A Vermont unclaimed money finder must post a bond of not less than $10,000. For a laid back state, that's a pretty strict requirement. This is "to insure the Treasurer's Office against any fraudulent or mistaken claims that may arise as a result of an heir finder's representation of an owner." Other than that, it is pretty much the same as any other state. Vermont has 200,000 accounts in their data base worth more than $48 million. The average account is $625. If you recovered a few … [Read more...]

You can charge 10% commission as a Virginia unclaimed money finder. There are a few rules you must value, listed below: 1. It is unlawful for any person to seek or receive from another person or contract with another person for a fee or compensation for locating property which he knows has been reported or paid or delivered to the State Treasurer prior to thirty-six months after the date of delivery of the property by the holder to the State Treasurer. 2. No agreement entered into after … [Read more...]

It's very easy to become a Massachusetts unclaimed money finder. There are only two basic requirements: The unclaimed money must have been held for at least twenty-four months by the Massachusetts Treasury,and The maximum fee you can charge is 10% That's pretty much it. If you would like to read the complete Massachusetts unclaimed money law, please click here.   Also, the Massachusetts unclaimed money list is only $10. That is one of the lowest … [Read more...]

You can charge whatever you want as a Maryland unclaimed money finder! The only provision in the Maryland unclaimed money act regarding Maryland unclaimed money finders states that any agreement to recover money that has been held for less than 24 months is unenforceable. That's about it. Maryland doesn't give much information on their website regarding unclaimed money or unclaimed money finders. I had to contact them directly to get information.  One thing that stands out from what … [Read more...]

Well, I have good news and bad news regarding becoming a Maine unclaimed money finder. The good news is you can charge as much as you want in commission (with one small exception). The bad news is you need to be a private investigator. However, even that news is not too bad. You have a couple of options.  If you live in Maine, you do not have to search for unclaimed money only in Maine. You can search in any other state. For example, we're in New York, but I don't do any searches in New … [Read more...]

It's pretty simple to become a Louisiana unclaimed money finder and their list is only $50, so it doesn't take much to get started. Louisiana Unclaimed Money Finder Laws Louisiana Revised Statute Title 9 Louisiana Department of the Treasury Information for Locators of Unclaimed Property Louisiana law provides for a maximum limit of 10% on locator fees and a waiting period from the time the property is presumed abandoned until 24 months after it is reported. A private investigators license … [Read more...]

You can charge up to 15% as an Iowa unclaimed money finder. However, you do need do be a private investigator to search for money in Iowa. There are basically three things you can do regarding this: 1. Become a private investigator. 2. Find a private investigator to work with. You can use their letterhead, phone number, etc. and in return you can pay them a percentage of what you get back. Update as of October 2012 I always mention you can partner with a private investigator and … [Read more...]

You can charge 10% as a Connecticut Unclaimed Money Finder.  Connecticut owes over $300 million in unclaimed money. The rules in Connecticut are pretty simple and the opportunities are great.   A finder must follow all laws and regulations while conducting business in CT: 1. A finder may contract with the rightful owner and not work with the unclaimed funds department. In this case, the Unclaimed Property Division will work directly with the rightful owner.  The rightful owner … [Read more...]

The only requirement for an Idaho Unclaimed Money Finder regards how long the money has been held by the State before you can contact the owner. The unclaimed money must be held for at least 24 months before you can charge a fee for your service. Otherwise, the agreement is unenforceable. There is no limit to the fee you can charge as an unclaimed money finder in Idaho. However, Idaho does not have an unclaimed money finder list for sale and the list you can access online does not give you … [Read more...]

Wouldn't it be great to be sitting on a beach in Hawaii with a laptop searching for unclaimed money? It is pretty easy to become a Hawaii Unclaimed Money Finder. You can charge up to 25% commission! The below is taken from the 2019 Hawaii Revised Statutes Title 28. Property 523A. Unclaimed Property. §523A-25 Agreement to locate property. (a) An agreement by an owner, the primary purpose of which is to locate, deliver, recover, or assist in the recovery of property that is presumed … [Read more...]