By using this site, you agree to the Terms of Use and Privacy Policy. Raul and Teresa Magana of Logan Square found they were owed more than $4,100 for mortgage insurance premiums they overpaid decades ago. WHERE TO LOOK: Start with this page on USDOLs website, which spells out the process of finding and recovering lost wages. Copyright 2023 NBCUniversal Media, LLC. Found Money: HUD Owes Refunds to Homebuyers Nationwide - NBC Chicago Phil Rogers has more. How To Check Chicago-Area Governments Could Owe You Money And How to Check current and past addresses where youve owned homes. Youll need to complete the form; sign it; attach required supporting documents, and create an account at login.gov to upload all of your material. How to claim unclaimed money: Each state has its own process when you're ready to claim your lost money, but it should be pretty straightforward. We'd want to hear when you expect to get your money, as well as if you're experiencing any long-term difficulties claiming it. Delaware loses Supreme Court case with millions at stake over unclaimed Illinois Unclaimed Property - Official State Site Last year, after returning $205 million to people who reclaimed their money, Delaware brought in about $350 million, according to the Delaware Economic and Financial Advisory Council. Click here for instructions on how to enable JavaScript in your browser. Cook County Treasurer's Office - Chicago, Illinois nbc 5 chicago unclaimed money Its because theyre not looking, Sanchez said. The process for getting a check once you find unclaimed money is actually pretty straightforward. This past October, NBC 5 informed Raul and his wife Teresa Magana that they were owed more than $4,100, according to HUDs list. 454 N Columbus Dr Chicago, IL 60611. You can search for all unclaimed funds here. In addition to finding and notifying homeowners about these refunds, NBC 5 also found the process that followed for HUD verifying a person is owed these funds, and then actually paying it out, is long. You know, that's an experience that few people have, especially a Latina, and a single mom., HUD told NBC 5 that the agency is, committed to finding and helping homeowners who are owed [these] refunds.. Details can be found on the treasurers website. Call us at 844-5RESPND (844-573-7763) orfill out our customer complaint form. Smith made 2-of-3 from 3-point range and scored 14 of his 24 in the second half (5-of-13 FG and 2-of-2 3PT). Our goal is to get you answers and, if possible, solutions and a resolution. The latest breaking financial news on the US and world economy, personal finance, stock markets and real estate. NBC 5 Investigates and Telemundo Investiga have found a total $16,434,927.20 in unclaimed funds from bankruptcy cases in Illinois and across the greater Chicago area, currently due to more than 70,000 creditors, including unclaimed amounts as high as $24,305.92, in local cases that date back to 1966. There is no governmentwide, centralized source for unclaimed money or other assets. Pappas office says it has a total of more than $72 million it wants to refund to property owners, and another $43 million in missing exemptions. The Office of the State Treasurer says these are record numbers. HOW TO CLAIM YOUR MONEY: If you find money, follow the instructions that apply to the court where your unclaimed funds are being kept: Millions of Chicago-area residents could have money coming to them. Illinois to Pay Interest on Unclaimed Money Under Settlement Approved These outreach efforts and the online search tool have made it easier to find the funds and fueled a rise in the amount of money being returned as people continue to go through tough economic times and need the money, he added. Your Property Tax Overview On a single page, you can: Make a payment See if a refund is available Download a copy of your tax bill Sign up to receive tax bills by email Find out if your delinquent taxes have been sold See local governments' debt and pensions You also can check and update key information about your property, such as: Mailing address NBC Unclaimed Money HOW TO CLAIM YOUR MONEY: Search by your address or your Property Index Number (PIN). When we called, a recording asked us to select a language, then someone picked up within a few seconds. No matter how much time has passed, states will return the funds at no charge or for a nominal handling fee once the rightful owner or heir files a claim. Maria Pappas, Cook County Treasurer, wants to know if you owe her money. You may now be able to get even more money. We want to know when you receive your money or if youre having long-term problems claiming it. NBC 5 Investigates has been researching billions of dollars owed to millions of people across the greater Chicago area, mostly from places of which people aren't aware. "People move and may not keep their contact information up to date so when the bank is trying to contact them, they can't find them if there's no forwarding address. More than $1.7 million sits unclaimed in one individual's account. Did you find money due to you from the City of Chicago, the Cook County Treasurers Office, Illinois Unclaimed Funds or a bankruptcy claim? Murder & Magnolias A wealthy couple. This means that even though a quick search can determine that Giorgio Armani once owed former Bank of America executive Sallie Krawcheck some money or that Morgan Stanley is entitled to funds once held by a slew of businesses, including Goldman Sachs, JPMorgan Chase and AT&T, neither will be getting a phone call from the comptroller's office any time soon just because they're well-known. One of the first steps in retrieving a refund is receiving the necessary paperwork from HUD to start the application process. Other mortgagees will appear in the results, but theyre not searchable on their own. This tool contains all unclaimed funds in five areas: Illinois Northern District, Central District (ILCB), and Southern Districts (ILSB); Indianas Northern District