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Stubborn Old Mule

September 5th, 2013 at 10:13 am

The title refers to me, myself, and I. I'm pretty good at letting most things go, but some things just really chap my hide ... and then I'm like a dog with a bone.

In my financial paperwork, I have a "Receivables" file. We have 2 receivables:

1. $100 deposit paid to propane company when we established service at our house, won't be paid back until we move or die! (I also list this deposit on our assets when I calculate our net worth, as a regular reminder to claim it if we move.)

2. $xx Capital Credit from scandal-ridden (board members have been sentenced to jail) Pedernales Electric Cooperative from when we were in our apartment - to be paid when we die or 30 YEARS out!

I have left notes in the files for my executor sister asking her to call the companies and claim our money if DH & I both die.

In the grand scheme of things, $1xx really makes no difference. But it bothers me that those companies can keep my money for what essentially amounts to an indefinite period of time. So no, I'm not going to just let that money be forgotten about, which is what I'm sure those companies are counting on. Sorry utility companies, it's MY money. I may never see it again, but I've done what I can to make sure my heirs will!

4 Responses to “Stubborn Old Mule”

  1. MonkeyMama Says:

    Those are things that would drive me batty!

  2. CB in the City Says:

    They'll give you your money back when you DIE???? Those are hard terms. Doesn't even sound legal to me.

  3. PatientSaver Says:

    Yeah, that doesn't sound right to me. Why should they have use of your money for nearly ever and ever? I don't see any reason why they should hold onto it. Any chance you could make time to call your DPUC and inquire whether it's legal?

  4. scfr Says:

    I did call our Railroad Commission (regulate gas companies here in Texas) when I first found out about the propane deposit when we moved to this house; it is legit. The so-called electric "co-op" was formed as a co-op in part to skirt government regulations.

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