Missouri State Treasurer advertising unclaimed property - KMOV.com

Missouri State Treasurer advertising unclaimed property

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ST. LOUIS, Mo. (KMOV.com) -

Missouri State Treasurer Eric Schmitt is trying to get the word out that people may have unclaimed property they don't even know about. His office is taking out ads in local papers to let people know. 

"This is kind of our advertising blitz," said Schmitt. 

His office is trying to return nearly a billion dollars of unclaimed property. 

"It's bank accounts, it's pay checks people didn't receive, insurance proceeds," said Schmitt.

While the average claim is $300, sometimes the money can add up. 

"There was actually a family in St. Charles that had $3,000 coming to them. It literally changed their lives. They were able to pay some bills that had been outstanding and get them back on their feet," said Schmitt.

While his office has staff dedicated to reaching out to people about unclaimed property year round, right now they are really trying to clear out the closet.

"It's pretty unusual in government. We're not taking anything away. We're giving money back," said Schmitt.

Schmitt says one in ten Missourians has unclaimed property.

"It's part of our job to get that money back to people and we are working hard every day to do that," said Schmitt.

They are also trying to reunite family members with safe deposit boses filled with military medals earned by loved ones.

You can check for yourself at www.showmemoney.com

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