DENVER, COLO. - Today, Colorado Treasurer Walker Stapleton announced the start of the 2014 Great Colorado Payback, a campaign put on every year to raise awareness about Colorado’s unclaimed property division and encourage Coloradans to check for their name in the database that includes thousands of individuals, corporations, schools, hospitals and small businesses.
“We’ve all got busy lives, and it’s easy to forget about that old safety deposit box or misplace a rebate check,” Stapleton said. “But just because you forgot about it doesn’t mean it’s lost forever. Colorado law requires that those unclaimed assets are turned over to the State Treasurer, and it is our goal to get that money back to the people it belongs to.”
Stapleton is safeguarding over $600 million of forgotten funds and assets, and he is encouraging everyone to visit the website www.GreatCOPayback.com or call 800-825-2111 to see if their name is in the database of unclaimed property.
Unclaimed property and cash are turned over to the state once a business is unable to make contact with the owner for five years. While the most common type of unclaimed property is cash, the Treasurer’s Office is also trying to track down the owner of a dozen diamonds, a silver brick, and a Babe Ruth baseball card.