The Unclaimed Property Division’s responsibility is to assume custody of unclaimed property, not including real estate, and to return that property to its legal owners or their heirs. In the State of Delaware, money that belongs to you might be sitting in unclaimed property office, just waiting for you to claim it. The state’s unclaimed property division has programs to return these funds to the rightful owners. Delaware Department of Finance, Division of unclaimed property is responsible for holding the unclaimed property in the state. The state is holding approximately $360 million in unclaimed assets. This unclaimed property belongs to approximately 75,000 individuals and organizations.
In 2006, The Department of Finance’s Division of Revenue had the custody of more than $364.9 in Delaware unclaimed property division. This is a safe statement that the particular state has many more hundreds of millions, if not over a billion dollars in lost money, which belong the regular citizens who just need to step forward and claim it.
With the exception of issues of not knowing where and how often to search, the majority people don’t understand that they might be owed DE unclaimed property. Over the years, the state of Delaware has turned out to be the state for planting a company’s headquarters. As companies have sites and branches in other states, unclaimed paychecks won’t be handed over to the treasury departments of those states, they would be given back to the particular state. This is why; a citizen searching to track down missing money would uncover no record of their fund in their home state, and would likely never check Delaware’s records.
How to Claim Unclaimed Property
You can perform an online search for locating unclaimed property that already has been sent to the state for custody. In addition, the property that is about to be sent to the state by a business as required by law can also be searched. You can perform a search for unclaimed property online through Delaware Unclaimed Property Division.
After finding your name in database, you are required to send the following information via electronic mail at email@example.com in order to claim the unclaimed property:
- Your name as present on the database.
- Your relationship to the person if he or she is the owner and not you.
- Your current address.
- Your phone number that can be contacted between the hours of 8:AM & 4:30PM
How to Get a Claim Form
Once you have run search on your last name or as any family names of deceased relatives to which you may be an heir and you have found your name in the list for unclaimed property, you are required to click the ID provided against your unclaimed property. This will lead you to print the Claim form for unclaimed property. Click on the property ID number and it would lead you to the “Property Details Screen”.
After completing the Claim Affirmation Form according to the instructions and attaching photocopy of your driver license, sign it, and send it in to the concerning office at either of the following address;
If you reside in the state of Delaware:
DELAWARE STATE ESCHEATOR
P. O. BOX 8931
WILMINGTON, DE 19899
If you reside in a state other than Delaware or overseas:
DELAWARE STATE ESCHEATOR
P.O. BOX 962049
BOSTON, MA 02196-2049
You would receive a response to your enquiry within twelve weeks. Additional information about claiming unclaimed property can be obtained by calling Delaware Unclaimed Property Division at (302)-577- 8782 (Delaware resident) or 1-800-828-0632 (residents out of the State).