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If you or a family member are entitled to receive missing money or an unclaimed asset being held by a state -– anything from unused gift cards to life insurance proceeds -– you might ...
He said his office returns an average of over $1.5 million in unclaimed gift card funds every day and works with gift card retailers to identify the owners of unused gift cards. If a customer ...
We've warned you plenty of times about issuers' terms, conditions and requirements that can eat away at the balances on your prepaid cash or gift cards. Now, this article from the Times-Union ...
These laws often require companies to turn over the value of unredeemed gift cards to the state, where consumers can claim the balance as unclaimed property. This process, known as escheatment, ensures that companies cannot indefinitely keep unused balances, and that the funds are returned to the rightful owner. [3] [4]
Across the nation, more than $20 billion is waiting to be reclaimed by citizens who may not even know they may be owed cash from "unclaimed property," which can include uncashed paychecks, refunds ...
James said H&M had since 2008 unlawfully kept at least $18.4 million in unused gift card balances in its own bank accounts, instead of transferring them to the state's Abandoned Property Fund.
Until recently, if you didn't use your gift cards, Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in ...
According to Deloitte & Touche, between 2 and 10% of gift card dollars go unspent. What happens to that money is a topic of much debate.About half of states think they should get at least some of ...