Billions of dollars worth of free checks are sent every year – Community News

It’s likely you owe money – and luckily one TikToker has revealed how to claim it.

This comes through a 52-second video clip revealed by maxwell_finn, who claims to be an entrepreneur, speaker, and mass marketer.

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In the video, he recommends using the website of the National Association of Unclaimed Property Managers (NAUPA), which describes itself as a “trusted authority” that helps individuals claim their lost property.

Under NAUPA, classes of unclaimed assets include returns, supplies, checks or savings, utilities, annuities.

“Whether it’s from Best Buy or from the hospital, there’s a lot of money owed to us,” said TikToker. The site has designed a map that allows you to search your properties by state, which is free to use.

When you click the link, you will be directed to your state’s unclaimed property page.

While this site is free to use, make sure you are aware of scams that will charge you.

And make sure the link you are redirected to is supported by your state.

All you need to do is enter your first and last name, city, and middle initials.

If you have a popular name, many people will likely come up with lost money, so you will have to distinguish your own name.

You do that by looking at the address.

If you see your name on the list, you can continue with your claim, but you’ll likely need to provide your Social Security number and personal information to file.

For example, when TikToker searches for his name, it finds that there are hundreds of people on the list with his name.

One person he found with the check was from Cigna Health Insurance.

According to NAUPA, tens of millions of investigations are conducted each year — with more than $3 billion in unclaimed property being returned from states each year.

Also know that the Federal Government’s Financial Services Administration recommends using NAUPA’s tool, calling it a “great resource.”

In addition, one in ten Americans has unclaimed money or possessions.

Currently, New York has more than $13 billion in money lost and returns $1 million a day to claimants.

Kelly Kuracina, assistant bureau chief for the New York Office of Unclaimed Funds, told Today in 2018 that claims average $50 to $100.

Meanwhile, financial expert John Decker told Today he received $283 from an old savings account.

We explain four ways Americans leave thousands of dollars in incentive payments on the table.

Check out the $300 to $1,400 last minute stimulus checks you can claim before Christmas.

Plus, a money expert reveals things the toll agencies don’t want you to know.

$300 ‘surprise’ stimulus check sent just in time for Christmas