Unclaimed Money California
Unclaimed money and unclaimed property in California reached $9 billion – one of the largest sums of lost funds in the entire country. Current and present residents of the state of California can claim back money that belongs to them at any time. If you ever lived in California, or currently reside in the state, you could be entitled to unclaimed property that the state holds.
Nowadays, there are three ways to search for unclaimed money in the US in general and California in particular. Once you find lost money that belongs to you or your family members, you can claim it back and receive it within 120 days.
What is Unclaimed Money?
Unclaimed money, unclaimed property and unclaimed cash all have the same meaning – money that people left behind without being aware of it. In the state of California, lost money is found in uncashed paychecks, insurance policies, forgotten bank accounts, safe deposit boxes and at the hands of other authorities that handle money.
Whenever a resident of the United States makes a change where money gets transferred to their name, they may be leaving money behind. As the years go by, more and more people forget about money and property they have, which led to the accumulation of $58 billion in the US. In California alone, the total is estimated at $9 billion.
How Long Does California Hold Unclaimed Property?
Under California law, financial institutions must annually report properties that have been left inactive by their owner for a period of time generally set to three years. These are then handed over to California’s unclaimed property program, and held by the State Controller's Office.
Once abandoned cash or property is turned over to the state by a business (e.g., banks or insurance companies), an individual has five years to reclaim it. After that, the state is entitled to sell the property to the highest bidder at a public sale.
Lost Money Search in California
To help people find cash and property in California, the state operates an Unclaimed Property Search website. To locate lost money in California, you will need to enter your first name, last name, middle name initial and the city where you reside.
You can also use a free unclaimed money search website that will scan public records registered to your name to find money that belongs to you. If you look up 'find your money California', you will come across several websites that you can choose from. These kinds of websites run a name-based search, but they have certain limits. Many free unclaimed money search websites operate with no financial means, and that makes them unable to access all the California public records. Also, free unclaimed cash websites do not offer users with customer support, or a security system to protect their data.
There are also free inmate search websites that only advertise themselves as free, but charge fees for certain services. You can find all the information you need on these websites, but services that are not basic will cost you.
Using a Professional Unclaimed Money Search Website
If you need to run a California unclaimed money search or an unclaimed money search in any other state, you can use GoLookUp's professional service. To locate money registered to your name, or the name of one of your relatives, you will need to enter the name into GoLookUp's search query.
The website has access to all the public records in the state of California and all other records in the United States, and this means that you will get real-time information about unclaimed property. The search for lost funds will last a few moments and will allow you to claim back what is rightfully yours from the properties that hold it.
The search results on GoLookUp are reliable, and the unlimited search policy allows you to conduct as many searches as you desire. That way you can track down unclaimed property and unclaimed assets that are registered to you and your family, and claim them back at any time.
To complete the service and allow you to be certain your personal information is safe, GoLookUp operates a security system at all times. The 24/7 customer support service available to you on GoLookUp will provide you with answers to any questions you may have, and make the unclaimed money search easier than ever.
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