FAQS:

General


Why was my money turned over to the state?

Businesses and financial institutions are required by law to report assets to the state after a period of inactivity and loss of contact with the property owner.


I received information from a company that said they could help get my unclaimed property for a fee. Should I use them to help me file a claim?

No. These companies are often referred to as “heir finders” and cannot do anything for you that you cannot do on your own for free. There is no charge for the services that Alabama Unclaimed Property provides. Our staff will be happy to assist you with your search and claim for free.


Does unclaimed property mean you have things such as houses, cars, and boats?

No. The only assets held by the Alabama Unclaimed Property are funds in the form of cash, stocks, bonds, insurance proceeds, utility deposits, etc. We also receive valuables from safe deposit boxes that may be claimed.