Don’t Miss Out: Michigan Residents Could Be Owed Thousands

They say that there are two things in life that are certain - death and taxes. And they're right. We're all going to die someday, and sadly, we all have to pay taxes.

But, it's possible that you've overpaid on yours, and the State of Michigan could owe you a decent chunk of change.

Michigan recently updated its unclaimed property portal, so it's definitely worth taking a look at to see if you're owed some money.

Michigan's Unclaimed Property Portal

The unclaimed property portal isn't new - it's been around for years. But it doesn't get updated in real time. Which means it's worth taking a look at it every few months to see if you're owed any money.

READ MORE: Want to Call Your Local Michigan ALDI Store? You Can't. 

And it's not just overpayment on things like taxes. The state's portal also has unclaimed property that is owed to Michiganders from places like cities, counties, banks, and insurance companies.

A quick search of my own last name showed me that I'm not owed any money from the state, but a lot of people who share my last name are. And, as you can see, it's from various places.

Michigan's Unclaimed Property Program Has Been Revamped

If you've ever looked at the site before and seen that you're owed money, but then thought that the process seemed too complicated, you're in luck. The State of Michigan has revamped both the website and the process for reclaiming unclaimed property.

How to Search for Unclaimed Property in Michigan

Checking to see if you have unclaimed property is easy. You just visit the Unclaimed Property website and enter a name or business name. If you discover that money is owed to you, you just follow step-by-step instructions, and you can file your claim online.

How Much Money Could You Get Back?

In some cases, you may be owed less than a hundred dollars, but every dollar counts these days, right? Some folks in a recent Reddit thread were saying that they got back as much as $5,000!