Danville Treasurer’s Office to help city residents find missing money

Southside Virginia News

FILE – In this June 15, 2018 file photo, twenty dollar bills are counted in North Andover, Mass. Amid the pandemic-fueled recession, your job description and responsibilities may have changed. Whether you’ve taken on more tasks after employees were laid off or your household income has taken a hit, there are plenty of reasons to negotiate your salary even in tough times. (AP Photo/Elise Amendola, File)

DANVILLE, Va. (WFXR) – The City of Danville Treasurer’s Office will be hosting a virtual call event with the Virginia Department of Treasury’s Unclaimed Property Office to assist citizens with looking for money that may belong to them.

The event will take place on Wednesday, Dec. 1 and Thursday, Dec. 2 between 10 a.m. and 4 p.m. each day.

Between those times, residents may call the toll-free phone number 1-833-302-0704 to speak with a Treasury representative to begin their search.

Virginia’s consumer protection law requires businesses to turn any unclaimed property over to the Commonwealth which relieves businesses of the financial liability.

Virginia then holds the property as the custodian until the rightful owner, or heir files a claim.

Since the program’s inception in 1961, more than $912 million has been paid out to Virginians.

Unclaimed property consists of “abandoned assets or accounts” which are considered dormant due to inactivity.

This can include utility deposits, customer refunds, unpaid wages, money from insurance policies, securities and investments, bank accounts and tangible property.

Virginians can search the Commonwealth’s unclaimed property database by searching the free website, which can be found by clicking here.

For breaking news delivered to you, subscribe to WFXR’s breaking news email list

Get breaking news, weather, and sports delivered to your smartphone with the WFXR News app available on [Apple] and [Android]

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest News

More News

News Tip Form