(Part 2 of 2)

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

The ban on the taking of property by California has since 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 deals with California unclaimed property. There is still a great need though for Californians and Americans in all states across the U.S. to be informed about the presence of these monies and on how to perform a thorough search for them.

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More Coloradans Claiming Old Money, Valuables (KMGH 7 Denver)
The state of Colorado is holding more than $500 million in unclaimed property and money.

Thousands owed unclaimed IRS refunds – WABC
NEW YORK (WABC) — Mainly due to mailing address errors, thousands of people in our area are owed money in unclaimed IRS refunds. In New York, more than 9,000 people are owed an average of $1,500. In New Jersey, more than 3,000 people are owed an …

Money goes unclaimed in energy program – Loudoun Times.com
Loudoun County’s low-income households are not taking full advantage of a federal weatherization package that provides free upgrades that can save them hundreds each year in energy costs . So far, only 15 low-income households in the county – out …