Recent Articles by MoneyBot5000 Team
Unclaimed Gift Certificates and Cards
The volume of unspent gift cards is staggering. According to a report from Credit Summit, approximately $21 billion in gift cards are left unspent by US consumers.
READ MORE >Understanding Abandoned Property Laws in Alabama
Abandoned property laws in Alabama state that the property can be considered abandoned if there is a simultaneous discontinuation of property use and a clear intention not to return.
READ MORE >Understanding Arizona's Unclaimed Money Laws
The Unclaimed Property Law in Arizona was first enacted in 1954, aiming to centralize the repository for lost property in the state to make it easier for citizens to search for and reclaim any lost property that belongs to them.
READ MORE >What is Presumption of Abandonment?
The presumption of abandonment is a legal concept whereby property is considered abandoned after a specific period of inactivity or lack of communication from the apparent owner.
READ MORE >Real vs. Personal Property—What’s the Difference?
Property can be classified into two categories: real and personal. Typically, property that can be physically moved, like clothing items, falls under personal property while permanent things like land are categorized as real property.
READ MORE >Checking for Overpayments
An overpayment occurs when an individual or business pays more money than required for a service or product. This disparity between the amount due and the amount paid can stem from various errors, including miscommunication, clerical errors, or misunderstandings regarding the applicable fees or charges.
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