Louisiana to Distribute Over $34 Million in Unclaimed Property Checks on May 30, 2025

The Louisiana Department of Treasury is set to mail approximately 143,000 unclaimed property checks totaling over $34 million on Friday, May 30, 2025.

This initiative follows a data match with the Louisiana Department of Revenue to update addresses, ensuring rightful owners receive their funds.

State Treasurer John Fleming emphasized the authenticity of these checks, noting that skepticism often leads to uncashed funds. 
 

Understanding Unclaimed Property

Unclaimed property refers to financial assets that have been inactive or unclaimed by their rightful owners for a certain period.

In Louisiana, businesses are required to transfer such assets to the state treasury. Common examples include:

• Uncashed payroll checks

• Dormant bank accounts

• Unclaimed insurance proceeds

• Utility deposits

• Stock dividends

Currently, Louisiana holds approximately $1.2 billion in unclaimed property.

Statistics indicate that one in six residents has unclaimed assets, with the average claim amounting to $900. 
 

Eligibility and Claim Process

To be eligible for these funds, individuals must have unclaimed property registered under their name.

The state has streamlined the process by automatically mailing checks to verified addresses.

However, for claims exceeding the automatic check threshold, recipients will receive claim forms with instructions on how to proceed.

Residents can check for unclaimed property by visiting LaCashClaim.org or by calling the Unclaimed Property Division at 1-888-925-4127, available Monday through Friday, 7:30 A.M. to 4:00 P.M.
 

What to Expect

The checks will be blue and enclosed in window envelopes bearing the Louisiana Department of Treasury's return address.

Recipients are advised to be vigilant and not discard these envelopes, mistaking them for junk mail.
 

No Time Limit on Claims

There is no statute of limitations for claiming unclaimed property in Louisiana.

Even if the original owner is deceased, legal heirs can claim the assets by providing the necessary documentation.
 

Conclusion

With inflation impacting household budgets, reclaiming unclaimed property can provide timely financial relief.

Residents are encouraged to check for any unclaimed assets and ensure they receive what is rightfully theirs.

-

Don't miss out on money that's rightfully yours. Let us help you quickly search for unclaimed assets.

Start your free search now and see if you're owed a financial surprise!