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Treasurer Folwell to Present Check to Asheville Addiction Treatment Clinic

Treasurer Folwell to Present Check to

Asheville Addiction Treatment Clinic

Real Recovery Clinical Services

Helps to Provide Healing, Renewal

 

(Raleigh, N.C.) — State Treasurer Dale R. Folwell, CPA, will be returning a bundle of money to Real Recovery Clinical Services at its Asheville addiction treatment facility on Monday, July 25, as part of his continuing efforts to highlight the Department of State Treasurer’s (DST) Unclaimed Property Division (UPD).

Media attending Friday’s event will have an opportunity to ask Treasurer Folwell about NCCash.com. That is the repository for 17.6 million properties valued at $1.02 billion under DST’s custody awaiting return to the rightful owners. The treasurer also will field questions on other issues of interest during the event, which is open to the public.

Real Recovery officials will be on hand to discuss the treatment facility, which offers a wide portfolio of comprehensive, evidence-based substance use treatment services. State Rep. Caleb Rudow, D-Buncombe, plans to attend the event.

The treasurer will present a check for $13,342 to Real Recovery. UPD staff discovered the money during routine reviews of data in the system. They determined it belonged to Real Recovery, but had been diverted to the state’s escheats fund, maintained by DST.

For the just completed fiscal year through June 30, UPD paid a record-breaking 178,857 claims totaling more than $105.1 million from NCCash. Part of that total has been disbursed through the new NCCash Match program, a no-hassle, expedited system that eliminated paperwork processing. For the just completed fiscal year, DST paid 102,157 claims totaling about $35.3 million.

Under state law, UPD receives and safeguards funds that are escheated, or turned over, to DST. The unclaimed property consists of bank accounts, wages, utility deposits, insurance policy proceeds, stocks, bonds and contents of safe deposit boxes that have been abandoned. More information, including how to find out if you are owed money, can be found at https://www.nccash.com/.

 

What:          Check Presentation to Real Recovery Clinical Services

Who:           N.C. Treasurer Dale R. Folwell; State Rep. Caleb Rudow, D-Buncombe; Real Recovery Executive Vice President of Operations Chad Husted, Vice President of Operations Katharina Muth, Program Director George Mattfeld and Vice President of Government Relations Collan Rosier.

When:           Monday, July 25, at 9:30 a.m.

Where:          119 Tunnel Road, Suite F, Asheville