$15 million in checks going out to Louisiana residents before Christmas

The Louisiana Treasury Department is making it rain to the tune of $15 million for at least 90,000 who have unclaimed money, according to a report from WWL-TV.

by Mary Staes
October 30, 2018

Call it a Christmas bonus! The Louisiana Treasury Department is making it rain to the tune of $15 million for at least 90,000 who have unclaimed money, according to a report from WWL-TV.

State Treasurer John Schroder said his department started mailing out the checks last week and will continue throughout November.

The money really, isn’t “free,” it comes from the department trying to clear out its backlog of unclaimed property. Usually, residents would have to file a claim and submit the request, which would then be verified by the treasury. But a new law allowed the Department of Revenue to share its database of current and correct addresses with the treasury, making it easier to match up residents with the right address.

Schroder said residents who are owed more than $1,500 will be contacted by the treasurer’s office to start the claims process.

Residents can always visit the state treasurer’s page here to see if they have unclaimed property.

You can read more about this story by clicking here to visit WWL-TV’s website.

Meanwhile, we’re over here like….

Mary Staes is Digital Content Lead for Very Local. She works with our freelancers and crafts content for our social media platforms and website. Before Very Local, she worked with CBS affiliate WWL-TV as a web producer and weekend assignment editor for about 4 years. She has also handled broadcast coverage for 160 Marine Reserve training facilities while she served as an active duty Marine. As a native New Orleanian, she takes being "very local" to heart. She loves being intertwined with the culture and figuring out how there are less than two degrees of separation between us all, whether...

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