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re: Inactive Bank Accounts - Can the government take them?
Posted on 10/5/14 at 9:45 pm to LSURussian
Posted on 10/5/14 at 9:45 pm to LSURussian
sounds to me like the system is pretty reasonable and would only come into play in extreme circumstances....and even then, it is pretty easy to remedy...
thanks for the clarification....
thanks for the clarification....
2
Posted on 10/6/14 at 8:35 am to Spankum
Yeah, it's not really as bad as some people make it out to be.
If you are concerned, once a year, just call someone at the bank that has that account and ask them an account-related question. Just so they know you are still alive.
If you are concerned, once a year, just call someone at the bank that has that account and ask them an account-related question. Just so they know you are still alive.
Posted on 10/6/14 at 9:18 am to Spankum
quote:You're welcome.
sounds to me like the system is pretty reasonable and would only come into play in extreme circumstances....and even then, it is pretty easy to remedy... thanks for the clarification....
I was driving one day and my car radio was on the station that carries Glenn Beck. He was pontificating about the "government stealing bank accounts" when referring to dormant accounts escheating to the state.
It confirmed what I think about Beck. He's really dumb and does a disservice riling up listeners with his ignorance.
I guess his market niche is the industrial-strength paranoids out there.......
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