Locate your State of Michigan unclaimed money or missing assets with Records Registry!
If no activity of assets owner has been noticed for an extended period of time, then the account is considered dormant and the money at the end of the dormancy period is considered legally abandoned.
Does a customer have to go to the bank or other business every year to keep the account from becoming dormant? No, not at all! A customer may write or call the holder, in most cases at least once in five years to keep the account from being reported to the state as a dormant account. The holder must maintain records that show how it tracks communications from the customer.
What happens to money that is never claimed by the owner? Owners or heirs can always claim their property. There is no time limit for making a claim to the Michigan State Treasurer. While the State Treasurer often is successful in reuniting people with their money, many owners are never located. The money that is never claimed is transferred into the general fund for the benefit of all Michigan citizens.
What happens, if I have just lost track of my account? Search for your missing assets with Records Registry!
State of Michigan Unclaimed Money Search, Missing Money Search And Much More...
do-it-yourself online investigations
