MoneyBot5000 Team

MoneyBot5000 Team

The MoneyBot5000 Team is here is to help empower you to take control of your money. Did you know there are potentially billions of dollars being held in state governments? Some of it may be yours! Check out our unclaimed money guides and articles below.

Recent Articles by MoneyBot5000 Team

Unclaimed Gift Certificates and Cards

MoneyBot5000 Team

By MoneyBot5000 Team

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.

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Understanding Abandoned Property Laws in Alabama

MoneyBot5000 Team

By MoneyBot5000 Team

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.

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Understanding Arizona's Unclaimed Money Laws

MoneyBot5000 Team

By MoneyBot5000 Team

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.

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What is Presumption of Abandonment?

MoneyBot5000 Team

By MoneyBot5000 Team

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.

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Real vs. Personal Property—What’s the Difference?

MoneyBot5000 Team

By MoneyBot5000 Team

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.

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Checking for Overpayments

MoneyBot5000 Team

By MoneyBot5000 Team

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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