What Is Unclaimed Property?

Unclaimed property in Virginia consists of financial assets such as uncashed checks, dormant bank accounts, insurance payouts, and safe deposit box contents. These funds are turned over to the state when businesses cannot locate the rightful owners. Currently, Virginia holds over $1.5 billion in unclaimed property, waiting for individuals like you to reclaim it.

How Does Property Become Unclaimed?

Assets become unclaimed for reasons such as:

• Relocation: Failing to update your address after moving.
• Dormant Accounts: Forgotten checking, savings, or investment accounts.
• Unclaimed Wages: Payroll checks that were never deposited.
• Lost Benefits: Insurance payouts or refunds that weren’t received by beneficiaries.

This issue affects not only Virginia but also neighboring states, so if you’ve lived in North Carolina or Maryland, you might have unclaimed property there as well.

Types of Unclaimed Property in Virginia

Here are some common examples of unclaimed property in Virginia:

1. Bank Accounts: Dormant checking and savings accounts.
2. Uncashed Checks: Payroll, rebate, or vendor checks.
3. Insurance Payouts: Life insurance benefits and refunds.
4. Utility Refunds: Overpayments or deposits from utility companies.
5. Safe Deposit Boxes: Items such as jewelry, coins, and family documents.

How to Search for Unclaimed Property in Virginia

Virginia provides an easy-to-use platform for finding and claiming unclaimed funds. Follow these steps:

1. Visit Virginia’s Unclaimed Property Database: Use Forgotten Loot to access the state’s official search tool.
2. Search Your Name: Enter your name, past addresses, or business name.
3. Review the Listings: Check for matches and details about the property.
4. File Your Claim: Provide proof of identity and ownership to claim your funds.

Why Search for Unclaimed Property in Virginia?

With over $1.5 billion in unclaimed funds, Virginia has one of the largest pools of unclaimed property in the country. Don’t miss out on money that is rightfully yours. Start your search today.

Fun Facts About Virginia

• Known as the “Mother of Presidents”, Virginia is the birthplace of eight U.S. presidents.
• It’s home to Shenandoah National Park, featuring the scenic Blue Ridge Mountains.
• Virginia played a pivotal role in American history, hosting the first permanent English settlement at Jamestown.
• The state is famous for its Virginia ham, a delicacy enjoyed across the country.

Explore similar programs in nearby states like Illinois and Maine.

Link back to: Visit Virginia’s Tourism Page

Tips for Finding Success

1. Search All Name Variations: Include maiden names, middle initials, and nicknames.
2. Look for Relatives’ Funds: Check for unclaimed property belonging to deceased family members.
3. Expand Your Search: Consider other states where you’ve lived or worked.
4. Check Regularly: New assets are added to Virginia’s database frequently.

Get Started with Forgotten Loot

Virginia’s unclaimed property program is holding over $1.5 billion in assets. Download Forgotten Loot Free Guide today for step-by-step instructions to search in Virginia and across all 50 states.

Don’t let your money go unclaimed—start your search now!