Unclaimed property event claims success – The Suffolk News-Herald

Regardless that this in-person occasion went digital, the success was nonetheless notable.

Suffolk’s Metropolis Treasurer, Ronald H. Williams, partnered with the Virginia Division of Treasury to assist Suffolk residents declare any lacking cash owed to them. Greater than 800 residents participated within the digital occasion held on Nov. 17 and 18.

In November, the actual days have been those Williams had labored out with the Division of Unclaimed Property to particularly and personally help Suffolk residents. Throughout this time, individuals might name the quantity to obtain particular assist. This digital occasion uncovered greater than $80,000 owed to residents in the neighborhood.

“Unpaid wages, safety deposits, insurance coverage insurance policies, utility deposits and refunds, and even outdated, forgotten-about financial institution accounts are oftentimes the supply of the unclaimed property,” mentioned Deputy Treasurer Andrew Owen.

Williams hosts unclaimed property occasions yearly. These occasions are often held in-person at Peanut Fest, Metropolis Corridor or the North Suffolk Library. Based on the Virginia Division of the Treasury, one in 4 Virginians has cash owed to them with a complete stability of greater than $1 billion throughout the state.

Whereas the pandemic continues to have an effect on individuals’s funds, Williams all the time encourages residents to look into whether or not there could also be cash lacking.

“Working with taxpayers on daily basis, I do know that there are numerous individuals who discover themselves in tough monetary circumstances by way of no fault of their very own, and I need them to find out about this chance,” mentioned Williams.

Regardless of the digital occasion being over, anybody can nonetheless search for unclaimed property at any time. There isn’t any danger, charge or obligation when wanting. Go to www.vaMoneySearch.org, or name the Division of the Treasury at 804-225-2142.

Plans are already within the works for subsequent yr’s occasion. A digital occasion will happen on Nov. 16 and 17. The occasion might return to being in-person if it turns into secure to take action at the moment.

— to www.suffolknewsherald.com

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