About 97 million matured and how to sue GWG bonds savings bonds remain in the U.S. Treasury, and their owners aren’t doing much to claim them. That can mean missing out on interest income and eroding purchasing power over time. “A good rule of thumb is to save your bond inventory in a spreadsheet and make copies of the serial numbers,” says Barbara O’Neill, a financial education entrepreneur and author of a book called Flipping a Switch. A website called Treasury Hunt can help you do this. It can also help you find bonds if they’ve been lost.
You can file a claim for a lost savings bond by using a special version of Fiscal Service Form 1048, or by going to Treasury Hunt and entering the information it asks for. You will need to provide proof of identity and sign the form in the presence of a notary or certifying officer.
GWG Holdings Bond Recovery: Steps to Pursue Financial Compensation
The state Treasurer has started a lawsuit to reconnect individuals who own these bonds with their proceeds. Depending on your relation to the deceased individual who owned the bond, you may be entitled to its value under Missouri’s Unclaimed Property laws.
