West Virginia Application to Withdraw Unclaimed Funds is a form used by individuals to request the return of funds or other property that is being held by the state as unclaimed property. This form is used to claim the rightful ownership of funds that have been abandoned, forgotten, or otherwise unclaimed. The types of West Virginia Application to Withdraw Unclaimed Funds include: Bank Accounts, Dormant Utility Deposits, Insurance Benefits, Stock Certificates, Unclaimed Wages, Safe Deposit Boxes, and Unclaimed Property. The form must be filled out completely with all necessary information to be considered for the return of the unclaimed funds.
West Virginia Application to Withdraw Unclaimed Funds
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Application to Withdraw Unclaimed Funds
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FAQ
There is no time limit for filing claims. You can make a claim at any time since the State Treasurer's Office holds all Unclaimed Property in a custodial capacity until the rightful owner or heir can be found.
If you've received a letter from Nationwide Mutual Insurance Company or an affiliate indicating that you have unclaimed property, this means a check or other asset has been issued to you that has not yet been cashed or claimed.
Virginia law requires businesses turn over unclaimed property to the state, which is then managed by the Virginia Department of the Treasury Unclaimed Property Division. It holds on to the unclaimed property until the rightful owner or heir files a claim.
West Virginia Dormancy Periods Generally, most property types have a five-year dormancy period. Accounts are considered dormant if the owner of a property has not indicated any interest in the property or if no contact has been made for the allotted dormancy period for that property.
This automatic return program, called West Virginia Cash Now, cross-references databases to establish and locate unclaimed property owners.
Generally, if the property in question has not had any activity within a certain period of time, e.g., three years for most properties, and the holder is unable to locate the property owner, it is considered abandoned and must be reported to the Unclaimed Property Division of the State Treasurer's Office.
What is Unclaimed Property? Unclaimed Property is any asset that has remained unclaimed for a specific period of time, such as utility deposits, unredeemed stock, a check that was never cashed, or contents of a safe deposit box.
To conduct a name search over the phone or for other unclaimed property assistance, call our toll free hotline at: 1.800. 642.8687 or email EclaimsSupport@wvsto.com. To search for unclaimed property in other states visit .missingmoney.com.