and INNB; and Wisconsins Eastern District. If you ever paid off a mortgage insured by the Federal Housing Authority, you may be due a refund of the insurance premiums you paid on that mortgage. Homeowners can search HUDs list and fill out the application for a refund for free. STEP 1: Navigate to the PROPERTY SEARCH page You can access the Property Search page through the home page by hovering over UNCLAIMED PROPERTY > "Search Unclaimed Properties", or by simply clicking the GET STARTED button in the middle of the page. NBC 5's Phil Rogers . Nine candidates are competing Tuesday for a chance to be Chicago's next mayor. WHERE TO LOOK: The state of Illinois adds new property to the list all the time, which means that even if youve claimed money from the state before, there may be new money waiting for you now. All rights reserved, Chicago-Area Governments Could Owe You Money. For Raul and Teresa Sanchez, nearly the same timeline: The application arrived in four weeks. This bag of diamonds, estimated to be worth $500,000, is among the unclaimed property being held by the California State Controller's Office. NBC 5 Investigates and Telemundo Investiga have found a total $16,434,927.20 in unclaimed funds from bankruptcy cases in Illinois and across the greater Chicago area, currently due to more than 70,000 creditors, including unclaimed amounts as high as $24,305.92, in local cases that date back to 1966. Updated: Feb 28, 2023 / 08:25 PM CST. According to HUD, as of early 2022, it counted 53,722 unpaid cases in Texas totaling well over $18 million. In the past year, Florida's chief financial officer, Jeff Atwater, was able to return about $1.1 million a case of money becoming lost as it passed from generation to generation. Check each of the resources below. California Has$10B-plus in Lost Money. Some May Be Yours - NBC 7 San Diego Below are government agencies that have databases you can search for unclaimed money. If you find a refund, HUD says you should call the departments support center at 1-800-697-6967, or email them at sf.premiums@hud.gov. Al a case concerning a dispute between multiple states on escheatment of unclaimed money. Start withthepage on USDOLs site, which explains how to recover lost wages. It wants to reimburse property owners and $43 million in unclaimed exemptions. The Wage and Hour Division says it takes eight to 10 weeks to process a claim. New York State Comptroller Thomas DiNapoli oversees about $12.5 billion in unclaimed funds from more than 30 million accounts. The state operates a searchable website for the lost accounts but does not usually proactively try to contact owners of the missing funds, nor does it list the exact dollar amount of the lost funds. Watch videos of breaking news, politics, health, lifestyle and more. HUD also explained most homeowners who have, or had, an FHA-insured mortgage are not eligible for a refund unless they paid an up-front mortgage insurance premium at a loan closing after Sept. 1, 1983. But Sanchez questions why HUD had not reached out to her sooner. Unclaimed Money Illinois: Governments Could Owe You Money - NBC Chicago This should not happen, Juana said, referring to the challenges she faced when trying to get her refund. The Vow - Season 5 Episode 20. Youll need to complete the form; sign it; attach required supporting documents, and create an account at login.gov to upload all of your material. That area includes homeowners in 12 Chicago-area counties in Illinois, five counties in northwest Indiana, and four counties in southwest Wisconsin. HOW TO CLAIM YOUR MONEY. So NBC 5 Investigates and Telemundo Investiga created our own search tool, so that you can check for any uncashed checks the city may be holding for you: HOW TO CLAIM YOUR MONEY: If you find money, the Chicago Department of Finance posts two claim forms to get it: This one for individuals to fill out, and this one for businesses. Does HUD Owe You A Refund? HUDs figures for the last two years seem to show a small amount of these refunds are processed annually nationwide. Maria Pappas said during this hard time, there. If so, fill out the online application. Dateline NBC You can find it on your own for free, using . Jo Yurcaba / NBC News: Neb. If a former employer did not pay you, its possible that the U.S. Department of Labors Wage and Hour Division (WHD) is holding your back wages. These Valuable Pennies Are Worth Thousands, Boat Owners Managing Storm Destruction at Lewisville Lake Marina. The plaintiffs filed the class action lawsuit in 2016, alleging the state was violating the U.S. Constitution by holding private property without "just compensation," asking the court to force the state to pay interest on those funds. The agency said it then mails an application for a refund. "Certainly when we see a great need like that, we don't want to be in any way sitting on people's money," DiNapoli said. Use your name to search, particularly if you've relocated. Feb. 17, 2012 -- Most unclaimed money is held by the states - about $32 billion at last count. Currently you have JavaScript disabled. Unclaimed Money and Assets TreasuryDirect If you know the agency, contact them The agency should be able to help you figure out the current status of a payment. Representatives for the offices of both Frerichs and Illinois Attorney General Kwame Raoul - who represented the state in the legal proceedings - declined multiple requests for an interview to discuss the settlement and how it will impact Illinois residents. This figure does not include the untold tens of billions of dollars that have already been escheated (confiscated) by governments as a result of claimants' failure to make a proper claim to reclaim their money prior to a specified deadline. Military veteran Chris Shelby reached out to NBC 5 Responds. Some unpaid cases go back decades. **Editor's note: Did you find money due to you from the City of Chicago, the Cook County Treasurers Office, Illinois Unclaimed Funds or a bankruptcy claim?