(Part 2 of 2)

One of the primary reasons for the inability of government to return forgotten money to the people it belongs to, they say, is the fact that they cannot be tracked down. The problem is, who would think that people like ZsaZsa Gabor, Angelina Jolie, Victoria Beckham, Gerri Halliwell, Brad Pitt, Keanu Reeves, Jennifer Lopez, Adam Sandler and Marlon Brando could be difficult to locate? Those names and the names of a number of other celebrities are just a few of the names in the Cali missing money list and yet they have never heard from the employees at the California Unclaimed Property Division. They’re all owed checks for unclaimed money by Cali amounting from hundreds to the thousands in Ms. Jolie’s case. This just shows Cali state employees’ interest in keeping this money in the general fund for them to balance the budget deficits for as long as they can. In fact, there was a recent ruling by a judge on CA abandoned assets, stating that the state was not making enough of an effort to locate the rightful owners and has temporarily halted the state’s s ability to seize it until a new policy of returning it to the actual owners was enacted.

The total amount of unclaimed money in CA averages five billion dollars annually – just imagine the amount of interest that generates for the state! Bill Palmer, an attorney in Sacramento who has represented numerous cases involving CA unclaimed property, said the state’s program was created to be a lost and found for California residents. Instead, it has been turned into a profit generating ‘business’ in the past few years.

The ban on the taking of property by CA has since been removed and the new California State Controller, John Chiang, is making extra efforts in the form of sweeping changes in improving how his office is handling California missing money. There’s still a great need though for Californians and Americans in all states across the U.S. to learn about the presence of these funds and on how to do a thorough search for them and take back what belongs to them.

–

Summer Sanity: Missing money awaits its rightful owner – The Star-Ledger – NJ.com

Summer Sanity: Missing money awaits its rightful owner The Star-Ledger – NJ.com, NJ - Aug 11, 2008 Beware of services that promise to find your unclaimed funds for a fee. They may do just that, but you can do it for free. To see if you have any unclaimed …

Money Q&A: CDs, inheriting houses, and unclaimed money (New York Daily News)
Q. I have a certificate of deposit in my individual retirement account that is maturing. What are the plusses and minuses of rolling it into my company’s 401(k) plan or into a Roth IRA?

AG: Site Claims Even Batman Has Unclaimed Funds – NewsNet5.com

AG: Site Claims Even Batman Has Unclaimed Funds NewsNet5.com, OH - 14 hours ago Pennsylvania's attorney general filed a suit against an unclaimed money Web site, saying it tells everyone they have missing fund. …

$40 million in rebate checks unclaimed in region (Chicago Tribune)
More than $40 million still unclaimed in region What if the federal government was giving money away but couldn’t find enough takers?

(Part 1 of 2)

The state of California’s unclaimed funds program takes in roughly three hundred million dollars each year. What’s it to you? Well, if you or anyone you know is or was a resident of the Golden State (or had any kind of business dealings, whether you knew it or not), part of that massive pile of Cali lost assets might easily belong to you!

Under the state of California unclaimed property law, lost money such as forgotten savings and checking accounts, cash and stock dividends, mineral deposits, uncashed checks and money orders, state of California unclaimed tax refunds, salary checks, gift certificates, and other assets are turned over to the Treasury Department if their owners don’t locate them within a certain time period. This ‘dormancy period’ varies from state to state, but in Cali it is 3 years. These lost assets then get moved to the California unclaimed property div, where they stay in the state’s general fund until they are returned to their rightful owners. This is where state officials who handled Cali unclaimed cash were criticized recently. It seems that they have been eager to locate and collect the lost assets from the establishments holding them but but weren’t so keen on tracking down the actual owners in the Cali unclaimed property database.

(to be continued)

–

Treasurer’s office looking to return residents’ money (Northwest Herald)
CRYSTAL LAKE – The office of Illinois State Treasurer Alexi Giannoulias will help area residents claim lost, forgotten and abandoned funds Wednesday at McHenry County College, 8900 Route 14.

