MONTGOMERY, Ala. -
The list of unclaimed items gets updated regularly, so even if you’ve claimed property before it doesn’t hurt to check again. Once a tangible item has been unclaimed for a period of time it does head to auction, but you’ll still receive the money from the sale. Alabama State Treasurer Young Boozer explained the auction process through this anecdote: “If Aunt Tilly’s jewelry is sold, let’s say for $1,000, that $1,000 comes back into her account so it can be claimed later either by Aunt Tilly, or by a relative, or by an heir.”From there, if you have any unclaimed property you can file a claim.Over $140 million in unclaimed property has been returned to its rightful owner over the last five years.
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