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State Treasury has $14.4 million in new unclaimed property

May 15, 2020

The Maine State Treasury has announced $14.4 million in new unclaimed property and Sen. Dave Miramant, D-Camden, urges Mainers to check whether any of that cash belongs to them.

“I urge everyone to go check to see if they have unclaimed property,” said Sen. Miramant. “Finding some extra money that you didn’t know you had could make a big difference right now.”

Unclaimed Property is money owed to Maine people by third parties, such as former employers, banks or utility companies. Organizations are required to give unclaimed property to the State Treasurer after a specified period of time, after which the owner of the unclaimed property can retrieve it from the state.Unclaimed property could be from a forgotten bank account, an overpaid bill or uncollected wages. The money could be unclaimed as a result of a change in name, addresses or bank account.

People can search the Treasurer’s Unclaimed Property list by going to maineunclaimedproperty.gov/. Those who find their name, or the name of a current or past business on the list, can claim the property immediately online — for free. Anyone with questions can call the Treasurer’s office toll free in Maine at 888-283-2808 or locally at 624-7470.

The Office of the Treasurer receives new properties throughout the year. The state Treasury is currently holding more than $258 million of Mainers’ unclaimed property.

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