Check for Unclaimed Property

  
 

Indiana residents are encouraged to see if they are eligible to claim unclaimed property totaling $66 million.

Unclaimed property includes investment earnings, insurance proceeds and benefits, wages, and money from savings and checking accounts. Attorney General Greg Zoeller said making a claim with the Attorney General’s Unclaimed Property Division is free. Visit www.IndianaUnclaimed.gov search for your name, relatives, neighbors and friends names. Business owners and charitable organizations should also check annually for unclaimed property.

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State Orders Car Dealership to Refund Fees Deemed Excessive

Auto Park LogoChecks will soon be in the mail for customers who purchased cars from a Marshall County dealership between Nov. 1, 2010 and Nov. 1, 2012. Auto Park of Plymouth has reached a settlement with the state over excessive paperwork charges during that two year period. State officials say the dealership was charging customers exorbitant documentation preparation fees. The settlement follows a joint investigation by the attorney general’s office and secretary of state’s office prompted by a customer questioning the charge, called a doc fee. Investigators looked into the costs and found them to be excessive on about 38,000 transactions. Indiana law requires doc fees to be disclosed, negotiated, reflective of actual expenses and noted on the purchase agreement. Customers who were charged a document preparation fee of $228 will each receive a refund of $34 from Auto Park. The dealership will send checks directly to eligible customers.

More than $18 Million Recovered in Uncollected Hoosier Insurance Benefits

 More than $18 million have been recovered in unclaimed property through agreements with some of the nation’s largest life insurance providers, giving beneficiaries of insurance policies that have long since been forgotten the chance to recover those proceeds. According to Indiana Attorney General Greg Zoeller, the money is the result of unclaimed insurance proceeds that were previously held by American International Group, John Hancock (Manulife), MetLife, and Prudential Financial.

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