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February 3, 2012

Find Unclaimed Assets in Delaware – Part 1 of 2

(Part 1 of 2)

Considering that the Dept. of Finance's Division of Revenue took in more than $364.9 in Delaware unclaimed money in the year 2006 alone, it is a safe assumption that the state is holding many more hundreds of millions, and likely over a billion dollars in lost assets, that belongs to regular people who simply need to step forward and claim it. There are tens of billions in forgotten funds across the country, but Delaware houses a exceptionally large chunk of it because it is home to such a large number of corporate headquarters.

Aside from issues of not knowing where and how often to search, most Americans don't know that they could be owed Delaware unclaimed funds even if they've never resided in or been to the The Small Wonder. Over the years Delaware has turned in to the go to state for putting down a company's headquarters. When companies have locations and branches in multiple states, unclaimed paychecks won't be handed over to the treasury departments of those states, they will be turned over to Delaware. For this reason, a citizen hoping to locate forgotten funds would find no record of their asset in the state they live in, and would probably never check Delaware's records.

(to be continued)

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