Would you believe the statement that Angelina Jolie is owed
unclaimed money by the state of California? Unclaimed money is owed to an individual when the money belonging to him or her has not been claimed for three years. If the person is not traceable after the period of three years expires, the money becomes unclaimed money. Now, do you think Angelina Jolie is untraceable? Logically speaking, tracing Angelina Jolie to return the unclaimed money owed to her must be the easiest task around. However, the truth is that even she is owed money by the state of California. This makes one wonder whether the State is interested in returning the money or whether the State is merely paying lip service to the task of tracing the owners of unclaimed money.
What confirms the suspicion into certainty is that the State of California owes money to the State of California itself!! Apparently, a few State offices in California have money owed to them as unclaimed money. This includes 50+ unclaimed money accounts for the California State Department, 200+
unclaimed money accounts for the State of California itself while 30+ accounts for various California State Boards. Now, 280 odd accounts have not been repaid despite the fact that the person owed the money is the person who is going to repay the money. California cannot even find itself to return the funds owed to it!
The lackadaisical approach of the State has finally come under the scrutiny of the courts. On June 1, 2007, a federal judge in California ordered the State to halt seizure of
unclaimed property. The court ordered so because the money was flowing in but never being returned. The State of California is not the only State to fail in its duty of repayment of money.
Billions are acquired annually and spent as general funds when they ought to legally be returned to their owners.
Well the money is waiting to be repaid and some body has to take action in this regard. That is why there are websites like
www.usunclaimed.com, which have identified the urgent need to solve this problem on war footing.
States make the mistake of restricting their efforts to their state only. The website of the state will enable the visitor to search the database of just one state. The remaining 49 states and the federal database shall remain untouched. On the other hand, private sites are assisting citizens to searching for and to claiming the unclaimed money.
www.usunclaimed.com has created databases that allow the individual to search for records from all the fifty states in one go. The comprehensive search enhances the chances to permanently reduce the problem of money remaining unclaimed. Such websites offer information on the proper procedure to reclaim the money as well. Forms and instructions are also provided. The problem of unclaimed money is a multi billion dollar problem and
www.usunclaimed.com is doing its bit to assist the Americans.
USunclaimed.com has gone ahead and compiled one of the largest databases for unclaimed money in the world. The database contains over 200 million records. The database is hosted on
www.usunclaimed.com and the effort of the website has done a lot to reunite the persons who are owed unclaimed money with their hard earned money. The site offers additional information on unclaimed money and a free unclaimed money search as well.