Estate misnomers can cloud the picture – Winston-Salem Journal

Estate misnomers can cloud the picture Winston-Salem Journal, NC - 50 minutes ago But if your relative does not tell anyone about an asset, whether you have a will or not, and it goes unclaimed for a period of time, it must be escheated, …

$40 million in rebate checks unclaimed in region (Chicago Tribune)
More than $40 million still unclaimed in region What if the federal government was giving money away but couldn’t find enough takers?

Chicago seeks deal with state after city keeps unclaimed property – Chicago Tribune

Chicago seeks deal with state after city keeps unclaimed property Chicago Tribune, United States - Aug 11, 2008 The unclaimed property comes in a variety of forms, from uncollected city Board of Education paychecks and overpaid parking tickets to money confiscated by …

Mega Money $900000 prize winning ticket remains unclaimed – The News-Press

Mega Money $900000 prize winning ticket remains unclaimed The News-Press, FL - 1 hour ago TALLAHASSEE – The Florida Lottery announced today that a MEGA MONEY™ jackpot ticket worth $900000 remains unclaimed. The 180-day limit to claim the top …

(Part 2 of 2)

The total dollar amount for these funds in California averages five billion dollars annually – imagine how much interest that accrues for the state! Bill Palmer, an attorney in Sacramento who has fought in numerous cases involving California unclaimed property, has said that the state’s program was supposed to be a lost and found of sorts for Californians. Instead, it was turned into a profit earning ‘business’ in recent years.

The ban on the seizure of property by CA has since been lifted and the new CA State Controller, John Chiang, is making greater efforts in the form of widespread changes in improving how his office is handling California unclaimed property. There is still a great need though for residents of California and the other 49 states across the U.S. to be informed about the presence of these funds and on how to do a thorough search for them and take back what belongs to them.

–

Searching For Unclaimed Money – WXYZ

Searching For Unclaimed Money WXYZ, MI - Jul 14, 2008 Well, it looks like Peoples State Bank owes your daughter some money, and the state of Michigan is holding on to it.” Sharon Reid hit the unclaimed property …

Do you have unclaimed cash? – WZZM

Do you have unclaimed cash? WZZM, MI - 14 hours ago Online databases for unclaimed cash are frequently used by individuals hoping to get their hands on unclaimed money, but governments, businesses and even …

Illinois Treasurer and Chicago in Talks Over ‘Millions’ in Unclaimed Property (Chicago Public Radio)
Audio Available Illinois’ treasurer says the city of Chicago owes millions of dollars to the state.

(Part 1 of 2)

The state of California’s unclaimed property program takes in about three hundred million dollars annually. What’s it to you? Well, if you or someone you know is or ever was a resident of the Golden State (or had any kind of business dealings, whether you knew it or not), a chunk of that big heap of California lost assets could very well be yours!

Under the CA unclaimed funds law, lost money such as forgotten checking and savings accounts, uncashed checks and money orders, mineral deposits, salary checks, cash and stock dividends, state of California unclaimed tax refunds, gift certificates, and other financial assets are turned over to the Department of the Treasury if the rightful owners don’t come for them within a given period. This ‘dormancy period’ varies widely from state to state, but in California it is three years. These abandoned assets then go to the CA unclaimed property division, where they sit in the state’s general fund until they’re returned to the people they truly belong to. This is where officials working for the state who handled California unclaimed cash were criticized recently. It appears that they have been eager to locate and collect the lost assets from the various establishments holding them but but were less than enthusiastic about tracking down the owners in the California unclaimed property records.

