Michigan lets owners claim lost or abandoned property online. If you lost a check, forgot about a bank account or otherwise abandoned property, it should eventually end up with the state, where you can claim it.
Missing money Michigan
The state of Michigan lists lost or abandoned money online for their rightful owners to claim, but is effectively concealing millions of dollars by omitting claims worth less than $50 each. It might be a check that you never cashed, a bank account you forgot about, a safe deposit box you unknowingly inherited or an electric utility deposit you never collected before moving to a new home.
Here’s how to get paid by the state for unclaimed property.
Posted inMichigan Government
Michigan reaping millions by ‘hiding’ unclaimed money worth less than $50
Michigan lets owners claim lost or abandoned property online. Unlike other states, Michigan doesn’t list small amounts, which allowed it to keep nearly $190 million.
Posted inMichigan Government
How Michigan makes $122M per year keeping unclaimed, missing money from residents
Michigan holds — and has already spent most of — more than $2 billion that it does not technically own. It’s your money. And critics say the state should do more to give it back.