Unclaimed Property Event Aims to Connect Rightful Owners with Their Assets

Almost one in four Virginians has missing money in dormant or inactive accounts that have been turned over to the Commonwealth of Virginia. During the sixth annual Unclaimed Property Call Event, residents can begin the claim process to return these assets to the rightful owner. 

From 10 a.m. to 4 p.m. on May 22 and 23, callers can dial 1-833-302-0704 to discuss unclaimed property with Virginia Treasury staff and file the necessary forms for a claim. This event is sponsored by the Virginia Beach City Treasurer’s Office and the Virginia Treasury. 

Unclaimed assets typically end up in the state’s possession when funds are surrendered by companies that have lost contact with the rightful owners, essentially operating as a centralized lost and found box. The state will keep unclaimed property forever until the rightful owner or heirs come forward to claim it. 

To date, the state has returned more than $1.1 billion in unclaimed property. 

What is Unclaimed Property? 

Unclaimed property includes, but is not strictly limited to, assets such as: 

• Lost or misplaced bank accounts 
• Uncashed checks 
• Wages 
• Stocks 
• Dividends 
• Utility deposits 
• Insurance policy proceeds 
• Safe deposit box contents 

Finding Unclaimed Property 

Anyone can check for unclaimed property at any time at VaMoneySearch.gov. The searchable online database has the most up-to-date lists of unclaimed assets that can be claimed as soon as reports are received and reconciled. 

Those with an in-progress claim can check its status at the same link.