(Part 2 of 2)

One of the main reasons for the inability of government give back forgotten cash to its owners, they say, is the fact that they can’t be tracked down. Problem 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? Those names and the names of several other celebrities are just a few of the names in the Cali missing money list and yet they have never heard from the officials in the California Unclaimed Property Division. They’re all owed checks for lost assets by Cali amounting from hundreds to the thousands as in the case of Angelina Jolie. This just shows Cali state employees’ interest in holding this cash in the general fund for use in balancing the budget deficits for as long as they can. In fact, there was recently a ruling by a federal judge on CA abandoned money, saying that the state was not making enough of an effort to locate the rightful owners and for a while halted the ability of the state to take and hold it until a new policy of reuniting it with the rightful owners was enacted.

The total dollar amount for these funds in California averages $5 billion annually – just imagine how much interest that earns for the state! Sacramento attorney Bill Palmer who has represented many cases involving CA unclaimed funds, has said that the state’s department was supposed to be a lost and found for California residents. Instead, it has been turned into a profit making ‘business’ in the past few years.

The ban on the taking of property by California has recently been removed and the new California State Controller, John Chiang, is making extra efforts in the form of widespread reforms in improving how his office is handling California unclaimed property. 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 perform a thorough search for them and take back what belongs to them.

–

School receives Microsoft money
All the students in the district will benefit from $283,000 the Washington School District is receiving over four years as part of the settlement of a class action suit against Microsoft, the districts technology team reported today.

Unclaimed plots dot cemeteries in county – Reading Eagle
Many people know that local and state governments have millions of dollars worth of unclaimed money that is owed to taxpayers. It’s also relatively well-known that state lotteries have tons of cash that goes unclaimed. But there is one other prize …

Maryland Launches Effort to Give Millions in Unclaimed Money to Owners – WJLA
BALTIMORE – Forty-two-million dollars in cash is waiting for Maryland residents to claim it. The only catch is that you have to prove some of it belongs to you. Maryland is launching an intense effort to reunite tens of thousands of people with …

Some Marylanders Entitled To Unclaimed Property
From money to jewelry, the Maryland Comptroller’s Office is helping to unite Marylanders with their unclaimed property.

(Part 1 of 2)

The state of California’s unclaimed property department takes in about 300 million dollars annually. Why does it matter to you? Well, if you or anyone you know is or has been 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 massive pile of Cali lost assets might easily belong to you!

Under the state of California unclaimed property law, missing 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 their owners don’t come for them within a given period. This ‘dormancy period’ varies from state to state, but in Cali it’s three years. These abandoned assets then get moved to the California unclaimed property div, where they sit in the state’s general fund until returned to their rightful owners. This is where officials working for the state in-charge of the Cali unclaimed cash were criticized recently. It appears that they have been all to happy 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 Cali unclaimed funds list.

(to be continued)

–

How to Find Out if You Have Unclaimed Funds – New York Times (blog)
Now, I just need to get the form notarized and send it in to claim my money. I’m not alone in having unclaimed funds. Each state maintains custody of unclaimed property and, according to this New York Times article in February , the New York …

Seeking a final resting place for unclaimed veterans
A can containing the cremated remains of a World War I veteran sat for years unclaimed in the basement of a Lovejoy funeral home.

WFAA helps viewers find $12,000 in unclaimed cash – WFAA
There could be cash in Texas coffers with your name on it. The state has $2 billion in unclaimed money, and finding out if any of it is yours is easy. You can search your name in an online database (see link at right). Another link lets you search in …

Gamblers walk away from $1m – The Age
… away from more than $1 million in unclaimed winnings from Crown Casino, delivering a hefty cash bonus to the state government. Crown has confirmed that gamblers leave about $4000 a week at tables and poker machines. It holds the money for two …

Unclaimed plots dot cemeteries in county – Reading Eagle
Many people know that local and state governments have millions of dollars worth of unclaimed money that is owed to taxpayers. It’s also relatively well-known that state lotteries have tons of cash that goes unclaimed. But there is one other prize …

(Part 2 of 2)

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

The hold 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 sweeping reforms in improving how his office is handling California unclaimed money. There is still a great need though for Californians and residents of all other states across the U.S. to be informed about the presence of these properties and on how to perform a thorough search for them and take back what belongs to them.

