California Unclaimed Money

Good news for Californians! In addition to the $6 BILLION in unclaimed money, in California alone, the California Treasury Department has recently been ordered to pay interest on some assets to the tune of HUNDREDS OF MILLIONS!

That's right, the Golden State alone is holding on to millions of citizens' missing money, and because of the way the state has handled these assets in the past, a court ruling recently came down forcing the state to pay hundreds of millions, just in interest, to everyday people LIKE YOU!

And that wasn't the only recent court ruling regarding California unclaimed money. Earlier this year the state was ordered to stop seizing citizens' assets, because it was found that CA's treasury department wasn't making enough of an effort to notify the owners of unclaimed funds that the cash existed.

Just recently that ruling was lifted, as it is now believed that California has remedied the problem, and now has notification better rules in place. That remains to be seen.

One thing is for sure - California is sitting on a mountain of unclaimed property, and you can't rely on them to let you know about your share. Governments are consistently incompetent when it comes to handling money, so you owe it to yourself to make every effort to track down and claim your funds.

Remember, unclaimed property comes from a variety of sources:

dormant savings and checking accounts

cash or property like cashiers checks

securities

stocks

uncashed money orders

safe deposit box contents

lost cash dividends

unused gift certificates

unclaimed insurance benefits

unclaimed security deposits

payroll checks

found utility deposits

mineral royalty payments

court deposits

credits

And with an estimated 7 in 10 due a claim, there's a good chance you could soon have found money, if you simply put in the effort, after learning how to properly search for your lost money.