Unclaimed Funds are funds held by the court for an owner or recipient who is entitled to the money, but who has failed to claim ownership of it. Unclaimed funds may arise out of a variety of circumstances, such as: delivery of a payment may not be possible because of faulty or incomplete address information for the recipient, proceeds or uncashed dividend checks from bankruptcy cases, unclaimed seaman’s effects, dividends from stock certificates seized by federal agencies and criminal restitution or other fines may not have been claimed by the parties, agencies, next of kin, or other recipients entitled to them.
Local Bankruptcy Rule 3011-1, sets out the requirements for the deposit and the disposition of unclaimed funds. Click to view the Local Bankruptcy Rule.
CLICK HERE to access the U. S. Bankruptcy Unclaimed Funds Locator. Select DCB (District of Columbia Bankruptcy Court) from the court drop-down list and enter the applicable search criteria.
To apply for payment of unclaimed funds, claimants must complete the application package and file it with the Clerk of Court. Click here to view: Application Package