Shreveport! You Could Be Owed $1.2B in Unclaimed Cash

There is currently $1.2 billion of unclaimed cash sitting in a Louisiana state office somewhere, and the people of Shreveport could have a chunk of that cash waiting for them. Could you have cash waiting?

Read on to find out how to check if you've got cash waiting with your name on it.

Thousands in Shreveport Could Be Owed Money - Here's Why

The Louisiana Department of Treasury holds on to "unclaimed property," and no, that doesn't mean physical pieces of property like land or a house. Abandoned bank accounts you forgot about, unclaimed tax refund checks, and insurance payouts are all examples of what is considered unclaimed property.

For example, let's say you close your old bank account and forget to withdraw the remaining $25. Well, the bank will take that money and give it to the State Treasury with your name on it, then they hold on to it for you.

People in Shreveport Could Be Owed Big Bucks - Is Your Name on the List?

Thousands of residents in Shreveport might be missing out on money that is already theirs. The process to claim any unclaimed property from the State Treasury is completely free, and it's easy.

The Louisiana State Treasury has a website, LACashClaim.org, where any resident can search their name in the database of all unclaimed property held by the state. If you find your name listed in the database, you can simply claim your cash right there on the website.

State Treasurer John Fleming has even gone out of his way to make some claims personal. One woman in Caddo Parish had an estimated ~$16,000 being held by the Treasury that was hand delivered to her by Treasurer Fleming.