It does not pay to search for Kansas unclaimed money as a finder. That does not mean that you cannot live in Kansas and work as a finder, it just means that you should do your searches for other states. For example, we are in New York, but because the laws limit us, we do not search for unclaimed money in New York but prefer to search lists of more favorable states. Kansas does have unclaimed money laws, but they are basically useless. That is because of KORA (Kansas Open Records … [Read more...]

You can charge up to 20% as a Missouri unclaimed money finder. Missouri is currently holding over $600 million in unclaimed money. That means there is currently $120 million up for grabs! There are certain rules that need to be followed in Missouri: No agreement to locate money for a fee is valid unless the agreement discloses the nature and value of the property, is in writing, and signed and acknowledged by the owner Any agreement to pay commission to recover money which has … [Read more...]

You can charge as much as you want as a New Hampshire unclaimed money finder. However, like I always say, there is no reason to be greedy. There is plenty of money available to charge a reasonable fee. I recommend 10% with 20% being the maximum. It is much easier to get an agreement signed with a more reasonable percentage than something like 50%. Put yourself in your clients shoes. There are only a couple of rules you must follow as an unclaimed money finder in New Hampshire The law … [Read more...]

You can charge 10% commission as a Mississippi unclaimed money finder. There are two main rules to follow as an unclaimed money finder in Mississippi: 1. It is unlawful for a person to seek to receive from another person or contract with a person for a fee or compensation for locating property which he knows has been reported, paid or delivered to the Treasurer pursuant to the provisions of this chapter prior to seven (7) months after the date of payment or delivery of the property by the … [Read more...]

You can charge up to 10% as a Tennessee unclaimed money finder.  The Treasury Department Division of Unclaimed Property does not regulate who can be an unclaimed money finder in Tennessee. Unfortunately, the Treasury Department doesn't make decisions on unclaimed money finders. That is handled by the  State of Tennessee Department of Commerce and Insurance administers the Tennessee Private Investigation and Polygraph Commission. The Tennessee Private Investigation and Polygraph … [Read more...]

Being an Illinois unclaimed money finder is easier when you are not searching for money being held by the State of Illinois. You must be a Private Detective to collect a contingent fee on behalf of an apparent owner. They do have two main laws that you must follow: 1. The money being held has to have been in their possession for at least 24 months; and 2. The commission fee you charge cannot exceed 10%. They don't make it easy for you to obtain information, however. The following … [Read more...]

You can charge up to 10% as a Minnesota unclaimed money finder. You must be a private investigator to locate people owed unclaimed money in Minnesota. Minnesota is an excellent example of why you should always contact a state first before you start searching in it to locate unclaimed money. Many states laws, codes, acts, etc., will tell you the rules you have to follow to search for unclaimed money for a fee, but they won't tell you that you have to be a private investigator. That … [Read more...]

Charge Whatever You Want! I was only able to find one law regarding working as a Michigan Unclaimed Money Finder: UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT)Act 29 of 1995 567.256 Agreement to compensate for recovery of property; enforcement. Sec. 36. An agreement to pay compensation to recover or assist in the recovery of property reported under section 18, made within 24 months after the date payment or delivery is made under section 20, is unenforceable. History: 1995, Act 29, … [Read more...]

Below you will find the most common California Unclaimed Money Finder FAQ's: Am I required to be licensed? Do I need to notify you that I am a California Unclaimed Money Finder or run a Finder Service? Do I need to notify you when I hire or terminate the employment or staff? Do I need to register my business with the California Secretary of State? Does the State Controller's Office provide training on becoming a Finder? Will I receive a letter that identifies me as an … [Read more...]