October 14, 2009

Track Down CA Unclaimed Cash – Part 2 of 2

(Part 2 of 2)

The total dollar amount for these funds in California averages $5 billion annually – imagine how much interest this accrues for the state! Sacramento attorney Bill Palmer who has battled in numerous cases involving CA unclaimed funds, has said that the state’s department was intended to be a lost and found for residents of California. Sadly, it was turned into a profit making ‘business’ in recent years.

The ban on the seizure of property by California has recently been lifted and the new CA State Controller, John Chiang, is making extra efforts in the form of widespread reforms in improving how his office is handling CA unclaimed money. There’s still a dire need though for Californians and residents of all other states across the U.S. to be informed about the presence of these monies and on how to do a thorough search for them.

£50k Lotto prize goes unclaimed (This is Hampshire)
A £50,000 lottery prize has gone unclaimed after the Hampshire winner failed to come forward.

Found money (The Photo News)
Ambulance corps discovers $9K; The state may be holding money for you, too

Millionaires surface on state’s unclaimed money website (ABC Action News Tampa Bay)
Florida’s chief financial officer is urging people to check if they have unclaimed money or property.

Billions in bonds sit unclaimed – Concord Monitor
Nearly 70 years ago, the federal government began issuing hundreds of billions of dollars in savings bonds to finance the greatest war effort in the nation’s history, with no less than President Franklin D. Roosevelt, who summoned patriotic Americans …

Unused gift-card money piles up as state unclaimed property – Denver Post
Remember that $50 gift card your Aunt Tillie gave you five Christmases ago to that store with the funky stuff you’d never use? Dig it out, if you can find it. It might still be worth something — even if it’s expired. Not at the store, perhaps, but …

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