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Unclaimed property

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  1. #1
    CapitalRecovery started this thread.
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    Unclaimed property

    Hey guys
    I just want to let everyone know to check their state controller for unclaimed property. Every state is different. If your in California the link is https://ucpi.sco.ca.gov/UCP/. It's pretty easy to claim. If anyone needs any help just ask.

    Last edited by CapitalRecovery; 11-24-2016 at 03:53 AM.

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    Somebody owes Donald Trump $3000.....
    https://ucpi.sco.ca.gov/ucp/Property...yRecID=9673614

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    John Doe has over 300 claims of unclaimed money sitting out there in CA. Maybe millions will never be claimed
    Some of the addresses are creative LOL

    https://ucpi.sco.ca.gov/ucp/SearchRe...=0&pageSize=25
    Last edited by Faceball; 11-24-2016 at 09:35 AM.

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    Or have realtives tell you about it if your parents names show up in the state listings! That happened to my brother and me, some of our cousins saw my dad's name show up in the unclaimed property list 5+ years after he passed. It appears that his life insurance company must have bought some stocks in the same with a policy or two he had. The pay out side must not have communicated with the other side of the company that he had died. Either that or they run a scam to keep the money value of the stocks for 5 years to make more interest and then turn it over to the state as unclaimed property. We never saw any documentation that dad owned any stock in this company.

    Anyway, we found out about in April I think and didn't go forward in claiming it for a few months--can't remember the reason why. Good for su because during that time the stock had split and gained about twice as much in value. I worked with a very nice lady with the South Dakota Unclaimed Property Office and every thing went smooth when we actually filed.

    Funny, most of my share went to pay for my wife's vacation to s. FL during the following winter with her mom and sister. Interesting how things work out that way

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  7. #5
    CapitalRecovery started this thread.
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    There is a scam going on at least here in California where claim investigators try and charge over 10% or an up front fee. DON'T DO EITHER... The way the law is an investigator can not charge you more than 10%. Also you don't pay him anything up front. Lets say the state owes you $1000. The state will cut 2 checks one for the owner at $900 and one for the investigator at $100. So if you pay upfront the investigator will be payed twice. And that is illegal. I through around the idea for a while of staring a business but I think I'll stick to scrapping instead.

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