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Outdated systems and backlog delay Marylanders' access to unclaimed property; the state is working to fix that

Outdated systems and backlog delay Marylanders' access to unclaimed property; the state is working to fix that
The article from MSN discusses the challenges Maryland residents face in accessing unclaimed property due to outdated systems and a significant backlog. Maryland Comptroller Brooke Lierman has acknowledged these issues and is actively working to modernize the system. The state holds over $1 billion in unclaimed property, which includes forgotten bank accounts, uncashed checks, and other financial assets. Efforts are underway to streamline the process, reduce the backlog, and make it easier for individuals to claim what is rightfully theirs. The comptroller's office is implementing new technology and procedures to enhance efficiency and transparency in managing and returning unclaimed property.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/outdated-systems-and-backlog-delay-marylanders-access-to-unclaimed-property-the-state-is-working-to-fix-that/vi-AA1zqU6g ]