–

Unclaimed money could belong to you – NBC Action News KSHB-TV 41
JEFFERSON CITY, Mo. – The largest lost and found in the state of Missouri is trying to return the property to its owners. Missouri State Treasurer Clint Zweifel office is holding millions of dollars in unclaimed property. Unclaimed items from …

Comptroller Touts Unclaimed Money Program Here
Residents in Temple and Belton who have unclaimed money or property being held by the state can take advantage of a special event scheduled for Monday in Temple.

State Aims to Return Unclaimed Money – MyFox Dallas
DALLAS – The State of Texas is trying to return its citizens’ unclaimed money. In fact, the state comptroller’s office is holding $2 billion in unclaimed cash — everything from forgotten funds left in bank accounts, to utility bill refunds. To help …

(Part 1 of 2)

The state of California’s unclaimed property program takes in about $300 million every 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 were aware of it or not), part of that massive pile of Cali missing money might easily be yours!

Under the state of California unclaimed property (or escheat) 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 assets are handed over to the Treasury Department if the rightful owners don’t locate them within a certain time period. This ‘dormancy period’ varies from state to state, but in Cali it’s 3 years. These forgotten funds then get moved to the California unclaimed property division, where they sit in the state’s general fund until they are returned to the rightful owners. This is where state employees who handled Cali unclaimed cash were criticized recently. Seems that they have been eager to track down and collect the lost funds from the establishments holding them but but weren’t so keen on locating the actual owners in the Cali unclaimed funds list.

One of the main reasons for the inability of government give back forgotten money to the people it belongs to, they say, is the fact that they can’t be tracked down. The issue is, would would ever think 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 locate? Their names and the names of a number of other famous people are just a few of the names in the Cali missing money database but they have never heard from the employees in the California Unclaimed Funds Division. They are all owed checks for unclaimed money by Cali ranging in amount from hundreds to the thousands as in the case of Angelina Jolie. This just proves Cali state officials’ interest in keeping this money 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 judge on CA abandoned money, stating that the state wasn’t trying hard enough to locate the rightful owners and for a while halted the ability of the state to take and hold it until a new policy of reuniting it with the actual owners has been adopted.

(to be continued)

–

IRS holding $1.3B in unclaimed refunds – msnbc.com
Forget about your 2009 tax return for a minute. If you didn’t file one for 2006, you might be missing out on some money from back then. But you’re quickly running out of time to claim it. Three years ago, more than 1.4 million individuals apparently …

IRS holding $1.3B in unclaimed refunds
If you didn’t file a tax return for 2006, you might be missing out on money. But you’re running out of time to claim it. In total, more than $1.3 billion worth of refunds from 2006 is still sitting in the IRS account.

Education fund hits the jackpot – RichmondBizSense
According to Virginia Lottery spokesperson John Hagerty, tickets often go unclaimed, especially those for less money, such as $2 or $3. However, he also said that a lot of people don’t know the exact rules of playing the lottery, especially when …

Comptroller wants to disburse unclaimed cash – Houston Community Newspapers
Sadler said the county receives unclaimed cash on a regular basis, and the money is placed in its contingency account. “Cities, counties and school districts face challenges in this tough economy,” Combs said. “Our office has expanded its …

(Part 2 of 2)

One of the main reasons for the government’s inability give back forgotten cash to its owners, they say, is the fact that they cannot be tracked down. Problem is, who would think 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 famous people are some of the names in the CA missing money list but they have not been contacted by the officials in the California Unclaimed Property Division. They’re all owed checks for lost assets by CA amounting from hundreds to the thousands in Ms. Jolie’s case. This proves once again CA state employees’ interest in holding this cash in the general fund for use in balancing the budget deficit for as long as they possibly can. In fact, there was a recent ruling by a federal judge on CA abandoned money, stating that the state was not trying hard enough to return it to its rightful owners and has temporarily halted the ability of the state to seize it until a better policy of reuniting it with the actual owners was enacted.

