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Home / Business and Economy / Louisiana Man Claims Record Unclaimed Property Check

Louisiana Man Claims Record Unclaimed Property Check

7 Feb

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Summary

  • A Louisiana man received over $320,000 in unclaimed property.
  • This sum represents the largest unclaimed property check ever issued.
  • The state of Louisiana has over $1.2 billion in unclaimed property.
Louisiana Man Claims Record Unclaimed Property Check

A Louisiana man has received the largest unclaimed property check ever presented by the state treasurer. James Willet, 62, was awarded more than $320,000 in unclaimed funds during a presentation at the Logansport Chamber of Commerce.

An additional check for almost $80,000 was also issued for a trust benefiting Willet's son. State Treasurer John Fleming emphasized that Louisiana holds over $1.2 billion in unclaimed property, with one in six residents potentially having claims averaging $900.

Businesses annually submit millions in dormant funds to the state government. These funds can stem from various sources, including forgotten payroll checks, royalties, old bank accounts, or uncashed securities. Louisiana residents can check their eligibility for unclaimed property online.

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Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
James Willet, a 62-year-old Louisiana resident, received the largest unclaimed property check ever presented by the state treasurer.
The state of Louisiana currently holds over $1.2 billion in unclaimed property.
Louisiana residents can visit UnclaimedProperty.LA.gov to check if they are eligible for any unclaimed cash.

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