Friday, June 20, 2008

My Found Money, Part Two

Just a little update on my found money. I got some claim paperwork from the state on one of my claims. I have to fill in my social security number and attach some proof of identity. I also noted the type of abandoned property and the amount.

Where the computer obviously read $42.00 and listed it as being under $100 value, the claim form actually states that the property is 42.0000 book entry shares in a major corporation. I checked the stock quote today and the entire sum is well over $2400.

Now, it will take up to 12 weeks to get my claim fully processed and issued to me, but I am hoping the stock will go up and not down during that time.

Again, you don't know what's out there until you look. Check your state's home website for information on locating and claiming abandoned property listed under your name.
It's well worth your while.

Sunday, June 15, 2008

Some Receive Duplicate Stimulus Checks

Still waiting for your stimulus payment? While some are not yet mailed to anxious taxpayers, others have received duplicate checks totaling twice the amount for which they were qualified.

If you receive a second check from the IRS, do not cash it and hope they won't figure it out. The money must be returned. If you receive a second direct deposit, contact your bank or financial institution.

In some cases, taxpayers may receive a second check that is not a duplicate if they had not properly claimed their dependents. The IRS has in some cases issued two checks once discovering that the taxpayer was due a stimulus payment for a child or children.

Haven't received your check yet? Well the IRS is still mailing them out and will be until mid-July. If there was any difficulty processing a direct deposit, you will get a paper check instead and this will delay your payment.

Wednesday, June 4, 2008

Online Debt Relief - NetDebt

If you are like millions of Americans who need debt relief, you may also be confused about where to go for debt help and embarrassed to ask. Nearly everyone knows that there are ways to consolidate debt or get a Debt Settlement, but unless you are familiar with the process, you may not know where to turn to get the solid debt advice you need to successfully negotiate debt settlements and consolidations.

NetDebt.com provides debt help and advice through a process that is conducted completely online. You don't have to attend counseling sessions that may be part of other types of debt help programs. NetDebt can fit neatly into your busy schedule. They have live counselors available for when you need them. Using their Debt Settlement Calculator will show you just how much you could save. Just answer a few questions about your debt situation and NetDebt will show you the savings that using the program could save you on your overall debt burden.

Ignoring the situation and ducking bill collectors won't help you, but getting reliable debt advice and debt counseling could put you back on the road to financial health.

Monday, June 2, 2008

Finding Found Money

There's no pleasanter surprise than "found" money. I got a call today from a relative who was searching a database in my state for abandoned property and came across two items in my name. I searched myself, made a claim and now await to hear of my good fortune.

Abandoned property is any financial asset with no activity for a specific period of time. In my state it's three years. This could include money in savings or checking accounts, unpaid wages, commissions, stocks, uncashed dividends and many other types of unclaimed or "abandoned" financial assets.

This money gets turned over to the state for safekeeping. The state may or may not publish this information in local newspapers, but not if the amount is a small one.

One way to find out if you have any abandoned property in the form of unclaimed money, you can go to a website like www.missingmoney.com or try a search on your state's website. Usually you can make a claim online but may have to provide some additional documentation to receive your payment.

Both of my claims are for under $100 but I don't know exactly how much either is. Hey, it's found money, so it's all good. The point is that I wouldn't even know about it and therefore, wouldn't have even one penny of it if I hadn't checked for it. So, you have nothing to lose, and much to gain for just a few minutes time.