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Voice of the Consumer: Unclaimed property — is some of it yours?
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Voice of the consumer: Unclaimed property — is some of it yours?
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The Colorado Treasurerâs Office returned money and property valued at nearly $48 million last year through its unclaimed property program.
Colorado, like all states, maintains a program that is designed to ensure that missing money, either though a bank account or some other financial account, or unclaimed property, such as jewelry, coins or other valuable items found in a variety of ways, such as an unclaimed safety deposit box, are returned to their owners.
âStates are required to return unclaimed property to its owner no matter how long it takes,â said Colorado Treasurer Dave Young. âUnclaimed property programs are consumer protection programs that return billions of dollars each year to individuals who did not know they had missing money or valuable property.â
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