7 On Your Side Recovers $11,000 in Unclaimed College Savings Funds for New Jersey Family
Eyewitness News ABC7NYNovember 5, 20252 min1,562 views
5 connectionsΒ·7 entities in this videoβUnclaimed College Savings Plan Funds
- π― A New Jersey family, the Sullivans, faced the disappearance of an $11,000 529 college fund started for their son, James, in 2015.
- β οΈ After the investment firm stated the funds were no longer with them and the family received no contact, they were unable to locate the money.
Search for Unclaimed Property
- π The family attempted to find the funds through the New Jersey unclaimed funds website, but James's name did not appear in the database.
- π‘ Despite six months of personal effort and frustration, the tenacious mother refused to give up on recovering her son's money.
7 On Your Side Intervention
- π After contacting Channel 7's "7 On Your Side" segment, the New Jersey Department of Treasury was engaged.
- β Within 24 hours, the Sullivans received the necessary paperwork to claim their unclaimed funds.
Successful Recovery
- π° James Sullivan was finally reunited with $10,855.99, marking a successful resolution to the decade-long search.
- π The family expressed immense gratitude to Nina Pineda and the "7 On Your Side" team for their crucial assistance.
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Whatβs Discussed
529 College Savings PlanUnclaimed PropertyNew JerseyInvestment FundsFinancial RecoveryConsumer AdvocacyCollege Savings
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