TBA Law Blog


Posted by: Azya Thornton on Aug 8, 2025

The Tennessee Department of Treasury has returned $125 million in unclaimed property to its rightful owners or their heirs so far this year. According to a press release, this total is double the $62.5 million paid out in 2024 and exceeds the previous record of $68.7 million by more than 80%. The funds come from unclaimed property turned over to the state by businesses and organizations, including uncashed paychecks, utility refunds, rental deposits, gift certificates and abandoned bank accounts. Tennesseans can search for unclaimed property at ClaimItTN.gov.