Illinois unclaimed property or money could be in the form of funds from a dormant checking and savings accounts, un-cashed money orders, cashiers checks, mineral royalty payments, safe deposit box contents, unused gift certificates, unclaimed insurance benefits, lost cash dividends, stock, found utility deposits, unclaimed security deposits, and court deposits.
If you know anyone who has ever moved or died, the state of Illinois is probably holding unclaimed funds in their name. This could be due to a host of reasons like marriage break up, misspelled names, businesses going bankrupt, banks getting dissolved, unexpected migration or relocation of jobs, address changes without prior notification, death, post office errors etc. Each year billions of dollars in dormant or lost accounts go without ever being found when governments, companies and banks lose track of the true owner of the money. Also bear in mind that there may be assets in your maiden name. Please try using various combinations of your name in order to search for unclaimed money. Fees for discovering property that has been in the state's custody more than 24 months shall be limited to not more than 10% of the value of the property.
Under the Illinois Unclaimed Property Act, no person or company shall be entitled to a fee for discovering abandoned property until it has been in the custody of the state for at least 24 months. Yes, I want to receive information via email about found money & related offers in an email newsletter.
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