Recently I heard a story on a local television station about unclaimed monies that the state of Texas holds on your behalf. I didn't think there was any chance that I would be on that list but merely out of curiosity I decided to go check it. Lo and behold, I had cash! There was $253 from Homecomings Mortgage (now GMAC) for a refund check that was sent to a bad address after I sold a home. But it was the other chunk of change that I was really hoping to find (insert sarcasm here)...I had a whopping .02 cents from my alma mater Texas A&M for some overpaid fees back in the late 80's. Businesses that have an outstanding credit for a customer must escheat those funds (revert to the state) after a certain period of time. The state holds those monies until you claim them.
After winning what felt like the lottery I determined that it was just a fluke and I decided to type in the names of several of my relatives. Guess what, they had cash too. It must be fairly common so check it out and find out if you have a similar new found fortune.
Do I have unclaimed cash?
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