North Carolina Motion To Release Unclaimed Funds is a legal document that must be filed with the North Carolina Department of State in order to reclaim any unclaimed funds held by the state. This document is typically used when a person or business is owed money by an individual or business that has gone bankrupt or is no longer able to pay the money owed. There are three types of North Carolina Motion To Release Unclaimed Funds: unclaimed wages, unclaimed property, and unclaimed insurance proceeds. Unclaimed wages are funds that have been owed to a person or business by a former employer, but the employer has failed to pay the wages or has gone out of business. Unclaimed property includes funds that have been held in trust or jointly held by two or more people, but no one has claimed the property or funds. Unclaimed insurance proceeds are funds that have been paid by an insurance company, but the beneficiary of the policy has not claimed the money. All of these types of unclaimed funds must be claimed through the filing of a North Carolina Motion To Release Unclaimed Funds.