Personal Finance

$4.5 Billion In Unclaimed PA Property: How To Check If You're Owed Cash

Whatever happened to that rebate you forgot to claim years ago? The state might be hanging on to it - here's how to check unclaimed property

PENNSYLVANIA — The state is sitting on $4.5 billion worth of unclaimed property – including utility rebates, inactive stock and brokerage accounts, and unclaimed checks – and is letting residents and businesses know how to claim their cash.

The Pennsylvania Bureau of Unclaimed Property estimates that 1 in 10 Keystone State residents could have unclaimed property, which can include dormant bank accounts, abandoned stocks, uncashed checks, and more.

“Treasury receives hundreds of millions of dollars in unclaimed property every year, often because of something as simple as a misspelled name or an out-of-date address," said State Treasurer Stacy Garrity.

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Property is always available for the rightful owner to claim, Treasury officials said. Tangible property may be auctioned after three years, but proceeds remain available to claim in perpetuity.

Pennsylvanians can visit patreasury.gov/unclaimed-property to search for and begin a claim for any unclaimed property that may be theirs.

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Then, they can upload their claim online, or send it by mail (P.O. Box 1837, Harrisburg PA, 17105-1837). The Department of the Treasury encourages anyone with questions about their claim to contact them via email at tupmail@patreasury.gov or by phone at 800-222-2046.

Pennsylvania is also part of MissingMoney.com, a national site that makes it easy to search for unclaimed property and cash. The site also allows you to search for unclaimed assets in other states.

Simply use the search form to look for unclaimed property, file a claim, and go through the verification process to receive your unclaimed assets. Anyone can visit the site, endorsed by the National Association of Unclaimed Property Administrators.

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Editor's note: This article has been edited to reflect an updated amount of unclaimed property provided to Patch by the Pennsylvania Department of the Treasury.

This article contains reporting from Patch's Eric Heyl.

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