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Retrieving Lost Money

December 3, 2007

Every so often, you may find that you have overpaid a bill or have not recovered a refundable deposit. Naturally, you call the company in question to request a refund.

During the call, you are reassured that all will be taken care of and a check will be issued shortly. Weeks turn into months and you are still waiting for your refund.

Again, you call the company to inquire about your money. The answer you receive will depend on how high up the chain of command you climb.

In instances in which you have climbed the chain of command as high as you can go without the desired outcome, you should be aware that you still have options available that will help you retrieve the money due to you.

Begin by sitting at your computer, if you do not have one then go to your local library. The first thing you will want to do is find your state’s website. Once there look for links that pertain to lost or unclaimed money, or the State Treasurer. Again, look at the various links and subheading and click on those that are relevant. The best part of this is it is free; all you invest is your time.

If by chance you did not get the desired results from your state’s website, then run a general search using the keywords unclaimed or lost money.

You can rest assured you will be rewarded with perhaps thousands of ways in which to recoup the money owed to you. It should be noted that many of these agencies might require a fee of some sort. If you are willing to pay a fee or percentage of the refund then engage their services.

Another great resource is the Public Utilities Commission. Explain what has occurred, along with the steps you have taken in order to retrieve a refund of your money. Chances are, an inquiry will be made about your complaint, and you may find your refund in the mailbox sooner rather than later.

If all else fails file a complaint with the State attorney general’s office. You can believe once the State attorney general’s office becomes involved your refund check should arrive in your mailbox in short order.

Above all, be persistent. As the old saying goes, the squeaky wheel gets the oil.

Posted by andry under Financial Planning |

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