Finding unclaimed money in Massachusetts (MA) can be a surprisingly rewarding process. This guide provides a comprehensive overview of how to search for and claim these forgotten funds held by the United States Bankruptcy Court for the District of Massachusetts.
Searching for Unclaimed Funds in MA
The U.S. Bankruptcy Court holds unclaimed funds deposited by bankruptcy case trustees. To search for potential unclaimed money belonging to you or your business:
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Obtain a PACER Account: Register for a Public Access to Court Electronic Records (PACER) account at http://www.pacer.gov/. This system provides access to federal court records, including information on unclaimed funds.
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Access the Court’s ECF System: Log into the Court’s Electronic Case Files (ECF) system using your PACER credentials: https://ecf.mab.uscourts.gov/.
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Generate the Unclaimed Funds Report: Navigate to “Reports” in the top menu, then select “Unclaimed Funds.” Refine your search using specific dates or other criteria to narrow down the results.
Applying for Unclaimed Money in MA: A Step-by-Step Guide
The process of applying for unclaimed money in Massachusetts involves a specific application and adherence to court procedures.
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Use the Required Forms: Download and carefully complete the standardized Application for Payment of Unclaimed Funds, following the instructions provided by the Court. Refer to Standing Order 2021-01 for specific requirements: /sites/mab/files/so2021-01.pdf.
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Original Signatures and Notarization: Ensure all required signatures are original and notarized. For documents notarized outside the U.S., consult the relevant embassy for specific requirements.
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Provide Photo Identification: Include a copy of a government-issued photo ID with your application.
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Document Name or Address Changes: If your current name or address differs from the one on file with the Court, provide supporting documentation such as a legal name change document or a previous utility bill.
Working with Funds Locators in Massachusetts
Funds locators are private companies that help individuals find and claim unclaimed money for a fee. If you choose to use a funds locator:
- Verify Documentation: Ensure the funds locator provides all necessary documentation, including a copy of their agreement with you.
- Understand Payment Procedures: While funds locators can assist with the application process, the court will issue the check directly to the claimant, not the locator.
Claiming Unclaimed Money for Defunct Businesses in MA
Claiming unclaimed money for a defunct business requires specific documentation to prove entitlement. It’s highly recommended to consult with legal counsel for guidance in this situation.
Filing Your Application: Online and by Mail
You can file your application electronically through the ECF system (for authorized attorneys) or by mail:
Mailing Address:
United States Bankruptcy Court
District of Massachusetts
Attn: Finance Department
5 Post Office Square, Suite 1150
Boston, MA 02109-3945
Claim Processing and Inquiries
The Finance Department reviews applications for completeness and verifies the availability of funds. The process can take time, and you may receive a deficiency notice if your application is incomplete. For questions regarding a filed application, contact the Finance Department at 617-748-6614.
Essential Forms and Instructions for Unclaimed Money in MA
- Application for Payment of Unclaimed Funds: /sites/mab/files/OLF%2023%20%282024%29%284%29.pdf
- Corporate Forms (for Business Entity Claimants): /sites/mab/files/Corporate_Form.pdf
- Form W-9: https://www.irs.gov/uac/About-Form-W9
- Proposed Order Approving Application: /sites/mab/files/Proposed_Order_Approving.pdf
- Additional Instructions: /sites/mab/files/Unclaimed%20Funds%20Instructions%205%2024.pdf
