December 9, 2009

Tracking Down Forgotten Funds in CA – Part 2 of 2

(Part 2 of 2)

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

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

Unclaimed funds: You may have some money waiting – El Paso Times
Usually it’s not necessarily a good thing to have your name on a government list. But this is a different sort of list. The state of Texas has a list of people who are owed more than $2 billion in unclaimed accounts. El Pasoans are owed $27.5 million …

Unclaimed property search can be effortless, for a fee – Daily Oklahoman
She processes the paperwork and promises the funds should be returned in six weeks if the information and people claiming the money check out. Elliott calls herself a recovery tracer. She said most of the time people don’t believe her or are …

State: Nearly 800 area residents have unclaimed property – Silver City Sun News
The New Mexico Taxation and Revenue Department has released the names of as many as 90,000 people with unclaimed money or other personal property, including 661 in Grant County. Hidalgo County has 112 people on the list, which is published with the …

Unclaimed property: Get what’s yours – Silver City Sun News
The New Mexico Taxation and Revenue Department has released the names of more than 4,000 people whom the state reports “appear to be the owners of unclaimed money or other personal property.” The list, with the names of individuals and businesses …

Civic group spurs Greenburgh effort to return unclaimed funds – LoHud.com
GREENBURGH — The town may have to find another source of revenue next year after some residents say they were never told of unclaimed money the town plans to use to balance the tentative 2010 budget. The town plans to use $836,000 of unclaimed …

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