girl-holding-moneyFRANKFORT, Ky. (6/8/14) — If you’ve had a claim for some unclaimed property that has gone cold because of a lack of proof or documentation, you may soon find an approved claim in your mailbox.

Kentucky Treasurer Todd Hollenbach has provided the hard working staff of the Division of Unclaimed Property some new technology that is reviving those “cold case” claims and moving others on a faster track.

“We are using the technology to process and approve old claims that have been held up because of a lack of documentation or evidence provided by the rightful owner to prove the claims,” Treasurer Hollenbach said. “The staff is going through all the old claims from the last three years where a letter was sent to the claimant requesting more information to approve the claim but the additional info was never returned. The Accurint software our staff is now using allows them to match up names, addresses and social security numbers on claims with little or no additional proof to approve the claims for payment.”

The Treasurer estimates these revived “cold case” claims that would otherwise have been discarded after three years for a lack of proper documentation, currently making up about a third of the claims paid each week.

Additionally, the Unclaimed Property staff created in the Treasury database, a list of unclaimed properties that include a social security number. Now, after the claims staff completes their normal daily duties, they are devoting extra time to proactively search the list and mail out claim forms to the individuals listed using the Accurint technology. “These individuals have not contacted us,” the Treasurer added, “We are searching for them."

The initiatives are part of Treasurer Hollenbach’s innovative Treasure Finders “120 in 120” project. The Treasurer has set a goal to conduct a Treasure Finders event in all 120 Kentucky Counties and return $120-Million in unclaimed property to the rightful owners. Currently the Treasurer has returned more than $107-million and will be visiting Letcher County and Knott County in the coming weeks as he continues to reach out to every county in Kentucky.

You don’t have to let your claim go “cold.” Find out if you’ve got some unclaimed cash or family valuables coming to you by searching the unclaimed property database at www.MissingMoney.com.

SurfKY News
Information provided by Mark H. Pfeiffer

e-max.it: your social media marketing partner

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

In Other News...

Highland Students Learn Legislative Process

DAVIESS COUNTY, Ky. (5/26/15) — Fifth-grade students at Highland Elementary School hosted a visit by Suzanne Miles, 7th… Read More

KY FAME Expands to Greater Owensboro

FRANKFORT, Ky. (5/26/15) — Kentucky's nationally recognized workforce training program is coming to western Kentucky.… Read More
1 DOW 18,041.54
0.00 (0.00%)    
2 S&P 2,104.20
0.00 (0.00%)    
3 NASDAQ 5,032.75
0.00 (0.00%)    

Most Read This Week

May 22, 2015 7502

Madisonville Man Charged with First-Degree Rape

by SurfKY News
May 23, 2015 7194

Missing 5-Year-Old Boy Found

by Doreen Dennis, SurfKY News
May 20, 2015 3599

Pennyrile Forest State Resort Park Holding Beach…

by Gil Lawson
May 21, 2015 3371

Police Charge Madisonville Man with Harassing…

by SurfKY News
May 25, 2015 3321

Can Sunscreen Save Your Life?

by Melissa Patrick

Most Read This Month

May 15, 2015 10774

New Madisonville Business In Full Operation Soon

by Tammy Holloway, SurfKY News
May 15, 2015 7581

Investigation of Local Barber Shop Leads to Drug…

by SurfKY News

Stories Trending Now

May 25, 2015 3321

Can Sunscreen Save Your Life?

by Melissa Patrick
May 25, 2015 2257

Hopkins Man Injured in Muhlenberg Motorcycle…

by SurfKY News
May 26, 2015 1927

Mandarin House Gearing Up to Open Soon

by Gary Gates, SurfKY News
May 26, 2015 1927

Large Necklace on Rearview Mirror Lands Driver in…

by SurfKY News
May 25, 2015 1895

UPDATE - MPD Seeks Three in Residential Robbery

by SurfKY News
May 26, 2015 1658

Governor Announces Hopkins County as Kentucky…

by Doreen Dennis, SurfKY News
May 25, 2015 1237

Seniors Celebrate with Cook-out, Games, Fellowship

by Tammy Holloway, SurfKY News
May 25, 2015 1212

Damascus Road House Leads Young People to Christ

by Tammy Holloway, SurfKY News
May 26, 2015 1169

Two Central City People Jailed on Meth Charges

by SurfKY News
May 25, 2015 1056

‘Remembering Those That Paid All’

by Tammy Holloway, SurfKY News