State Treasurer Michael Frerichs is set to return an unprecedented amount of unclaimed property to Illinois residents. The announcement, made by the Illinois Treasurer’s office on July 9, 2025, details plans to reunite individuals and businesses with a record-breaking number of outstanding checks, totaling millions of dollars.
This initiative underscores Treasurer Frerichs’ ongoing commitment to diligently managing the state’s unclaimed property, ensuring that funds rightfully belonging to citizens are returned to their rightful owners. Unclaimed property encompasses a wide range of assets, including uncashed checks, forgotten security deposits, and other financial assets that have been inactive for a prolonged period.
The Treasurer’s office routinely works to locate owners of these assets. This latest effort signifies a significant push to clear a substantial backlog and reconnect a larger number of Illinoisans with their money. Residents are encouraged to visit the Illinois Treasurer’s website to search for their names and claim any property that may be due to them. The process is designed to be straightforward and accessible.
This proactive approach by the Treasurer’s office not only benefits individuals by returning much-needed funds but also strengthens the state’s financial integrity by resolving outstanding obligations. The sheer volume of checks slated for return highlights the importance of this ongoing program and the Treasurer’s dedication to public service. Illinoisans are advised to check the official Illinois Treasurer’s website regularly for updates and to initiate the claims process if they find their names listed.
State Treasurer Michael Frerichs Will Return a Record Number of Checks to Illinoisans
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