(Part 1 of 2)

The California’s unclaimed money department takes in roughly 300 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 had any kind of business dealings, whether you were aware of it or not), some of that big pile of California forgotten funds could easily belong to you!

Under the CA unclaimed property (or escheat) 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 locate them within a certain time period. This ‘dormancy period’ varies from state to state, but in California it’s 3 years. These abandoned assets then go to the CA unclaimed property div, where they wait in the state’s general fund until returned to the people they truly belong to. This is where officials working for the state who handled California unclaimed cash were recently criticized. Seems that they have been eager to locate and take hold of the lost funds from the establishments holding them but but weren’t so keen on locating the actual owners in the California unclaimed money database.

(to be continued)

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Death certificate would set $100,000 free
The Bank of Canada still needs convincing, but the owner of a $100,000 Edmonton account lies in the Cementerio de Guadalupe in San Jose, Costa Rica.

State eyes unclaimed cash as a quick fix – Detroit News
the unclaimed money goes into the state’s general fund. Previously, financial institutions had between five and 15 years to turn over the contents of dormant accounts or safety deposit boxes. Among those who face a tighter deadline to claim their money …

State Has Millions of Unclaimed Cash – WILX-TV
State lawmakers pass a bill that changes the unclaimed property laws. Under the new bill, residents will have three years to claim forgotten assets like bank accounts, safety deposit boxes and paychecks, before that money goes into the general fund.

(Part 2 of 2)

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

The ban on the seizure of property by CA has since been lifted and the new California State Controller, John Chiang, is making greater efforts in the form of sweeping reforms in improving how his office deals with CA unclaimed money. There’s 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 funds and on how to perform a thorough search for them and take back what belongs to them.

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Unclaimed cash awaits these Mass. celebrities – Boston Herald
The three are are amongst the many local boldfacers on state Treasurer Tim Cahill ’s latest unclaimed money list. Hmmmm, perhaps Chels knew money management wasn’t her forte – she recently left her gig at a …

ROMULUS: Customs officers intercepted more than $550,000 in unclaimed money in August – News-Herald
ROMULUS — In August, Customs and Border Protection officers and agriculture specialists at Detroit Metropolitan Airport processed 140,753 passengers, intercepted more than $557,000 in currency, and …

Treasurer’s auction brings in $105,000
An unclaimed property auction Monday in Columbia netted $105,000 in proceeds, the state treasurer announced Tuesday.

(Part 1 of 2)

The California’s unclaimed funds program takes in roughly three hundred million dollars every year. What’s it to you? 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 big heap of Cali missing money might very well be yours!

Under the state of California unclaimed property law, abandoned assets 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 handed over to the Department of the Treasury if their owners don’t come for them within a given time period. This ‘dormancy period’ varies from state to state, but in Cali it is 3 years. These lost assets then head to the CA unclaimed property div, where they wait in the state’s general fund until they’re returned to the rightful owners. This is where state officials who handled Cali unclaimed cash were recently criticized. It seems that they have been all to happy to locate and collect the lost assets from the establishments holding them but showed less interest in locating the actual owners in the Cali unclaimed funds records.

One of the primary reasons for the inability of government to return forgotten cash to the people it belongs to, they claim, is that they can’t be located. The problem is, who would think that people like Angelina Jolie, ZsaZsa Gabor, Gerri Halliwell, Victoria Beckham, Keanu Reeves, Brad Pitt, Adam Sandler, Marlon Brando and Jennifer Lopez could be hard to track down? Their names and the names of a number of other celebrities are just a few of the names in the Cali missing money list but they have never heard from the employees in the California Unclaimed Property Division. They are all owed checks for forgotten funds by Cali amounting from hundreds to the thousands in Ms. Jolie’s case. This just proves Cali state officials’ interest in keeping this cash in the general fund for use in balancing the budget deficit for as long as they can. As a matter of fact, there was recently a ruling by a judge on CA abandoned money, saying that the state wasn’t doing enough to return it to its rightful owners and for a while halted the ability of the state to take and hold it until a proper method of reuniting it with the rightful owners was enacted.

(to be continued)

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Unclaimed Money After Hurricane Ike – MyFox Houston
HOUSTON – Two years after Hurricane Ike, millions of federal grant dollars are still out there for Galveston County families. Trouble is they may not even know they qualify for a piece of it. The Galveston …

Public gathers for Missouri’s unclaimed property auction – Columbia Missourian
Unclaimed property is money or other valuable items that have been left in abandoned accounts or safety deposit boxes with no documented activity for at least five years. The property is then turned over to the state,

Bidders grab unclaimed treasures – Columbia Daily Tribune
The money comes from old bank accounts, unclaimed insurance proceeds and uncashed state tax refunds as well as the contents of safe-deposit boxes. In the 20-county Mid-Missouri region that includes Boone County,

