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California Treasury Database Reports Billions in Unclaimed Money and Property

11-23-2011 02:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Cash Unclaimed

November 10th, 2011, Huntington Beach, California - The State of California recently reported that it has over $3 Billion dollars in unclaimed property and funds, 3.2 billion to be exact. The State recently turned these funds over to the State Treasury office for safekeeping by businesses and other organizations as required by law. And according to recent reports, the California State treasury has had a difficult time returning the unclaimed property and funds to the rightful owners.

Cash Unclaimed hopes to change that all that. Cash Unclaimed is a one of the largest for unclaimed money in the world. With a free search, visitors to Cash Unclaimed will be able to search California's and other State and Federal Treasury databases for unclaimed property and an enormous amount of unclaimed funds. The California Cash Unclaimed website offers several examples of why someone would have unclaimed funds in the State's Treasury. These include dormant checking and savings accounts, uncashed money orders, mineral royalty payments, safe deposit box contents, unused gift certificates, court depots, and that is just to name a few.

The Cash Unclaimed website urges individuals to search the database following a recent move, a career or employment change, if a relative has recently passed away or for any other reason. The billions of dollars in unclaimed funds in California that is held by another state or company are kept in protective custody if the business or government office fails to find the rightful owner. In these cases, the individual's last known address is always taken into consideration when attempting to locate the individual.

The Cash Unclaimed website will allow individuals to search using first and last name and any current or previous addresses. The Cash Unclaimed database is free to conduct any unclaimed property and fund searches, and there is also a premium service that offers additional benefits, such as the verification process required to claim any unclaimed funds found using the service.

About Cash Unclaimed: Considered one of the largest databases for locating unclaimed property and unclaimed funds in the world. The State of California is holding billions of dollars in its State Treasury and the office has had difficulties finding the rightful owners of those unclaimed funds. The Cash Unclaimed database seeks to change this by offering free searches and a premium membership that offers State and Federal Treasury database searches free of charge. To learn more about Cash Unclaimed and to conduct a free search for California property and funds, visit: http://www.cashunclaimed.com/funds-property/california-unclaimed-money.phtml

Nicole Anderson
19881 Brookhurst St #C-285
Huntington Beach, CA 92646

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