Martha SparksSociety Editor
March 26, 2013
CHARLESTON – State Treasurer John Perdue has announced that the latest unclaimed property newspaper insert has generated twice the interest of the previous one released.
The February insert placed in newspapers across West Virginia generated 3,734 claims, as opposed to 1,836 in April of 2012.
Included in the overall numbers:
- February’s insert has generated 2,371 electronic claims in wake of the inserts, as opposed to 1,129 last year.
- A total of 463 people filled out the insert’s inquiry form, compared to 147 in 2012.
- Some 677 individual property owners, as opposed to businesses or other entities, initiated claims in 2013 compared to 449 in 2012.
“This confirms our belief that outreach works and underscores our commitment to return unclaimed property to the folks who own it,” Perdue said.
The Treasurer’s office distributed an unclaimed property insert in 55 newspapers across the state. It is a partial listing and a sample of assets not previously advertised. Some homeowners who do not subscribe to a newspaper received the inserts directly.
Unclaimed property is any asset which has been lost or misplaced by the original owner. Examples include left-behind safe deposit box contents; a final paycheck not cashed; or stock dividends not cashed.
Perdue’s office traditionally exceeds the national average rate of return for unclaimed property, by the use of traditional and electronic methods. To see if you have unclaimed property, go to www.wvtreasury.com or call 1-800-642-8687.