More than $28 million owed to Pennsylvanians with Christmas song connections

 

Harrisburg, PA — Treasurer Stacy Garrity announced today that more than $28 million is owed to people and businesses with a name that includes the words Partridge, Dove, French, Bird, Gold, Ring, Geese, Swan, Maid, Lady, Lord, Piper or Drummer.

“Twelve days of presents from your true love is great, but sharing the gift of unclaimed property could turn out to be even better,” Treasurer Garrity said. “It’s quick and easy to see if some of the $4.5 billion in unclaimed property safeguarded by Treasury belongs to you or someone on your Christmas list. I encourage everyone to search our website. We don’t have any partridges, turtle doves or French hens in the vault – but we do have some drums, and there’s always a chance that you might find out you have five gold rings waiting to be claimed!”

Unclaimed property includes things such as dormant bank accounts, uncashed checks, forgotten stocks, insurance policies, tangible property like the contents of abandoned safe deposit boxes, and more. In most cases, state law requires businesses to report unclaimed property to Treasury after three years of dormancy.

Tangible property may be auctioned after three years if the rightful owner does not come forward, and auction proceeds are kept in perpetuity for rightful owners to claim. Treasury never auctions military decorations and memorabilia.

In total, Treasury is seeking the owners of more than $4.5 billion in unclaimed property. More than one in ten Pennsylvanians is owed unclaimed property, and the average value of a claim is $1,600.

To search for unclaimed property, visit patreasury.gov/unclaimed-property.

 STACY GARRITY, STATE TREASURER
www.patreasury.gov

 

Information provided to TVL by:
Samantha Heckel