Unclaimed Money Search


Over $5 billion California Unclaimed Money

Seeing as to how large the Golden State is and the large number of celebrities and busy high rollers doing business there, it’s actually not surprising that the California unclaimed money pile comes second to New York’s whopping $8 billion. What’s puzzling is the number of famous people owed cash from state unclaimed property. It’s not as if these people are difficult for the Unclaimed Property Division to locate. I mean who would have trouble trying to contact the whereabouts of ‘Brangelina’ (yes, both of them), Victoria (Posh Spice) Beckham, Keanu Reeves, J-Lo, Adam Sandler and other world-famous stars? Even State council board members are coming-up on the list of State unclaimed property. Southwestern College President Raj Chopra, county Supervisor Greg Cox, administrator of Scripps Mercy Hospital Chula Vista Pete Mabrey, Imperial Beach Councilman Fred McLean, Coronado Councilman Al Ovrom, and several other State public figures are apparently owed CA unclaimed funds form lost assets, according to a report in the San Diego Union Tribune.

New state laws have since been adopted replacing the ones that kept the California Unclaimed Property Division to aggressively locate and contact citizens owed unclaimed money in California. The amount reunited to owners after the new laws took effect at the end of 07 amounts to $284 million- a significant improvement. But a lot of people are still missing money out there. $1.2 billion are owed to Northern California residents and a whopping $300,000 to a Sacramento non-profit organization. The Golden State currently leads the country in the highest amount of unclaimed tax refunds at $40 million belonging to 500,000 Californians unfiled.

Everyone should take the initiative and do an unclaimed money search. Who knows? With the holidays coming, everyone needs extra cash for presents and extras. It’s not just in the Golden State either- all 50 states have significant amount of cash belonging to its residents who have lost track of their assets. Check-out this rss feed for other State unclaimed property articles from an unclaimed money expert.

Oregon Unclaimed Money

Crater Lake, located in the Hazelnut State, is the deepest lake in the United States and rests on the remnants of an ancient volcano. Unknown to most residents another substance sits en masse inside the State’s Unclaimed Property Division- a quarter of a billion dollars in Oregon unclaimed money.

According to Cyndi Wickham of Oregon’s Department of State Lands in a report by local tv station KGW, “We’re holding money for one in four Oregonians. You have better chances at [getting] this money than winning the lottery.”

Here’s part of an interesting article on Oregon unclaimed funds:

Each year, the state of Oregon receives between $30 and $40 million in unclaimed property, but only returns about $10 million to the rightful owners. Since the owners of the other $20 to $30 million weren’t located, that money gets added to the total, so that $250 million on stands to grow. While it may be tough to believe that 1 in 3 Oregon residents are due a claim, these monies really come from sources that we all use everyday. The OR Department of State Lands describes some of the most common sources as follows:“Unclaimed property includes savings accounts, checking accounts, unpaid wages or commissions, stocks, dividends proceeds, refunds, money orders, paid-up life insurance policies, utility deposits and contents of safe deposit boxes.”


With the fall of the financial giants at Wall Street and threat of another recession, learning how to do an online unclaimed money search can be your best bet of getting extra spending cash in people’s hands. Watch this unclaimed money video- Unbelievable and fun to watch as Tiki Barber gives back $823,000 to one family and $525,000 to another on Dateline NBC!

Nevada Unclaimed Money

 

Homeowners in the Sunbelt region of the U.S. have been hit by the sub-prime mortgage crisis more than those of other states. Home prices have fallen drastically and things are really glum on Nevada’s real estate front with the State having had the worst loan foreclosure rate in the nation. According to a recent KVBC report however,  thousands of NV residents have a bit of consolation coming to them in the form of Nevada unclaimed money.

 


The State’s Unclaimed Property Office owes citizens almost $300 million from Nevada unclaimed property and all these people have to do is to step-up and file a claim. State Treasurer Kate Marshall recently had 2,500 Western Nevadans on the State Unclaimed Property list who had at least $50 coming to them. Unclaimed property can come from abandoned bank accounts, uncollected rebate checks, payroll, etc. “It can be dozens of things,” said the Treasurer. “And people always say, ‘Oh, I know where my money is.’ But they don’t.” The odds of finding Nevada unclaimed property money are actually better than winning in Sin City’s casinos.  Problem is, people there aren’t aware that the State has their missing money.

 

NV resident Tang Lewis hadn’t even heard about State unclaimed property until she got a call from the Treasurer’s office. “They call me and say my husband left me some money… $90,000.” Although most NV unclaimed money claims aren’t this big, it shows how much cash people may be missing-out on.

 

In the face of another recession and rising cost of living, everyone needs extra cash. Doing an unclaimed money search on-line is one of the easiest ways of doing that. No driving and no waiting in line in some government building like some may think. According to the Deputy Treasurer of Unclaimed Property, Mary McElhone in the news report: “you just need the internet, along with your name or business, and in a few seconds you’ll know whether you are owed money.”
Need to learn more? Watch this news report on unclaimed money:

So what are you waiting for? Get in touch with your missingmoney now!