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What do you do with property that has been unclaimed in a bankruptcy?
Coreybeavers
It depends.
Depending on the interest of the Trustee in Bankruptcy, and whether or not they have abandoned the property, will determine whether or not the debtor in Bankruptcy will be permitted to take the property if the creditor has abandoned the property.
Bottom line is that it depends on the facts, contact your Bankruptcy attorney or a reputable Bankruptcy attorney to get more information.
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∙ 14y ago
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What can be done about property that goes unclaimed?
There are several different things a person can do about property that goes unclaimed. Unclaimed property is usually turned over to the state if left unclaimed, and the state will try to contact the owner or relatives.
What website shows- unclaimed property in wa state?
If someone wants to search for unclaimed property in the state of Washington, they can go to the website ucp.dor.wa.gov. This will show all the unclaimed property on the most relaible website.
What type of program was Cash Dash?
Cash Dash was an unclaimed property program. The name has recently changed to I-Cash. Their purpose is to get unclaimed property to the people who deserve it.
What happens to funds belonging to bankrupt firm located in state's unclaimed property department after firm declares bankruptcy and bankruptcy is settled?
Stays with the state until claimed by its owner...same as without BK.
How do you get to the unclaimed property department at wal-mart.com?
I have received an unclaimed property letter from Walmart. I can not find the address to where I need to send it. Can you please help me find this? Thank you, Justine D
What is the North Carolina state statue on lost property?
Unclaimed property is held for a year, then sold and the revenue is listed under the owners name. You can contact the state treasurers office to see if you have any unclaimed property.
How long do you have to wait to file bankruptcy after I have passed a property on to your son?
Thank you for passing your property to my son. Since I do not have a son, I guess it remains in limbo. If your son paid you the value (equity) of your home, you will have to disclose the transfer, but it will have no effect on your bankruptcy. If you gave the property to your son for free, and there was equity in the property, probably two years, if you gave the property knowing you were insolvent and intending to deprive your bankruptcy estate of the asset. It would have been better to discuss this with a bankruptcy lawyer before passing the property, as you might have been able to exempt the property in the filing.
How do you claim unclaimed money?
There is a National Association of Unclaimed Property Administrators (assuming that you are in the United States) that will be able to help you with your unclaimed funds. The NAUPA website also has a search facility.
Where does American Mini Movers store unclaimed furniture?
If unclaimed furniture has not been picked up within the timelines set in the contract, the company has the right to dispose of the property. There needs to be proof that an effort was made to contact the individuals to claim their property by the company. The specific time lines vary by state law.
What is the extension number for BAC home loans unclaimed property?
2841
How do you find old bank where funds were left in 1995. I have name of bank.?
Depends on WHERE. Most states have laws that let the State seize "unclaimed" funds or property, and you will need to find out the law where the bank is. In California, there is an unclaimed property web site where you can go to search for unclaimed funds, at www.ca.gov.
How do you find out if the government or anyone owes you money?
Go to your state website and choose unclaimed property and you state should have some information about this matter that would not cost you any thing.National Association of Unclaimed Property AdministratorsStart Your Free Search for Money That Might Be Due You. Go directly to a government unclaimed property program by clicking on a state, territory, ...www.unclaimed.org/
