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Event Hopes to Connect Shelby Residents with $109M in Unclaimed Property

Tennessee Department of Treasury

The Memphis Redbirds want to help you find missing money this weekend.

Well, kinda.

The Tennessee Unclaimed Property Division of the Tennessee Department of Treasury will help ‘Birds fans search for and possibly recover missing money during games on Friday and Saturday. The event is part of a traveling, statewide effort to help Tennesseans find unclaimed money.

How much money are we talking about here? Last year, the Unclaimed Property Division returned a record-breaking $48 million to 43,482 rightful-owning Tennesseans.

Any time a company owes a customer some money but can’t find them, the company has to remit the funds to the state. The money come from many sources, including refunds, insurance payouts, unpaid payroll or salary, college fees, utilities, and more.

More than $109.2 million is owed to 227,460 Shelby County residents right now, according to Treasury officials. Across Tennessee, there is about $819.7 million in unclaimed property.

Tennessee Department of Treasury

You can find Unclaimed Property officials at their booth on AutoZone Park’s main plaza starting at 6 p.m. Friday and 5 p.m. Saturday.

There, you can search the database for your name and those of your relatives. If officials do help you find some money, you can file a claim with them at at no charge.  
If you can’t make the games this weekend, search for missing money on your own at ClaimItTN.gov.

According to the state Unclaimed Property office, there is never a fee to claim unclaimed money and there is no time limit in which to make a claim: “It is held for the rightful owner or their legal beneficiaries until it is claimed.”