Treasurer promotes college saving plans, unclaimed money – Newton Kansan
State Treasurer Dennis McKinney will spend the rest of his week at the … He is opposed by Republican Ron Estes, of Wichita, on the Nov. 2 ballot. Though Kansas tends to be a conservative state, McKinney said he is …

Track down your share of unclaimed billions – St. Louis Post-Dispatch
Everybody loves free money, and you may be able to get some if you’re willing to treasure hunt on one of the many lists of unclaimed property. Typically, unclaimed money originates at financial …

(Part 2 of 2)

One of the main reasons for the government’s inability to return forgotten money to its owners, according to the government, is the fact that they can’t be located. The issue is, who would think that people like Jennifer Lopez, Victoria Beckham, Brad Pitt, Adam Sandler, Angelina Jolie ,Marlon Brando, Keanu Reeves, ZsaZsa Gabor and Gerri Halliwell could be difficult to locate? Their names and the names of a number of other celebrities are some of the names in the Cali missing money database and yet they have never been contacted by the employees at the California Unclaimed Property Division. They are all owed checks for unclaimed money by Cali ranging in amount from hundreds to the thousands in Ms. Jolie’s case. This just proves Cali state officials’ interest in keeping this money in the general fund for use in balancing the budget deficits for as long as they possibly can. As a matter of fact, there was a recent ruling by a federal judge on CA abandoned assets, stating that the state was not making enough of an effort to locate the rightful owners and for a while halted the state’s s ability to take and hold it until a new policy of reuniting it with the rightful owners was adopted.

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

The hold on the seizure of property by California has now 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 CA unclaimed 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 properties and on how to do a thorough search for them and take back what belongs to them.

–

Have unclaimed money waiting for you? – KOMO News
Thousands of people in Washington may have money coming and not even know it. The feds and class-action attorneys are trying to get the word out, and in some cases, there’s a deadline to claim your money …

NM offers unclaimed property booth at state fair
Associated Press – September 16, 2010 6:15 AM ET ALBUQUERQUE, N.M. (AP) – The New Mexico Taxation and Revenue Department has opened a state fair booth so New Mexico residents can review…

IMPORTANT: Bing News RSS feed has moved!

Unclaimed cash awaits these Mass. celebrities – Boston Herald
The three are are amongst the many local boldfacers on state Treasurer Tim Cahill ’s latest unclaimed money list. Hmmmm, perhaps Chels knew money management wasn’t her forte – she recently left her gig at a …

(Part 1 of 2)

The state of California’s unclaimed money department takes in roughly 300 million dollars each year. Why does it matter to you? Well, if you or someone you know is or has been a resident of the Golden State (or had any kind of business dealings, whether you knew it or not), part of that big heap of Cali lost assets might very well be yours!

Under the California unclaimed property (or escheat) law, lost money like 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 turned over to the Treasury Dept. if the rightful owners don’t locate them within a given time period. This ‘dormancy period’ varies widely from state to state, but in Cali it’s three years. These unclaimed monies then get moved to the California 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 in-charge of the Cali unclaimed cash were recently criticized. It seems that they were eager to track down and take hold of the lost funds from the establishments holding them but but were less than enthusiastic about tracking down the owners in the Cali unclaimed money records.

(to be continued)

–

CPF savings no longer need to go unclaimed
CPF savings left behind by members who have passed on will no longer have to be paid out in cash.

New Pension Funds Adjudicator undertakes backlog blitz
When Charles Pillai moved into his new office in April to take up the post of Pension Funds Adjudicator, he found that he could eliminate a large portion of the complaints backlog plaguing the office and that many complaints should have been resolved at retirement fund level.

Illinois treasurer’s office has $1.4B in unclaimed assets – KABC
So, how do you check to see if you’re among those with assets to claim? It’s pretty easy. It does seem strange, claiming your own money, but, apparently, thousands of Illinois residents lost track of their …

Unclaimed Cash: Finder Firms – KABC
FRESNO, Calif. (KFSN) — It’s tantalizing – the idea that you could have money that’s sitting around just waiting for you to claim. There are, in fact, nearly $33 billion in unclaimed assets being held by states and …

(Part 2 of 2)

The total dollar amount for these funds in CA averages five billion dollars annually – just imagine how much interest this generates for the state! Bill Palmer, an attorney in Sacramento who has fought in many cases involving California unclaimed property, has said that the state’s program was created to be a lost and found for residents of California. Instead, it has been turned into a profit making ‘business’ in the past few years.

The hold on the seizure of property by CA has now been lifted and the new California 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’s still a great 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.

–

Illinois treasurer’s office has $1.4B in unclaimed assets – KABC
So, how do you check to see if you’re among those with assets to claim? It’s pretty easy. It does seem strange, claiming your own money, but, apparently, thousands of Illinois residents lost track of their …

Millions in lottery loot unclaimed in Pa., N.J.
Only a dozen days are left for another $200,000 Powerball prize. Money squandered in Harrisburg? Perish the thought that some politician bought a Powerball ticket for the Sept.

