August 29, 2010
Searching For CA Unclaimed Cash – Part 1 of 2
(Part 1 of 2)
The state of California’s unclaimed money program takes in approximately three hundred million dollars annually. 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 knew it or not), part of that big heap of California unclaimed money might very well be yours!
Under the CA unclaimed property law, missing money such as 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 assets are passed along to the Treasury Dept. if the rightful owners don’t come for them within a given time period. This ‘dormancy period’ varies from state to state, but in California it’s 3 years. These abandoned assets then get moved to the California unclaimed property div, where they wait in the state’s general fund until returned to the people they truly belong to. This is where state officials in-charge of the California unclaimed cash were recently criticized. It appears that they have been eager to locate and collect the lost assets from the various establishments holding on to them but showed less interest in locating the owners in the California unclaimed funds records.
(to be continued)
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Property Insurance Assessments Sitting Unclaimed
BATON ROUGE, La. (AP) – More than $275 million in special assessments for Louisiana property insurance policyholders have not been reclaimed. And if they don’t act before the year is over, more than half that total will disappear. The assessments were imposed on private polices over the past four years to help keep Louisi 0849 AP-APTN-14ty Insurance Corp. solvent. Citizens is the state’s …
Property insurance assessments sitting unclaimed – Shreveport Times
BATON ROUGE — More than $275 million in special property insurance assessments have not been reclaimed, and Louisiana policyholders will lose that money if they don’t act before the year is over. The …
Finding Unclaimed Money / Weekly Deals 8/26-9/1/2010 – Examiner
Many years ago, my then-husband received a letter from an old family friend telling him that his name was listed somewhere for some unclaimed money in the state where he used to live. He had no idea he had any money …









