State governments has required institutions, businesses and governmental entities to report to the state any personal property that has been unclaimed.

Unclaimed funds can be abandoned assets. Some examples:

• bank accounts and safe deposit box contents

• insurance proceeds

• mineral interest or royalty payments

• court deposits, trust funds or escrow accounts

• surplus funds from mortgage or tax sale foreclosures

• funds resulting from bankruptcy cases

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The total amount of unclaimed funds is more than $43 billion, according to the National Association of Unclaimed Property Administrators, and you might be the rightful owner of some of it!