(Part 2 of 2)

SC unclaimed money is passed along to the state treasury office after long periods of showing no activity. These periods of time are known as "dormancy periods", and each type of unclaimed cash has its own. Most are only 1 year, but a number of years must pass for many other types of funds to be passed along to the state. Even more important to know is the fact that and employee of the state must physically input the account information in to the state's system %if there is to be% public, searchable record. For those reasons, among others, it's important that anyone who is serious about finding their abandoned assets, search frequently and search on the proper sites.

Many sites promise a database, but more often than not it is not very reliable. Not only are they generally out of date, but many of them are just totally fake. These sites use "teaser" search results to hook a sucker by convincing them that they're due X amount of money, when in reality that dollar amount is really completely random. Essentially it is a dishonest sales tactic.

Beyond not knowing which sites to search, people also need to realize that they should search outside of SC. A lot of people have relocated to SC after having spent most of their lives in many other states. Others may have always resided in SC, but if they had an out of state insurance company or and employer's corporate headquarters is based in a different state, then there's a good chance that they are still owed cash, but SC wouldn't ever have a record of these monies. It is very important to check the state listings of every state where a person may have had any type of business connection.

It cannot be overstated, having the assistance of unclaimed money pros in your search for unclaimed money is incredibly important. A pro in this field can help you overcome all the issues that plague many searchers, including those mentioned in this article.

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