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Dorchester County to Host Unclaimed Property Outreach Event

Post Date:07/11/2019 10:54 AM

Dorchester County Treasurer, Cindy Chitty wants to help county residents search for unclaimed property being held by the state. To further this initiative, Treasurer Chitty and County staff will participate in the July Third Thursday event on Thursday, July 18, from 5:30 PM – 8:30 PM. The Treasurer’s Office will be set up on Little Main Street in front of Hutchinson Square in downtown Summerville.

Currently, there is more than $650 million in unclaimed property across the state and more than $11 million due to residents, businesses and organizations in Dorchester County. Unclaimed property can include dormant bank accounts, uncashed checks, forgotten utility deposits, unclaimed insurance proceeds, and stocks. The State Treasurer’s Office serves as custodian of these funds until they are properly claimed.

State Treasurer, Curtis Loftis said “we appreciate the efforts of Treasurer Chitty and her staff to raise awareness about our Unclaimed Property Program. I constantly tell people you have better odds to find unclaimed property than win the lottery, and it’s a free service -- no ticket required. I am hopeful that Dorchester residents will come out and take part in this wonderful public service effort and claim the money that rightfully belongs to them.” 

Treasurer Chitty added, “I am very excited about providing an opportunity to help locate funds for Dorchester County residents and hope that we have a good turnout by County residents.”

Team Dorchester County has been working to locate some of the owners of the funds, specifically Janet Christine Lowery, Mary McIntyre, TR Yates C Long Trust, Sharon H Gresens, Muriel Plaisance, Ashley M Thomas and Deborah F Peek.

Residents not able to attend the July Third Thursday event can visit the State Treasurer’s website to look up their names and file claims online.

Representatives from the Dorchester County Auditor's Office will also attend the event to provide information on the Homestead Exemption Tax Credit. Dorchester County Auditor, JJ Messervy said, “this is a great community outreach event to spread the word about the homestead exemption and provide information on the qualifications and how eligible residents can apply.”