How to Find and Claim Missing Money

Did you know the State of California is currently holding $8 billion in unclaimed funds in the names of more than 30 million individuals and organizations? I was one of them until a few weeks ago, when I went searching for missing money. The law requires companies to turn over funds to the State, generally after three years or more, if there hasn’t been any activity or contact with the rightful owner.

My search started with the Division of Unclaimed Property (ucpi.sco.ca.gov/UCP). To access the database, the only information you need is your last name, but it’s easier to find the correct matches if you add your first and middle names and city. I found three different items in my name totaling almost $90. The State makes it easy to file an e-claim for claims under $5,000, and the whole process took less than 15 minutes. Three weeks later, I had the money. The California State Controller’s Office warns against paying a company or lawyer to recover property or funds for you or a family member—you can do it yourself for free.