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Michigan residents urged to check unclaimed property database


Today is National Unclaimed Property day. Last year over 133 million dollars of lost property was returned. The Michigan Department of Treasury says it hopes to see similar numbers this year.


Terry Stanton is the manager of unclaimed property at the Michigan department of treasury. He said there is all kinds of property left behind.

“It can be insurance policies, could be bank accounts, could be credit balances, we also get contents of safe deposit boxes, you know myriad items could be in there you can only imagine, but all of that when it’s your money when you haven’t received or cashed that is technically your property and should be returned to you,” said Stanton.

He said finding out if you have anything owed to you can be quite simple. He said the state's website, offers a simple form to see what might be unclaimed, from there claiming it involves contacting the state and verifying identity.

Stanton said it is also possible to make claims for decedents, which make up a large portion of claims. He said making these claims is "a little bit more complicated."

"These claims have to be filed on behalf of the rightful heir," Stanton explained, he said there is a lot of verification required.

He said the best way to get information on claiming property is to visit their website, or call them at (517)-636-5320.