An initiative to help residents reclaim forgotten assets is set to take place in Charlottesville this Friday. Organized by the Virginia Treasury and the local Treasurer’s Office, the Unclaimed Property Name Search Event will allow visitors to search for and claim any lost property owed to them. This includes dormant bank accounts, unused securities, uncollected insurance payments, utility refunds, and other overlooked checks. By bringing awareness to these resources, officials hope to reconnect rightful owners with their inactive financial holdings.

The event will occur at City Hall from 10 a.m. to 2 p.m., where representatives from the state’s Department of Unclaimed Property will assist attendees in navigating the process. Such properties often become unclaimed due to changes in address, forgotten accounts, or lack of communication between institutions and individuals. Through this outreach effort, authorities aim to simplify the recovery process for residents of Charlottesville and surrounding areas.

During the session, participants will have the opportunity to access the State's Unclaimed Property Database directly under expert guidance. Experts will be available to answer questions about the types of assets that qualify as unclaimed and provide detailed steps for initiating a claim. This marks an essential step toward ensuring that all eligible citizens can regain control over their financial history.

Residents are encouraged to attend and explore potential claims they may not even realize exist. Those unable to visit on Friday can still reach out to the Treasurer’s Office via email or phone for further details and support. Engaging with such programs underscores the importance of staying informed about one’s financial rights and responsibilities.

By attending this event, community members stand to benefit significantly, gaining access to funds or assets long thought lost. It highlights the ongoing commitment of both state and local governments to promote transparency and accountability in managing public resources.