November 21, 2008

Unclaimed Cash in CA – Part 2 of 2

(Part 2 of 2)

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

The ban on the taking of property by CA has recently been lifted and the new CA State Controller, John Chiang, is making greater efforts in the form of sweeping changes in improving how his office is handling California unclaimed money. There is still a dire need though for Californians and Americans in all states across the U.S. to be informed about the presence of these properties and on how to do a thorough search for them and take back what belongs to them.

Unclaimed Treasure May Be Waiting For You (KMBC-TV Kansas City)
Thousands of people in the metro have cash waiting for them and they don’t even know about it.

Do you have unclaimed money lying around? – NEWS.com.au


NEWS.com.au
Do you have unclaimed money lying around?
NEWS.com.au, Australia - Nov 4, 2008
"Unfortunately, most Australians haven't checked to find out if they too have unclaimed money.'' When contacted by a member of the public, ASIC consultants

ASIC calls on WA to claim missing $1.3m – NEWS.com.au

ASIC calls on WA to claim missing $1.3m
NEWS.com.au, Australia - Nov 11, 2008
THE Australian Securities and Investments Commission has renewed its call for West Australians to stake their claim in over $1.3 million in unclaimed money.

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