The amount and variety of unclaimed property in New Hampshire is larger than one would think. Sometimes it happens when people move and forget to reclaim their utility deposits or over-payments; other times, people may die and leave some money squirreled away in separate checking or savings accounts. Laws regarding New Hampshire unclaimed property and its reversion to the state, also known as New Hampshire escheat or escheat New Hampshire, also mean that business owners have legal obligations if they come into possession of unclaimed property.
The list of unclaimed property in NH includes, but is not limited to, stocks, checking/savings accounts, death benefits, vendor checks, over-payments, CDs, paid life insurance, uncashed checks, unpaid wages, money orders, credit balances, refunds, dividends, commissions, insurance payments, gift certificates, and customer deposits.
1. Know the laws regarding escheatment in New Hampshire and how it affects you as a business owner.
2. Search New Hampshire abandoned property to see if you have forgotten some assets.
3. Find an auction featuring abandoned property in New Hampshire.
Action Steps
The best contacts and resources to help you get it done
Know your obligations regarding NH unclaimed property
As a business owner, you're typically required to report and remit unclaimed property in New Hampshire. If someone forgets to pick up a deposit or a check, make sure you know what your legal obligations are regarding escheat New Hampshire.
I recommend: Go to the New Hampshire Treasurer's website for
Holder Reporting instructions. For an outside source on NH escheat reporting requirements, try the
Business Owner's Toolkit.
Search New Hampshire state unclaimed property to ensure your business hasn't left some assets behind
It may be a long shot, but why not perform a New Hampshire unclaimed property search to make sure your business doesn't have some assets floating around out there somewhere? This makes even more sense if your business has been around for a long time or it has a long string of former owners. You might be pleasantly surprised to find that one of the former owners neglected to retrieve some NH unclaimed property or even some unclaimed land in New Hampshire that still belongs to your business.
I recommend: Go to the
New Hampshire Treasurer's Abandoned Property website for information on searching for and claiming abandoned property. Or search for New Hampshire unclaimed property at
MissingMoney.com or
CashUnclaimed.com.
Find state of New Hampshire unclaimed property at auctions
State and local governments, as well as police agencies, sometimes dispose of unclaimed properties in New Hampshire through auctions. If you like auctions, it can be a good way to save your business some money
I recommend: PropertyRoom.com auctions unclaimed and seized property from police forces in New Hampshire and elsewhere.
JustAuctions and
Government-Auctions-Guide.com feature unclaimed properties in NH, as well as foreclosures and seized property.
Tips & Tactics
Helpful advice for making the most of this Guide
- Be wary if approached by someone who wants money for information on NH abandoned property; you can get the same information on your own for free
The official source of Unclaimed Property in New Hampshire is
the Unclaimed Property in New Hampshire page at Business.com
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