One of the primary reasons for the inability of government give back forgotten money to its owners, they say, is that they can’t be located. The issue is, would would ever think that people like Angelina Jolie, ZsaZsa Gabor, Gerri Halliwell, Victoria Beckham, Keanu Reeves, Brad Pitt, Adam Sandler, Marlon Brando and Jennifer Lopez could be hard to find? Their names and the names of a number of other famous people are just a few of the names in the California missing money list but they have not heard from the employees in the California Unclaimed Money Division. They are all owed checks for forgotten funds by California ranging in amount from hundreds to the thousands as in the case of Angelina Jolie. This just shows California state employees’ interest in keeping this cash in the general fund for them to balance the budget deficit for as long as they can. In fact, there was recently a ruling by a federal judge on CA abandoned assets, saying that the state was not doing enough to return it to its rightful owners and for a while halted the state’s s ability to take and hold it until a better policy of returning it to the actual owners has been adopted.

(to be continued)

–

100-Year-Old Woman To Get $54 In Unclaimed Money (WSPA Spartanburg)
SPARTANBURG, S.C. (AP) – State Treasurer Converse Chellis is personally delivering a check to someone with unclaimed property. Chellis says he’s taking the check for $54.74 to 100-year-old Hattie Miller.

100-year-old woman gets $54 in unclaimed money (WIS News 10 Columbia)
State Treasurer Converse Chellis has personally delivered a check to someone with unclaimed property.

100-year-old woman gets $54 in unclaimed money – WIS

100-year-old woman gets $54 in unclaimed money WIS, SC - Aug 8, 2008 Miller says a niece found out she was owed the money after hearing about South Carolina's unclaimed property Web site. Chellis gave Miller her check at the …

Millions of unclaimed dollars in Hillsborough County – Tampa Bay’s 10

Millions of unclaimed dollars in Hillsborough County Tampa Bay’s 10, FL - Aug 7, 2008 People have until October 15 to file for their Economic Stimulus Checks. Use the form below to see how much unclaimed money is left in your city or zip … Saginaw County ranks 10th for unclaimed economic stimulus checks The Saginaw News – MLive.com all 2 news articles

(Part 2 of 2)

One of the main reasons for the inability of government give back forgotten money to residents, they say, is the fact that they can’t be located. The issue is, would would ever think that people like Jennifer Lopez, Victoria Beckham, Brad Pitt, Adam Sandler, Angelina Jolie ,Marlon Brando, Keanu Reeves, ZsaZsa Gabor and Gerri Halliwell would be difficult to track down? Their names and the names of a number of other famous people are just a few of the names in the California missing money database but they have not heard from the employees in the California Unclaimed Funds Division. They are all owed checks for lost assets by California amounting from hundreds to the thousands in Ms. Jolie’s case. This just proves California state officials’ interest in keeping this cash in the general fund for them to balance the budget deficits for as long as they can. As a matter of fact, there was recently a ruling by a federal judge on CA abandoned money, stating that the state wasn’t doing enough to locate the rightful owners and for a while halted the state’s s ability to seize it until a better policy of returning it to the actual owners was enacted.

The total dollar amount for these funds in CA averages five billion dollars annually – imagine how much interest this generates for the state! Sacramento attorney Bill Palmer who has represented a number of cases involving California unclaimed money, has said that the state’s department was supposed to be a lost and found for residents of California. Instead, it has been turned into a profit generating ‘business’ in the past few years.

The hold on the seizure of property by California has since been removed and the new California State Controller, John Chiang, is making greater efforts in the form of sweeping changes in improving how his office deals with California unclaimed property. There is still a great need though for residents of California and the other 49 states across the U.S. to be informed about the presence of these monies and on how to do a thorough search for them and take back what belongs to them.

–

100-year-old gets $54 in unclaimed money (WPDE-TV Myrtle Beach – Florence)
Thursday, August 07, 2008 at 12:22 p.m. (AP) — State Treasurer Converse Chellis is personally delivering a check to someone with unclaimed property.

