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The Hurricane Katrina survivors will be victims again...
GUARANTEED!
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By Stuart McMaster
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This time it will be our own governments mostly that will do thevictimizing but some businesses will get it on it as well. Itssimply one of the biggest revenue generating processes utilizedby various levels of governments that very little is known of bythe regular citizen. It causes family savings to be lost, assetsto go uncovered and even inheritances to disappear over time. Itvictimizes the poor disproportionately than any other class inour society. It takes away from those who need it the most...like poor, middle class and poverty level citizens. But thisprocess has also been known to victimize people of all classesand races in the United States. What are we talking about?Unclaimed Money is the name of the game. Millions of dollarsthat were in utility deposits, savings bonds, bank accounts,family properties, safe deposits contents and a slew of otherunclaimed assets and money is turned over to various governmentagencies every year, with only a small amount ever beingreturned to the rightful owners or heirs. This unclaimed moneywindfall is actually multiplied TENFOLD because of disasterslike Hurricane Katrina.
During these times there is a very very large portion of thosewho lose their home and important papers in the process, to alsoforget the location of many of their assets. Once these assetsgo unclaimed for a specified amount of time, they are usuallyturned over to a government agency with the hope of finding theowners of record. But history has shown that these unclaimedassets and unclaimed money accounts are seldom recovered becausethe government does a very poor job of tracking the unclaimedaccounts owners or rightful heirs. This is the same governmentthat can track you down for past taxes, criminal behavior,outstanding tickets and summonses, child support and just aboutany outstanding debt you may owe them.
But they seem to have an inability to deploy these same tacticsto return your unclaimed money and unclaimed property when thesecame into their coffers. Can you imagine how many THOUSANDS ofeven TENS OF THOUSANDS of bank accounts, family deeds, bonds,insurance policies, store and utility deposits information hasbeen lost due to the recent disaster? The sad part is that theseare people who are victims already, and they are also primetargets for this unclaimed property victimization that comeslater... courtesy of the state and federal governments. Did youknow that it is estimated that 7 out of 10 people have unclaimedmoney that they don't know about? That is an AMAZING 70%! Howwould you like a business where people placed their valuableswith you but only 30% of them ever came to claim their propertylater? That would be a very desirable business venture wouldn'tit?
Well it is also estimated that these government agencies are nowholders of over $1 TRILLION dollars of unclaimed money andunclaimed property. Have you already been a victim of thispractice? Has a present or deceased family member been a victimof this unclaimed money and unclaimed property practice? Do youhave unclaimed money owed to you? Don't delay and find out todaybecause the truth of the matter is that most of the people thatare reading this article already have money owed to them, orthey will have money owed to them in the future. The key isknowing all of the places to look.
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