The New Mexico Application for Payment of Unclaimed Funds is a process for individuals to reclaim money owed to them by the state of New Mexico. This includes funds held by the New Mexico Taxation and Revenue Department, and money from dormant bank accounts, unclaimed insurance payments, unwashed payroll checks, and more. The application is free and can be completed online or through a paper form. There are two types of New Mexico Application for Payment of Unclaimed Funds: individual claims and business claims. Individual claims are for people who have had funds held by the state of New Mexico in their name. Business claims are for companies that have had funds held by the state of New Mexico in their name. The application process requires applicants to provide proof of identity, proof of ownership of the funds, and contact information in order to receive the unclaimed funds.