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Oklahoma Unclaimed Funds (Instructions; Application for Order; Affidavit of Creditor/Claimant)

State:
Oklahoma
Control #:
OK-SKU-0066
Format:
PDF
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Description

Unclaimed Funds (Instructions; Application for Order; Affidavit of Creditor/Claimant)

Oklahoma Unclaimed Funds (Instructions; Application for Order; Affidavit of Creditor/Claimant) are funds that have been held by the state of Oklahoma for a period of time without being claimed by their rightful owner. This can include abandoned bank accounts, forgotten or unwashed checks, payroll overpayments, insurance payments, utility deposits, or other unclaimed funds. The Oklahoma Treasury Department is responsible for managing these unclaimed funds and provides instructions, an application for order, and an Affidavit of Creditor/Claimant to help the rightful owner reclaim any funds that are owed. The Instructions provide instructions for the claimant to follow when filing a claim, including how to complete the Application for Order and Affidavit of Creditor/Claimant. The Application for Order is a form that must be completed by the claimant and is used to provide the necessary information about the claimant to the Oklahoma Treasury Department. The Affidavit of Creditor/Claimant is an affidavit that must be sworn and notarized by the claimant or their representative in order to establish their ownership of the unclaimed funds. In addition, the Oklahoma Treasury Department also has different types of Unclaimed Funds such as Unclaimed Property, Unclaimed Life Insurance Benefits, Unclaimed Tax Refunds, Unclaimed Insurance Proceeds, and Unclaimed Oil & Gas Royalties. Each of these Unclaimed Funds has its own set of instructions, application for order, and affidavit of creditor/claimant.

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FAQ

Unclaimed Property Program Search for Unclaimed Property Now! Unclaimed Property Division. Oklahoma State Treasurer. 9520 N. May Ave., Lower Level. Oklahoma City , OK 73120. (405) 521-4273. Office Hours: am to pm Mon. ? Fri. E-mail: Unclaimed@treasurer.ok.gov.

Contact us and we can provide an estimate based upon the specifics of your case. Simple claims may take as little as 60-90 days. Complex cases can take up to 2+ years. If you elect to sell your claim or inheritance rights, payment can occur in 10 days or less.

Oklahoma Unclaimed Property Negative Reports Oklahoma does not require negative reports but recommends them.

Contact us and we can provide an estimate based upon the specifics of your case. Simple claims may take as little as 60-90 days. Complex cases can take up to 2+ years. If you elect to sell your claim or inheritance rights, payment can occur in 10 days or less.

Unclaimed funds are typically turned over to the government after a specific period of time has passed. To claim the funds or assets, the designated owner or beneficiary must file a claim; if belonging to an estate, it may require the claimant to prove their rights to the unclaimed property or funds.

Dormancy periods in Oklahoma for common property types include: Wages/Payroll, Salary ? One year. Unredeemed Gift Certificates ? Five years. Money Orders (Non-Bank) ? Seven years.

Unclaimed Property Program Search for Unclaimed Property Now! Unclaimed Property Division. Oklahoma State Treasurer. 9520 N. May Ave., Lower Level. Oklahoma City , OK 73120. (405) 521-4273. Office Hours: am to pm Mon. ? Fri. E-mail: Unclaimed@treasurer.ok.gov.

More info

Submit the Local Form, "Application to Withdraw Unclaimed Funds" (LF-. Controller's Customer Service Unit.Select the properties that you can claim, and follow the instructions on the page to continue. Step 2: Complete the online claim form. Unclaimed Property Claim Requirements How to File a Claim . Devolution of estate at death; restrictions. In order to locate all funds that a claimant may be owed, the CSR may ask for additional information concerning prior addresses. Small Estate Affidavit. Value of these assets, to complete the application. The Alaska Court System's Self-Help Center offers help for self-represented people.

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Oklahoma Unclaimed Funds (Instructions; Application for Order; Affidavit of Creditor/Claimant)