Hawaii returns $5.9M in unclaimed property – Bizjournals.com

Hawaii returns $5.9M in unclaimed property Bizjournals.com, NC - Jul 22, 2008 The Hawaii Department of Budget and Finance said Tuesday it returned a record $5.9 million in unclaimed property in fiscal 2008. Between July 1, 2007, …

La. Residents Receive Thousands In Unclaimed Property – WDSU

La. Residents Receive Thousands In Unclaimed Property WDSU, LA - 5 hours ago Saturday was Unclaimed Property Awareness Day in the New Orleans area. The treasury returned a total of about $287000 of the $362 million of unclaimed money …

(Part 1 of 2)

The state of California’s unclaimed property department takes in approximately three hundred million dollars every year. Why should you care? Well, if you or someone you know is or ever was a resident of the Golden State (or ever had any type of business dealings, whether you were aware of it or not), a chunk of that big pile of California lost assets might easily belong to you!

Under the CA unclaimed funds law, abandoned assets like forgotten checking and savings accounts, uncashed checks and money orders, mineral deposits, salary checks, cash and stock dividends, state of California unclaimed tax refunds, gift certificates, and other financial assets are turned over to the Treasury Department if their owners don’t locate them within a given period. This ‘dormancy period’ varies widely from state to state, but in California it is three years. These forgotten funds then head to the CA unclaimed property division, where they stay in the state’s general fund until they are returned to the rightful owners. This is where officials working for the state in-charge of the California unclaimed cash were criticized recently. It seems that they have been all to happy to track down and take hold of the lost assets from the establishments holding them but but weren’t so keen on contacting the actual owners in the California unclaimed money records.

(to be continued)

–

100-Year-Old Gets $54 In Unclaimed Money (FOX Carolina)
State Treasurer Converse Chellis personally delivered a check to someone with unclaimed property on Thursday.

Roswell Park Gets $6000… So Might You? – WBEN 930

Roswell Park Gets $6000… So Might You? WBEN 930, NY - Aug 7, 2008 The money comes from unclaimed funds the state had been holding. DiNapoli reports that Erie County residents, businesses, and non-profits are currently owed …

100-year-old woman gets $54 in unclaimed money – WIS

100-year-old woman gets $54 in unclaimed money WIS, SC - 13 hours ago Miller says a niece found out she was owed the money after hearing about South Carolina's unclaimed property Web site. Chellis gave Miller her check at the …

Comptroller returns unclaimed funds – WIVB

Comptroller returns unclaimed funds WIVB, NY - Aug 7, 2008 State Comptroller Thomas DiNapoli was at Roswell Park Thursday morning to return more than six thousand dollars worth of unclaimed funds held in the cancer …

(Part 2 of 2)

The total amount of unclaimed money in California averages five billion dollars annually – imagine how much interest that accrues for the state! Bill Palmer, an attorney in Sacramento who has represented many cases involving California unclaimed property, has said that the state’s department was supposed to be a lost and found for California residents. Instead, it was turned into a profit earning ‘business’ in the past few years.

The hold on the taking of property by California has now been removed and the new CA State Controller, John Chiang, is making extra efforts in the form of sweeping reforms in improving how his office handles California missing money. There is still a great need though for residents of California and the other 49 states across the U.S. to be informed about the presence of these properties and on how to perform a thorough search for them.

–

100-year-old woman get $54 in unclaimed money (The State)
State Treasurer Converse Chellis has personally delivered a check to someone with unclaimed property. Chellis says he took the check for $54.74 to 100-year-old Hattie Miller on Thursday because Miller might be the oldest person to ever receive unclaimed property in the country. Miller says a niece found out she was owed the money after hearing about South Carolina’s unclaimed property Web site. …

31000 stimulus checks unclaimed in Maine – Boston Globe

31000 stimulus checks unclaimed in Maine Boston Globe, United States - 12 hours ago … tax agencies and private service groups will help thousands of Mainers who have not claimed their economic stimulus checks to get their money. …

68 Million—Unclaimed $$ Owed Central Ohioans – NBC4i.com

68 Million—Unclaimed $$ Owed Central Ohioans NBC4i.com, OH - 6 hours ago By Laurie Omness Almost a quarter million Ohioans have 68 million dollars in federal stimulus money with their names on it. The only thing keeping them from …

(Part 1 of 2)

The state of California’s unclaimed funds department takes in about 300 million dollars each year. Why should you care? Well, if you or someone you know is or ever was a resident of the Golden State (or ever had any type of business dealings, whether you knew it or not), a chunk of that big heap of Cali forgotten funds might very well be yours!

