The Oregon State Treasury will be proactively returning approximately $10 million in unclaimed property this month to individuals as part of the agency’s 2024 ‘Checks Without Claims’ initiative.
Through ‘Checks Without Claims’, Treasury will proactively disburse payments to over 25,000 verified owners of unclaimed property reported to the state’s Unclaimed Property Program in 2021 and 2022. Payments, via check, will be mailed to individuals this month and accompanied by an additional confirmation letter from the Treasurer Tobias Read.
Payments distributed through ‘Checks Without Claims’ represent unclaimed property reported to the state in 2021 and 2022 by various businesses and organizations that were unable to return funds to the rightful owner.
Typically, individuals need to file a claim with Oregon’s Unclaimed Property Program and complete the verification process to receive the funds they are owed. Treasury conducts ‘Checks Without Claims’ to proactively verify some owners of unclaimed assets and facilitate payments directly to them. Checks distributed will vary in amount between $50 and $10,000.
Searching for unclaimed funds is free. Individuals are encouraged to visit Treasury’s unclaimed property website at unclaimed.oregon.gov.
