California Unclaimed Money

California Unclaimed Money

The State of California is holding over $3.2 billion in Unclaimed Property. These assets have been turned over to the State treasury office for safekeeping by businesses and other organizations as required by law. There is no fee to file a claim for Unclaimed Property.

Every state has unclaimed property laws which declare money, property, and other assets to be abandoned after a period of inactivity of three to five years.

Make sure you check with every state in which you have ever lived (unclaimed property is generally turned over to the state of your last address as reflected in the records of the business holding your found money, stock, etc.).

Please try using various combinations of your name in order to search for unclaimed money. Also bear in mind that there may be assets in your maiden name. If you know anyone who has ever moved or died, the state of California is probably holding unclaimed funds in their name. There is an alphabetical list of people whose last known address was in California and who are due to receive money for unclaimed property for the number of years prescribed by statute. The Unclaimed divisions have held the accounts for more than 2 years. Even if your name is not on the list, you may wish to call the Unclaimed Property Division to check if any funds are being held in your name. It is important to note that accounts held less than 2 years are not available for public inspection.

California unclaimed property or money could be in the form of funds from a dormant checking and savings accounts, un-cashed money orders, cashiers checks, mineral royalty payments, safe deposit box contents, unused gift certificates, unclaimed insurance benefits, lost cash dividends, stock, found utility deposits, unclaimed security deposits, and court deposits. California unclaimed property, which was held by another state or a company, is kept in protective custody if they could not be paid to the rightful owner. The owners last recorded state address is always taken into consideration with reference to California's unclaimed money. It is important to write down the property id number for the purpose of record keeping, if you find unclaimed property. On pressing the 'continue' button, you claim gets processed and the unclaimed property is removed f from website for public reference.

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