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The heat of recession has left no country unaffected. However, in these tough times, there is some sort of solace to those folks who are associated with California in the present or in the past. Millions of dollars are waiting in the treasuries of California waiting to be claimed by their rightful owners. There are many who have conducted California missing money search and found thousands of dollars that they did not know belonged to them. According to the CA State Controller website California has unclaimed property owed to over 8.2 million people! In the 2008 fiscal year they sent out an estimated 950,332 notices to people who were owed unclaimed money. While it is great that the state treasures office is sending out notices, they may have little usefulness. These notices are sent to the last known address on record, which the institution holding the money has mailed to for the past 3 years. Chances are if mail correspondence hasn’t reached them by now, it is not going to. Most likely the address on file is an old address and the person is not being reached at all. The whole thing may seem implausible. You might be wondering how such a thing is possible. This is a little-known concept to most Canadians, but is very real and is growing steadily every year. The underlying principle for this incredible source of money is simple and straight. Banks across California have funds in them that are uncollected. These funds are in the form of rebate checks, tax returns, dividend payments, and more. These funds sit idle in bank accounts, and eventually close due to inactivity. The banks do try to locate the rightful owners, but their search isn’t comprehensive and over the years the unclaimed money got accumulated in the banks. Another interesting feature of this unclaimed money is, it need not be in your name only to be claimed by you. It can also be the money deposited by your ancestors or relatives years ago and forgotten. By showing proper proofs, you can drive the money into your pockets. Now that the concept of unclaimed money is clear, it is time to start working on it and it s here that technology and internet comes to your assistance. Websites like cashunclaimed.com are there to help the money seekers. They make your search more comprehensive, faster and easier. They help you to find out if any money earned by you, gifted or willed to you, has not yet reached you. Of course, you may have to spend a few dollars for this process, but it is worth spending. The route map is clear and the treasure is waiting for you to be claimed. Put your best foot forward and start the hunt today. - TIPS to Claiming CA Unclaimed Property Filing a claim form for CA unclaimed property requires the following documentation and information: * A copy of current photo identification for each claimant * A copy of a Social Security card or a tax identification number for each claimant * Verification of reported address if different from current address * Specific documentation relating to the type of property, such as original passbook, cashier's check, stock certificate, etc.
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