Under the CA unclaimed property (or escheat) law, lost money like forgotten checking and savings accounts, uncashed checks and money orders, mineral deposits, salary checks, cash and stock dividends, state of California unclaimed tax refunds, gift certificates, and other financial assets are passed along to the Treasury Dept. if the rightful owners don’t locate them within a given period. This ‘dormancy period’ varies from state to state, but in Cali it is 3 years. These forgotten funds then go to the CA unclaimed property division, where they wait in the state’s general fund until they are returned to their rightful owners. This is where state employees who handled Cali unclaimed cash were recently criticized. Seems that they have been all to happy to locate and collect the lost funds from the establishments holding them but but were less than enthusiastic about tracking down the actual owners in the Cali unclaimed property database.

One of the main reasons for the inability of government to return forgotten money to its owners, they say, is that they cannot be tracked down. The issue is, would would ever think that people like Jennifer Lopez, Victoria Beckham, Brad Pitt, Adam Sandler, Angelina Jolie ,Marlon Brando, Keanu Reeves, ZsaZsa Gabor and Gerri Halliwell could be hard to find? Their names and the names of a number of other celebrities are just a few of the names in the Cali missing money list but they have not heard from the officials in the California Unclaimed Funds Division. They are all owed checks for unclaimed money by Cali amounting from hundreds to the thousands in Ms. Jolie’s case. This proves once again Cali state employees’ interest in holding this cash in the general fund for them to balance the budget deficit for as long as they possibly can. In fact, there was a recent ruling by a federal judge on CA abandoned assets, saying that the state was not making enough of an effort to return it to its rightful owners and for a while halted the state’s s ability to take and hold it until a proper method of returning it to the actual owners has been adopted.

(to be continued)

–

$9 billion in unclaimed funds – News 10NBC

$9 billion in unclaimed funds News 10NBC, NY - Jul 31, 2008 State Comptroller Thomas DiNapoli said, "New York has $9 billion in unclaimed fund accounts. We want to return this money to its rightful owners. … Does the state owe you money? MPNnow.com all 2 news articles

Online auction held for IN unclaimed property – WFIE-TV

Online auction held for IN unclaimed property WFIE-TV, IN - Aug 5, 2008 The online auction sells unclaimed property that has been turned over to the state from safe deposit boxes. The money collected from the item is held on to …

Many Florida Seniors Haven’t Claimed Stimulus Checks (The Tampa Tribune)
Some Floridians say confusion has kept them from claiming their economic stimulus checks. There are more than 405,000 Floridians who have not claimed their checks. The bulk of the unclaimed money belongs to seniors. You have to file a tax return to get paid but many seniors stopped filing years ago.

80,000 state stimulus checks unclaimed (The Oklahoman)
TULSA == For thousands of Oklahomans, the check is still not in the mail. Almost 80,000 Oklahomans have not claimed stimulus checks approved by Congress earlier this year to boost the nation’s slowing economy, the Tulsa World reported from its Washington bureau. The Center on Budget and Policy Priorities says those unclaimed rebate checks total $23.8 million. In Tulsa County, checks could be …

(Part 2 of 2)

