I am contacting you because my company, California Claim Finder, has located abandoned assets that you may be entitled.  If you are this person or his/her heir, I can assist you in recovering the claim.

A:  I specialize in difficult to find claims. There are many types of unclaimed assets that have a myriad of different sources including but not limited to bank accounts, safe deposit bank contents, mutual funds, stocks, bonds, dividends, uncashed checks, wages,  money to name just a few.

California law requires corporations, businesses, associations, financial institutions, and insurance companies (referred to as “holders”) to annually report and deliver property to the State Controller’s Office if there has been no activity on the account or contact with the owner for a specified period of time (generally three years).

Contact is often lost when the owner forgets the account exists or moves and does not leave a forwarding address. In some cases, the owner dies with heirs who have no knowledge of the property.

California law requires all holders (corporations, businesses, associations, financial institutions, and insurance companies) of unclaimed property to attempt to contact owners before reporting their property to the State Controller’s Office.
Holders are required to send a notice to the owner’s last known address informing them that the property will be transferred to the State Controller’s Office for safekeeping if the owner does not contact them to retrieve it.

The State Controller’s Office sends notices to all owners of property that will be transferred to the state. These notices are sent out before the property is to be transferred, giving owners an opportunity to retrieve property directly from the holder.

there are no up-front fees for my services. In fact, I pay all expenses. Only when you recover your assets, do I receive my contingency fee. I offer my service on a 10% contingency basis.

A: There are a number of factors that determine collection time. The complexity of the claim, the laws governing when the money can be released, and how long the claim has been outstanding can all affect processing time.  In my experience with the state the average claim ranges from 8-9 months or as long as a year in some situations.  I will continually update you with the status of your claim as information becomes available. California Claim Finder is committed to expediting your claim as soon as administratively possible.