There are a lot of companies out there that claim they’ll help you find unclaimed money. You may have seen commercials on cable TV, or pop up ads online. What these commercials and websites don’t tell you, is that they want a large percentage of what they are able to recover for you.
If they use clip art like the photo to the left, Run away!
There is no need to pay a service or website, finding money that you are owed is easy.
If you live in California, or have lived in California, check out the State Controller’s office. If you live in another state, check out your state controller/treasurer’s website.
The most common types of Unclaimed Property are:
- Bank accounts and safe deposit box contents
- Stocks, mutual funds, bonds, and dividends
- Uncashed cashier’s checks or money orders
- Certificates of deposit
- Matured or terminated insurance policies
- Mineral interests and royalty payments, trust funds, and escrow accounts.
I checked a few months ago, and I was able to recover a little over $25. Some of it was from a credit card I’d over paid and closed out ($4.00-ish) and the remainder was from the local utility company when we moved.
There should be no fees to recover unclaimed money from your state. It’s your money- Get it back!