Unclaimed funds are monies deposited into the court's registry fund resulting from an owner or recipient who is entitled to the money, but who has failed to claim ownership of it. Most unclaimed funds arise when dividends (assets) are distributed by the trustee to creditors pursuant to settlement of a bankruptcy case, but the property goes unclaimed or the check is not negotiated.
Individual claimants desiring to recover funds previously submitted into the court's registry fund may do so by filing a motion and a notice of hearing, including proof of identity. All other claimants must be represented by a lawyer who is a member in good standing of the North Carolina State Bar.
For more information, please see Local Rule 3011-1 in our Local Rules.