Treasury.
The dormancy period is the time before the government takes custody of the property, and the money is still in a bank, insurance company, or with a former employer. In most states, the dormancy period lasts for five years.
What Constitutes Unclaimed Money in VT?
The Vermont State Treasurer Office holds a variety of unclaimed assets. In general, unclaimed properties include:
- Uncashed payroll checks
- Unclaimed certificates of deposit
- Uncashed traveler’s checks
- Unrefunded customer overpayments
- Lost or dormant bank accounts
- Unclaimed inheritance
- Unrefunded security deposits
- Unclaimed stocks
- Mutual funds
- Forgotten contents of safe deposit boxes
How Can Money Go Missing?
Even though people tend to pay a lot of attention to their money, it gets lost quite often. Fortunately, the assets aren’t lost forever, and you can claim them once you realize you have that option.
Here’s how, in most cases, money goes missing:
- An account holder passes away, and you have the right to claim their assets but are unaware of that
- You move but forget to register a forwarding address (this can especially be a problem for getting security deposits back)
- You forget about a bank account, and the government deems it abandoned after several years (five years in most states)
Reasons Why People Don’t Claim Their Missing Funds
The obvious question is, how could someone not claim the money that’s rightfully theirs. Some of the common reasons are:
- People aren’t aware that this money exists
- They don’t know how to locate the funds
- People don’t know how to claim their missing money
- They don’t want to bother with the complicated process for nickels and dimes
DoNotPay streamlines the procedure of finding your unclaimed money and allows you to skip the whole fuss about claiming it.
Get Your Lost Money in VT the DoNotPay Way
DoNotPay has a feature called Missing Money that will help you find and regain your unclaimed funds. Our app searches through various state and federal databases quickly and makes the administrative process easier.
You might not have millions in unclaimed money, but the amount is usually more than $100. Why not get the money that’s rightfully yours?
You can let DoNotPay find your unclaimed funds by accessing our app from your and following a few simple steps:
- Sign in to your account
- Open the Missing Money product
- Enter your full name and all previous addresses
DoNotPay will search all your former locations across the U.S. and find any unclaimed assets under your name. If we find a match, you can use our Claim My Property feature to get your money. We will file a claim on your behalf and save you a lot of time and effort.
How To Claim Lost Money in Vermont by Yourself
Since the Vermont Treasury doesn’t locate and contact property owners, you will have to search for your unclaimed property by yourself. Luckily, it's easier to do it than in most states. Vermont has an official database of missing money, which is simple to use. You won’t have to search for your unclaimed money by Social Security number.
You can access the database by visiting the Office of the State Treasurer website. Follow these steps to search for your unclaimed money:
- Click on Search Unclaimed Property
- Select City, Person, or Business depending on the type of search
- Fill out the empty fields
- Select the properties you want to claim to put them in your cart
- Click on the cart icon
- Create a claim by choosing the type of connection you have to the property
- Log in to your account and click on Continue Search
- Click on the box to accept the terms of Indemnification
- Tap on Create Claim
Keep in mind that by accepting the statement under the indemnification, you accept the penalty of perjury for making a false claim.
Contact the Office of the State Treasurer To Claim Your Unclaimed Money in Vermont
There are various ways to contact Vermont’s Office of the State Treasurer:
- Over the phone
- By writing an email
- Visiting in person
- Mailing a letter
Check out the table below for contact details:
Method of Contacting the Office of the State Treasurer in Vermont | Yes/No | How to contact |
Via Phone | Yes |
You can call them at Main phone: 802-828-2301 Toll-free phone: 800-642-3191 |
Via Email | Yes |
You can write to them at unclaimed.property@vermont.gov |
In Person | Yes |
They are located on the fourth floor at 109 State Street, in Montpelier The office is open: 7:45 a.m.–4:30 p.m. Monday through Friday |
By Mailing a Letter | Yes |
The address is 109 State Street Montpelier, Vermont 05609 |
Get DoNotPay To Solve Other Mundane Issues for You
Our app will find your missing money in other states, including Iowa, Utah, Texas, Michigan, Nebraska, Road Island, and more. This isn’t all we can do, though. DoNotPay helps with a variety of other everyday chores that make your life harder. We fight for your customer rights and save your time and money.
DoNotPay is called the world’s first AI Consumer Champion app, and we can assist you in suing any individual or company in small claims court. The compensation can be as high as $5,000 in Vermont.
The American Bar Association honored us with the Louis M. Brown Award for Access for our efforts in customer advocacy.
Open DoNotPay in your and get help with the following:
- Reporting stalking and harassment
- Getting justice in small claims court
- Starting free trials without the risk of auto-renewal
- Contacting your loved ones in prison
- Joining clinical trials
- Dealing with your credit card issues
- Dropping your subscriptions or memberships
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- Getting in touch with customer service agents without waiting
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- Finding any unclaimed funds under your name
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