The total dollar amount for these funds in California averages $5 billion annually – just imagine how much interest that earns for the state! Bill Palmer, an attorney in Sacramento who has represented many cases involving CA unclaimed money, has said that the state’s program was supposed to be a lost and found for California residents. Instead, it was turned into a profit making ‘business’ in the past few years.

The hold on the seizure of property by California has recently been removed and the new CA State Controller, John Chiang, is making extra efforts in the form of sweeping changes 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 learn about the presence of these properties and on how to perform a thorough search for them.

–

Businesses Face Filing Deadlines for Unclaimed Property – MSN Money
“At Ryan, we see a new trend of states today aggressively focused on unclaimed property collections as a significant source of revenue,” said Noel E. Hall, Jr. , Ryan Principal and Practice Leader for the unclaimed and abandoned property service line …

$1 credit due taxpayers required by Constitution – Honolulu Star-Bulletin
… been able to get a response from the state Department of Taxation about how much would be at stake if every qualified person did not take the credit, what happens to the unclaimed money or whether the department actually sends out $1 checks to …

Education fund hits the jackpot – RichmondBizSense
According to Virginia Lottery spokesperson John Hagerty, tickets often go unclaimed, especially those for less money, such as $2 or $3. However, he also said that a lot of people don’t know the exact rules of playing the lottery, especially when …

Find unclaimed property owed to you
Billions of dollars in cash and property are just sitting out there waiting for you to claim

State aides to offer help in gaining unclaimed funds
OLEAN–Does New York State owe you money? State Comptroller Thomas P. DiNapoli reports that the state has $9.9 billion in unclaimed funds, and he’s sending representatives from his offices to events across the state to help give it back.

(Part 1 of 2)

The California’s unclaimed property program takes in roughly three hundred million dollars every year. Why should you care? Well, if you or anyone 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 massive pile of CA forgotten funds might very well be yours!

Under the California unclaimed funds law, abandoned assets 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 financial assets are turned over to the Department of the Treasury if their owners don’t come for them within a certain time period. This ‘dormancy period’ varies widely from state to state, but in CA it is 3 years. These lost assets then go to the CA unclaimed property div, where they sit in the state’s general fund until they are returned to the people they truly belong to. This is where state officials who handled CA unclaimed cash were recently criticized. It appears that they were eager to locate and take hold of the lost assets from the various establishments holding them but but were less than enthusiastic about tracking down the owners in the CA unclaimed money records.

(to be continued)

–

I-Team 10 investigation: Unclaimed money – WHEC TV-10
Money is tight and budgets are looming. As officials go looking for ways to cut back, I-Team 10 went looking for money owed to local governments. Cities and towns are struggling to finds sources of revenue and I-Team 10 discovered that many local …

BRIEF: MONEY: Washington list of unclaimed property … – TMCnet
Apr 05, 2010 (Tri-City Herald – McClatchy-Tribune Information Services via COMTEX) — Nearly $87 million and 410,000 names have been added to Washington state’s database of unclaimed property. That brings the number of people owed money in the state …

Money owed to schools goes unclaimed DO YOU HAVE MONEY WAITING?
WBBM finds some public schools on state treasurer’s list of unclaimed assets.

State treasurer says to take advantage of unclaimed cash
An attendee of a Kansas unclaimed property informational session at the Hays Public Library on Wednesday night made an astounding discovery. The state of Kansas was holding more than $50,000 in unclaimed cash for her.

