Illinois Notice of Motion (Unclaimed Funds)

State:
Illinois
Control #:
IL-SKU-1663
Format:
PDF
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Description

Notice Of Motion (Unclaimed Funds)

The Illinois Notice of Motion (Unclaimed Funds) is a legal document that is filed in the circuit court of the county where the unclaimed funds are held. This notice is used to alert owners of unclaimed funds that the state is attempting to locate them in order to return the money to its rightful owner. The notice informs the owner of the amount of unclaimed funds, where the funds are located, and how to contact the court and the state to reclaim the funds. The types of Illinois Notice of Motion (Unclaimed Funds) include: dormant bank accounts, forgotten utility deposits, unwashed checks, forgotten insurance policies, unclaimed inheritances, and other unclaimed funds.

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FAQ

The National Association of Unclaimed Property Administrators' website .unclaimed.org is an excellent resource.

For more information, or to see if you have any unclaimed property, visit

Section 15-404 of the Illinois Revised Uniform Unclaimed Property Act states, ?A holder required to file a report under Section 15-401 shall retain records for 10 years after the later of the date the report was filed or the last date a timely report was due to be filed, unless a shorter period is provided by rule of

Generally, if the property in question has not had any activity within a certain period of time, e.g., three years for most properties, and the holder is unable to locate the property owner, it is considered abandoned and must be reported to the Unclaimed Property Division of the State Treasurer's Office.

How do I find out if I have unclaimed property? Search your name on our online I-CASH database which is updated weekly. As part of our ongoing owner outreach efforts, you may even receive a letter directly from the Treasurer informing you that you have unclaimed property.

Generally, if the property in question has not had any activity within a certain period of time, e.g., three years for most properties, and the holder is unable to locate the property owner, it is considered abandoned and must be reported to the Unclaimed Property Division of the State Treasurer's Office.

The State Treasurer is holding 2.5 billion dollars in unclaimed funds for Illinoisans. The State holds these lost funds until they are claimed by either the original owner or their heirs. Property is returned at no cost with the proper identification.

Section 15-404 of the Illinois Revised Uniform Unclaimed Property Act states, ?A holder required to file a report under Section 15-401 shall retain records for 10 years after the later of the date the report was filed or the last date a timely report was due to be filed, unless a shorter period is provided by rule of

More info

List of forms and publications available for claimaints and reporters of unclaimed funds, including Change of Address Form and Extension Request Form. Publication notice due.Follow up on any motions filed asking for money to be disbursed to see if a hearing needs to be set, or if all procedures were properly followed. Notice of intent to escheat unclaimed funds pursuant to Government Code § 68084. If you receive a letter notifying you of unclaimed funds in the Court's registry, below are the standard. Once form is completed, you may print or save the form to your computer. - Complete paragraphs 3a and 3b. O Please note: if you are a debtor requesting funds, you may cross out the term "creditor" and. If you need to contact other county treasurers in Ohio, here's a complete list. Brown County Cumulative Unclaimed Funds List.

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Illinois Notice of Motion (Unclaimed Funds)