Unclaimed Money in Arkansas

Unclaimed property in Arkansas refers to various forms of financial assets that have gone unclaimed by their rightful owners or heirs after a specified period, usually due to a lack of knowledge or forgetfulness about the assets. The Arkansas Auditor of State’s office is responsible for safeguarding these assets until they can be claimed by their rightful owners. This is significant for state residents because there might be a good chance that they have money or properties waiting to be reclaimed.

Unclaimed property does not include real estate but often includes tangible property such as the contents of safety deposit boxes. Once these assets become classified as unclaimed, they are turned over to the state, which then takes on the responsibility of locating the rightful owners or their heirs.

 

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Common types of unclaimed properties

In Arkansas, unclaimed properties come in many forms, encompassing a wide range of financial assets. These include, but are not limited to:

  1. Checking and savings accounts that have gone dormant or inactive
  2. Stocks, mutual funds, bonds, and dividends that have not been claimed
  3. Uncashed payroll checks or other official corporate payments

Searching for unclaimed money in Arkansas

Finding unclaimed money in Arkansas is straightforward, thanks to the MoneyBot5000’s user-friendly online search platform.

Here’s a step-by-step guide for searching for unclaimed property:

1. Start by logging into or setting up an account on MoneyBot5000.

2. On your dashboard, you’ll find a search bar. Enter your first and last name or the name of a business you’re searching on behalf of. Be sure to check any variations or common misspellings of your name to ensure a thorough search.

3. Once you’ve conducted your search, the website will display a list of potential matches. Look through these results to find any properties that may belong to you. Each listing includes the name associated with the unclaimed property, the holder (or the organization that reported the property), and sometimes, a partial address.

MoneyBot5000 Perk—When performing a search on MoneyBot5000, you’ll not only be able to find unclaimed money in Arkansas but possibly nationwide! We make it easy to try and find and claim what’s yours.

4. If you find property that you believe is yours, click on the “Claim” button next to the listing. Then follow the specific instructions to claim money in your state.

The online claim submission process is the primary and most convenient method for individuals to reclaim their missing money in Arkansas. To initiate this process, claimants should first navigate to the official website, ClaimItAR.gov, which serves as the portal for managing unclaimed property claims. Here’s a step-by-step guide on how to submit an electronic claim:

The claiming process in Arkansas

Enter the details for the claim you found in your MoneyBot5000 search. This could include your personal details such as your name, business name (if applicable), or property ID on ClaimItAR.gov to perform a search for any unclaimed money that may belong to you.

Each listing will provide details such as reported contents and the reporting entity.

You can claim multiple listings at a time but keep in mind you will be prompted to verify your identity. Typical documentation required includes:

  1. A state-issued photo ID (e.g., driver’s license).
  2. A Social Security card or a W-2 form to verify your Social Security number.
  3. Proof of address linked to the unclaimed property (like a past utility bill).
  4. Proof of your current address.

Depending on the nature of the claim, supplemental documentation such as bank records, stock certificates, or relevant legal papers may be required to prove ownership.

After the claim

The expected timeline

The processing time for claims can vary depending on a number of factors, including the complexity of the claim, the accuracy of the information provided, and the current volume of claims the state is handling.

Generally, you can expect your claim to be reviewed and processed within 60 days from the receipt of a completed claim package.

The checklist

Once you’ve submitted your claim for unclaimed property, there are several steps you should take to ensure the process goes smoothly:

1. Confirmation: After filing, make sure you receive a confirmation. If you filed electronically, you should receive an email confirmation. For mail submissions, if a confirmation is not standard, consider asking for a return receipt.

2. Keep records: Store copies of all submitted documents and correspondence. Having a record of your claim will make it easier if you need to follow up or provide additional information.

3. Track your claim: Utilize online tools provided by the Arkansas Auditor of State to check up on the status.

Need to learn more about finding unclaimed money in a neighboring state? See our guides for Mississippi, Missouri, Tennessee, Louisiana, Texas, and Oklahoma!

The great Arkansas treasure hunt

The Arkansas Unclaimed Property Program, affectionately known as the “Great Arkansas Treasure Hunt,” is a statewide initiative designed to reunite Arkansas residents with their unclaimed property. This program operates under the purview of the Arkansas State Auditor’s Office, which works to help track down the rightful owners of these lost treasures.

The campaign’s goal is to help ensure that every resident of Arkansas has the opportunity to claim their forgotten assets. With millions of dollars returned to the state each year, there is a clear public interest in reuniting this money with its owners. The program serves this cause by maintaining an online database that allows individuals to search for unclaimed property that may belong to them.

Arkansas residents may also seek the assistance of unclaimed property representatives. These representatives are committed to helping claimants navigate the process of recovery efficiently and without charge.

Arkansas Department of Revenue - Unclaimed Property Division

Unclaimed money

Address

Unclaimed Property Division, 1401 W. Capitol Ave., Suite 325, Little Rock AR 72201-1811

Unclaimed money

Phone Number

501-682-6000

Unclaimed money

Office Hours

Monday-Friday 8:00am-4:30pm CST. This may vary due to holidays.

Additional Resources

Contact details for the Arkansas auditor’s office

For direct assistance and inquiries regarding unclaimed property, you can reach out to the Auditor of State’s office using the following contact details:

Arkansas Auditor of State, Unclaimed Property Division

  1. Address: 1401 W. Capitol Avenue, Suite 325, Little Rock, AR 72201
  2. Phone: (501) 682-6000
  3. Toll-Free: 1-800- CLAIM-IT (1-800-252-4648)
  4. Email: [email protected]
  5. Website: https://claimitar.gov/

Office hours are Monday through Friday, from 8:00 AM to 4:30 PM.

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Frequently Asked Questions

Frequently Asked Questions (FAQs) about Unclaimed Money in Arkansas Unclaimed Money:

1. How often should I check for unclaimed property?

It is recommended to check for unclaimed property at least once a year as new funds are continually turned over to the state.

2. Is there a fee to claim my unclaimed property?

No, the State of Arkansas returns unclaimed property to owners free of charge.

3. How long does it take to process a claim?

Most claims can be processed within 90 days. However, this can vary depending on the complexity of the claim.

4. Can I claim property that belonged to a deceased family member?

Yes, you can claim property on behalf of a deceased family member.

Disclaimer: The above is solely intended for informational purposes and in no way constitutes legal advice or specific recommendations.