Washington list grows for unclaimed property – Tri-City Herald
Nearly $87 million and 410,000 names have been added to Washington’s database of unclaimed property. That brings the number of people owed money in the state to 3 million. Once a year businesses are required to report any unclaimed property they have …

(Part 2 of 2)

The total dollar amount for these funds in CA averages five billion dollars annually – just imagine how much interest that earns for the state! Bill Palmer, an attorney in Sacramento who has fought in a number of cases involving California unclaimed property, sad that the state’s department was created to be a lost and found for California residents. Sadly, it has been turned into a profit generating ‘business’ in recent years.

The hold on the seizure of property by CA has now been removed 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 missing 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 funds and on how to do a thorough search for them.

–

Class Claims Western Union ‘Brags’ About Holding … – Courthouse News Service
(CN) – Western Union holds unclaimed money for years without notifying senders that the intended recipients never got the money, and even “brags” to investors that its policy gives it access to more than $100 million in ready cash, a class action …

State aides to offer help in gaining unclaimed funds
OLEAN–Does New York State owe you money? State Comptroller Thomas P. DiNapoli reports that the state has $9.9 billion in unclaimed funds, and he’s sending representatives from his offices to events across the state to help give it back.

Harvey County residents owed $1.3 million – Newton Kansan
The office is in possession of more than $215 million in lost property or money. In Harvey County, McKinney said the state’s records show 9,716 residents are owed almost $1.3 million. To find the missing loot, searchers need to go to www.

(Part 1 of 2)

The state of California’s unclaimed property department takes in roughly three hundred million dollars annually. Why should you care? Well, if you or someone you know is or was a resident of the Golden State (or ever had any type of business dealings, whether you were aware of it or not), part of that big heap of Cali unclaimed money could easily belong to you!

Under the CA unclaimed property 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 assets are handed over to the Department of the Treasury if their owners don’t come for them within a certain time period. This ‘dormancy period’ varies from state to state, but in Cali it is three years. These abandoned assets then go to the CA unclaimed property div, where they wait in the state’s general fund until they are returned to the rightful owners. This is where state officials who handled Cali unclaimed cash were recently criticized. It appears that they were all to happy to locate and take hold of the lost assets from the establishments holding on to them but showed less interest in contacting the actual owners in the Cali unclaimed property database.

One of the primary reasons for the inability of government to return forgotten cash to its owners, they say, is that they can’t be tracked down. The issue is, would would ever think 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 locate? Their names and the names of several other celebrities are some of the names in the Cali missing money database and yet they haven’t heard from the officials in the California Unclaimed Funds Division. They’re all owed checks for unclaimed money by Cali ranging in amount from hundreds to the thousands in Ms. Jolie’s case. This just shows Cali state officials’ interest in holding this money in the general fund for use in balancing the budget deficits for as long as they can. In fact, there was recently a ruling by a federal judge on CA abandoned cash, stating that the state wasn’t doing enough to locate the rightful owners and for a while halted the ability of the state to take and hold it until a better policy of returning it to the rightful owners was enacted.

(to be continued)

–

Businesses, consumers can check state Web site for … – Bellingham Herald
… money coming too, Revenue Director Cindi Holmstrom said. She encourages citizens and businesses to check back every spring after new properties are entered into the system. Every November, businesses are required by law to report any unclaimed …

State pays record $3 million in unclaimed property claims in March
Fast tracking of small claims for unclaimed property reached a fever pitch at the state treasurer’s office in March, with a record 4,848 claims paid, totaling more than $3 million.

State Treasurer’s Office breaks unclaimed property payout record
Nearly 5,000 claims were paid to Wisconsin residents in March, thanks to the State Treasurer’s Unclaimed Property Department. That’s a monthly record.

Businesses, consumers can check state Web site for unclaimed cash
The odds of finding unclaimed property just went up.Even if a person or company didn’t find a