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California Unclaimed Property

Do you have the new PRENTICE eBook?
California Unclaimed Property
By Linus Joseph Dewald Jr., Editor
Spring 2010 and Revised 1 Jan 2010

California law requires that property in the possession of a creditor must be turned over to the California State Controller's Office if the owner cannot be found. The Controller is then required to make an effort to find the owner before the State of California becomes the owner of the prioperty.

The California Controller has created a website at California State Controller in an effort to find the owners. Type in your own name, or the name of any of your friends.

    Note: Sometimes the link takes you to a web page that says "Search Results - No Match." Just go down to the 3rd line on that web page where it says, "You may wish to search again using a different criteria." On that web page, click on the blue underlined word, search, and type in the name .

Most of the amounts are less than $100.00, but I did find $265.00 for a cousin. If you find any property belonging to yourself or to your friends, rejoice!

If you have any information about the folks mentioned in this article, please send your information to us at the Prentice Newsletter. Be sure to give the full title and date of this article in the Subject line of the email.

Caution: If you don't use the above email link, your email to us may be rejected as spam by our email filter.


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