The State of Texas could be holding money that belongs to you. Through its unclaimed property program, Texas safeguards funds that have been lost, forgotten, or left behind. For residents in Lubbock, this could mean anything from an old utility deposit to a forgotten bank account.
What Counts As Unclaimed Property
Unclaimed property includes a wide range of financial assets. Common examples include uncashed paychecks, insurance payouts, refunds, and dormant bank accounts. When a business cannot reach the rightful owner for a certain period of time, the funds are turned over to the state for safekeeping (and Texas does get a financial windfall on the interest).
How to Check If You Are Owed Money
Searching for unclaimed property in Texas is simple and free. Residents can visit the official state website and enter their name or business name. It only takes a few minutes, and many people are surprised to find funds tied to old addresses or previous employers.
How to Claim Your Money
If you find a match, you can file a claim online. The process typically involves verifying your…..