Millions in troops’ back pay goes unclaimed – Pittsburgh Post-Gazette
WASHINGTON — Uncle Sam wants to give free, no-strings-attached money to about 145,000 troops who were involuntarily kept on duty after the Sept. 11, 2001, attacks but is having trouble persuading them it’s not a …

How to lessen the pain of an unclaimed funds audit by the state – Smart Business Network
… for identifying maybe little or no money that you’re going to have to turn over to the state.” Smart Business spoke with Dolson about how to put measures in place to lessen the pain of an unclaimed funds …

(Part 1 of 2)

The state of California’s unclaimed money program takes in approximately three hundred million dollars every year. Why should you care? 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), some of that big heap of California unclaimed money might very well belong to you!

Under the California unclaimed property 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 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 California it’s 3 years. These forgotten funds then go to the CA unclaimed property division, where they stay in the state’s general fund until they are returned to the people they truly belong to. This is where state officials who handled California unclaimed cash were recently criticized. Seems that they have been all to happy to locate and collect the lost funds from the establishments holding them but but were less than enthusiastic about tracking down the actual owners in the California unclaimed property list.

One of the main reasons for the inability of government to return forgotten money to its owners, they say, is that they can’t be located. Problem is, would would ever think that people like ZsaZsa Gabor, Angelina Jolie, Victoria Beckham, Gerri Halliwell, Brad Pitt, Keanu Reeves, Jennifer Lopez, Adam Sandler and Marlon Brando would be hard to locate? Those names and the names of a number of other celebrities are just some of the names in the California missing money database and yet they have not been contacted by the employees in the California Unclaimed Funds Division. They’re all owed checks for forgotten funds by California amounting from hundreds to the thousands as in the case of Angelina Jolie. This just shows California state officials’ interest in keeping this money in the general fund for use in balancing the budget deficit for as long as they possibly can. As a matter of fact, there was a recent ruling by a federal judge on CA abandoned assets, saying that the state was not doing enough to locate the rightful owners and has temporarily halted the state’s s ability to seize it until a better policy of reuniting it with the rightful owners was adopted.

(to be continued)

–

US Troops Leaving $324 Million in Unclaimed Stop-Loss Pay – Chattahbox.com
There is about $324 million still left unclaimed, so get right on this soldiers. A Pentagon PSA is urging service members to tell a friend about the money that may be sitting there waiting for them. “There are …

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 …

Illinois Has Unclaimed Money That Could Be Yours
The state might have money that belongs to you.     Officials say the treasurers office has more than one point 4 billion dollars in unclaimed assets and it wants to return it to the proper owners.

Do you have a cut of unclaimed $1.4 bil.? – Chicago Sun-Times
More than $1.4 billion in unclaimed cash and other assets is sitting in state … It turned out that his late father had left him stock in McDonald’s and money in two bank accounts totaling more than $17,000. “

(Part 2 of 2)

One of the main reasons for the government’s inability give back forgotten cash to the people it belongs to, they say, is the fact that they cannot be tracked down. The problem is, who would think that people like ZsaZsa Gabor, Angelina Jolie, Victoria Beckham, Gerri Halliwell, Brad Pitt, Keanu Reeves, Jennifer Lopez, Adam Sandler and Marlon Brando would be difficult to track down? Their names and the names of several other famous people are just a few of the names in the California missing money database but they haven’t heard from the employees at the California Unclaimed Funds Division. They’re all owed checks for lost assets by California ranging in amount from hundreds to the thousands as in the case of Angelina Jolie. This proves once again California state employees’ interest in keeping this cash in the general fund for them to balance 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 trying hard enough to locate the rightful owners and for a while halted the state’s s ability to seize it until a better policy of reuniting it with the actual owners was adopted.

The total dollar amount for these funds in CA averages $5 billion annually – 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 funds, has said that the state’s program was intended to be a lost and found for residents of California. Sadly, it was turned into a profit generating ‘business’ in recent years.

The ban on the taking of property by CA has recently been lifted and the new California 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 great need though for Californians and residents of all other states across the U.S. to learn about the presence of these monies and on how to do a thorough search for them.

–

Coast Lines: Sept. 1, 2010
Santa Cruz County may owe you cash The county Auditor-Controller has posted the names of individuals and businesses that have unclaimed funds with the county.

Illinois Has Unclaimed Money That Could Be Yours – MyStateline.com
The state might have money that belongs to you. Officials say the treasurers office has more than one point 4 billion dollars in unclaimed assets and it wants to return it to the proper owners. Banks and businesses …

Ways To Find Lost Money For Free – News4Jax.com
JACKSONVILLE, Fla. — The idea that you could have money that’s sitting around just waiting for you to claim is tantalizing. There is, in fact, nearly $33 billion in unclaimed assets being held by states …

$275M in Louisiana Property Insurance Assessment Refunds Unclaimed
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 …