Grayson County residents claim cash at unclaimed property event - KTEN.com - No One Gets You Closer

Grayson County residents claim their cash at unclaimed property event

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GRAYSON COUNTY -- Friday is payday for some but many who participated in an unclaimed property event in Sherman can count on a little extra cash coming their way.

Friday, Grayson County residents and businesses had the chance to cash in on money they didn't know they were owed.

Kathy Garrison is the superintendent for Tom Bean ISD. She came to the unclaimed property event and claimed more than $600 for her district.

"It's going to be very useful. It's like Christmas in August," Garrison said.

Garrison is among dozens who searched a state database matching people and businesses with money owed to them that was never paid. The Texas Comptroller's Office says it's holding $3 billion owed to all Texans. By law, if an entity is unable to find the moneys rightful owner in a certain time frame, the money must be turned over to the comptroller.

Alvaro Lara claimed more than $200 turned over to the Comptroller's Office from a former employer.

"I wasn't sure I was going to get something, but I am happy to get $247," Lara said.

Representatives with the Comptroller's Office hosted the event at the Grayson County courthouse at the request of Grayson County Treasurer Trent Bass.

Bass says Grayson County residents alone are owed about $7.2 million.

"If we can have an impact on the amount of money they have and get it back into the local economy, that's good for everybody," Bass said.

Money owed can come from a variety of sources, for example, unpaid cable deposits, bill overpayments or forgotten bank accounts.

In the first hour of Friday's event, the Comptroller's Office says about $50,000 were claimed.

"It's always good to see people finding money they didn't know that they had, and one out of four Texans do have unclaimed money, so we get a lot of smiling faces," said Amy Redmond, unclaimed property outreach specialist.

William Bartolomucci went home after claiming $70, money, like most, he never knew he was owed until today. "We can buy lunch!" he said.

Anyone not able to make it to the event can still search the state's database, www.claimitTexas.org or call 1-800-654-FIND (3463).

Unclaimed property search event scheduled for Friday in Grayson
[Posted: Aug 19, 2013 10:51 AM CDT]
When: Friday, August 23

Where: Grayson County Courthouse
2nd Floor Assembly Room
100 West Houston Street
Sherman, TX 75090

What to bring:

You do not have to show ID to search, but if you are filing a claim, you will need a picture ID and proof of SSN to speed up the approval process. 

Grayson County Treasurer Trent Bass is proud to partner with the Texas Comptroller's Unclaimed Property Outreach Team to host an Unclaimed Property Search Event.

Texas has more than $3 billion in unclaimed property that it is keeping safe until the rightful owners can claim it. We are inviting you to come out to search for and claim what is rightfully yours. One out of four Texans has unclaimed property. You could be one of them.

www.ClaimItTexas.orgFor more information, contact County Treasurer Trent Bass at 903-813-4252

10 a.m. to 6 p.m.