February 7, 2021
By: Dwayne Page
You may have unclaimed money owed to you but don’t it.
1 in 10 Americans has unclaimed property waiting to be claimed!
Generally speaking, in Tennessee unclaimed property is intangible (examples: un-cashed paychecks, savings accounts)or tangible property (ex. safe deposit box contents), in which there has been no activity generated or contact with the owner for a one-year or longer period—at which point, it becomes unclaimed or “abandoned”.
Each year, the Tennessee Treasury Department collects millions of dollars in unclaimed property and focuses on returning those properties to its owners through outreach efforts and its website.
Currently there’s over $976 million in Tennessee’s unclaimed property fund.
In fiscal year 2019, the Department returned a record-breaking 62,549 claims
Searching for your unclaimed property is a free service of the Tennessee Department of Treasury. If there’s a match, you can file a claim for your unclaimed property (with no fees) in three easy steps on its website