The websites of the States restrict themselves to just the details of that particular state. It is not necessary that you should be owed unclaimed money in the state in which you reside. In short, the State owes money even to itself. Ideally, the State ought to advertise and announce the existence of unclaimed money so that the same can be claimed.
Do you know Angelina Jolie? Do you think a government agency would find it difficult to trace her? Obviously no! Why then, does the State of California owed Angelina Jolie unclaimed money? Why has it not been able to trace her yet?
As on date, more than 50 unclaimed money accounts are owed to the California State Department itself, more than 200 unclaimed money accounts are owed to the State of California itself and more than 30 accounts for various California State Boards. In short, the State owes money even to itself. It is indeed difficult to believe that the State is not in a position to track even its own offices to return the unclaimed money owed to them. The only conclusion that a reasonable individual would arrive at is that the State is not interested in returning the money.
Institutions those are unable to trace the owners of monies that are lying idle for about three years hand it over to the State. Ideally, the State ought to advertise and announce the existence of unclaimed money so that the same can be claimed. The reality is very different. The reality is that the citizen never gets to know that he or she may be owed unclaimed money.
The casual approach was pulled up by a federal judge when he ordered the State of California to halt the seizure of unclaimed property including cash, stocks, safe deposit box contents and other property simply because the State was not providing adequate notification to unclaimed money account owners.
Finally, the lack of notification on the part of California is becoming the target of official censure.
Somebody has to work for the citizens and the work of reclaiming the unclaimed money is being done by websites like www.usunclaimed.com. The website seeks to reach out to the largest number of people to ensure that the problem is solved forever.
U.S. District Judge William Shubb was critical of the efforts of California and refused to consider the probable loss to the State as a valid justification to continue the seizure of assets. He insisted that a new notification system be set up in place of the old one.
The websites of the States restrict themselves to just the details of that particular state. This implies that you will have to search through fifty websites and also the federal databases to get the information that you seek.
Private web sites have stepped in to assist the citizens to search for unclaimed money and to claim the same. www.usunclaimed.com is one website that has created databases that allow the visitor to search information from all the fifty states in one go. It is not necessary that you should be owed unclaimed money in the state in which you reside.
Visit www.usunclaimed.com to reclaim the hard earned money that legally belongs to you. The total sum of unclaimed money runs into billions.