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Florida Start Up Hopes to Make Recovering Unclaimed Property Easier

September 1st, 2020 by Jake Stofan

There’s over $60 billion spread across the country and some of it may be owed to you.

A Florida based start up company is hoping to make it easier than ever for you to track down and recover unclaimed property owed to you anywhere in the nation.

One of every four Americans has some money being held by a government that is rightfully owed to them, but searching all 50 state vaults would be time consuming, not to mention it can often be expensive to prove the money belongs to you.

“Every state had their own kind of paperwork process. Some states are more technologically advanced. Florida does a decent job at it,” said Chris Pompovitch, Co-Founder of ClaimFound.

Gainesville-based start up company ClaimFound.com hopes to centralize the process and make it easier for you to get back what you’re owed.

“You shouldn’t have to go to 50 different state websites. You should sign up with ClaimFound and never think about unclaimed money again. We’ll monitor your name and immediately alert you,” said Pompovitch.

Brandon Eagleston is one of the first to benefit.

He tracked down and recovered $160 through the site, after unsuccessfully trying to get the money through the state’s official site.

“It was a great time because I was starting a new career path into real estate. So the 160 actually helped me with the application fees and it’s helped me jump start this new career path,” said Eagleston.

Right now claim found is only operating in Florida, but ultimately the goal is to centralize all $60 billion worth of unclaimed property on the website.

The platform is free to use, but there are premium features that can help users recover more complicated claims.

“But that is purely optional and you can go through the process completely free on your own,” said Pompovitch

And the site also allows you to help out friends and neighbors who might have money out there.

You can visualize all of the unclaimed property on a map to see where the money is owed.

Just last year alone, Florida returned $323 million in unclaimed property.

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Eviction Moratorium Extended Again

September 1st, 2020 by Mike Vasilinda
Thousands of evictions are in the pipeline, but another 11h hour extension of the moratorium will keep people in their homes until the end of the month.

As the clocked ticked on the expiration of the eviction moratorium Monday morning, we asked the Governor if it would be extended.
“You’ll get news on that very soon,” said Governor DeSantis.
At 8:45 Monday night, with just over three hours remaining, evictions were postponed until October first.
“They destroyed the landlords,” said landlord Arik Lev.
Arik Lev owns eleven units in South Florida.
He said three simply refused to pay rent.
“That’s the way they told me. Some kind of instruction. I don’t know what better words to use in english, but oh, Governor says we don’t have to pay rent,” said Lev.
Thousands of eviction notices were filed in August, after the Governor limited it to just people impacted by COVID-19.
Prior to then, it applied to all evictions.
Once the Governor limited the protections. the Florida Apartment Association reported more tenants were willing to work out their past due rents.
“Which means housing providers likely prevent over 40,000 eviction filings statewide,” said Amanda Gill with the Florida Apartment Association.
The problem isn’t going away.
More than 300,000 unique unemployment claims were filed in August.
“And unfortunately, these eviction restrictions just kick the can down the road. They don’t help that individual get out of that financial hole that they are in at this time,” said Gill.
Both Arik and the Apartment Association want more help for landlords.
If your looking for help making rent, the Apartment Association reccomends checking to  see if some of the $250 million set aside from the CARES Act for rent assistance is still available from your local government.

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