One of the main reasons for the government’s inability give back forgotten money to residents, they claim, is that they can’t be tracked down. The problem is, who would think that people like ZsaZsa Gabor, Angelina Jolie, Victoria Beckham, Gerri Halliwell, Brad Pitt, Keanu Reeves, Jennifer Lopez, Adam Sandler and Marlon Brando could be hard to find? Their names and the names of several other famous people are just a few of the names in the Cali missing money database and yet they haven’t heard from the officials at the California Unclaimed Money Division. They are all owed checks for unclaimed money by Cali amounting from hundreds to the thousands as in the case of Angelina Jolie. This just proves Cali state officials’ interest in keeping this cash in the general fund for use in balancing the budget deficit for as long as they can. In fact, there was recently a ruling by a judge on CA abandoned assets, stating that the state was not trying hard enough to locate the rightful owners and for a while halted the state’s s ability to seize it until a better policy of returning it to the actual owners was enacted.

The total dollar amount for these funds in California averages $5 billion annually – just imagine the amount of interest that accrues for the state! Sacramento attorney Bill Palmer who has fought in many cases involving California unclaimed money, said the state’s department was created to be a lost and found of sorts for Californians. Instead, it was turned into a profit generating ‘business’ in the past few years.

The hold on the seizure of property by California has now been removed and the new California State Controller, John Chiang, is making greater efforts in the form of widespread reforms in improving how his office handles California unclaimed money. There is still a dire need though for residents of California and the other 49 states across the U.S. to be informed about the presence of these monies and on how to do a thorough search for them.

–

Ind. officials seek unclaimed property owners (Louisville Courier-Journal)
From forgotten utility deposits to coins and jewelry left in bank boxes, state seeks to find the rightful owners.

State of Illinois May Owe You Some Money – WREX-TV

State of Illinois May Owe You Some Money WREX-TV, IL - 11 hours ago Thousands of people across northern Illinois may be eligible for a piece of $1.4 billion in unclaimed property. The state is issuing an updated list of … State makes 'Cash Dash' part of Montgomery Fest Aurora Beacon News all 2 news articles

Lots Of Area People Have Money Waiting For Them; Local Governments Too – NorthEscambia.com

Lots Of Area People Have Money Waiting For Them; Local Governments Too NorthEscambia.com, FL - Jul 31, 2008 There are 13 people with last names that being with “M” in the Molino zip code with unclaimed money…people with last names like Miller, Milstead and Morgan. …

(Part 1 of 2)

The state of California’s unclaimed money department takes in about $300 million each year. What’s it to you? Well, if you or someone you know is or has been a resident of the Golden State (or had any kind of business dealings, whether you were aware of it or not), part of that massive pile of Cali missing money could easily be yours!

Under the California unclaimed funds law, lost money like forgotten savings and checking accounts, cash and stock dividends, mineral deposits, uncashed checks and money orders, state of California unclaimed tax refunds, salary checks, gift certificates, and other assets are handed over to the Treasury Department if their owners don’t come for them within a certain time period. This ‘dormancy period’ varies widely from state to state, but in Cali it’s 3 years. These forgotten funds then head to the California unclaimed property division, where they sit in the state’s general fund until returned to the people they truly belong to. This is where state employees who handled Cali unclaimed cash were recently criticized. It seems that they were all to happy to locate and collect the lost funds from the establishments holding them but but were less than enthusiastic about tracking down the actual owners in the Cali unclaimed money records.

(to be continued)

–

Lots Of Area People Have Money Waiting For Them; Local Governments Too – NorthEscambia.com

Lots Of Area People Have Money Waiting For Them; Local Governments Too NorthEscambia.com, FL - Jul 31, 2008 There are 13 people with last names that being with “M” in the Molino zip code with unclaimed money…people with last names like Miller, Milstead and Morgan. …

Md. Tracking Down Residents With Unclaimed Property (NBC4 Washington, D.C.)
Maryland residents could get unexpected checks in the mail starting Monday.

$200000 Powerball lottery prize goes unclaimed – Lottery Post

$200000 Powerball lottery prize goes unclaimed Lottery Post, NJ - 17 hours ago Just because none could produce the winning ticket, it didn't prevent at least 100 people from trying to claim the money as their own. …