CA Residents: Does the state have your money?

Collarspace Discussion Forums

Home Login Search

CA Residents: Does the state have your money?

View related threads: (in this forum | in all forums)

Logged in as: Guest

All Forums >> [Casual Banter] >> Off the Grid >> CA Residents: Does the state have your money?

Page: [1]

Message

<< Older Topic Newer Topic >>

CA Residents: Does the state have your money? - 3/7/2007 1:27:05 PM

pissdoll

Posts: 343
Joined: 5/25/2005
Status: offline

Okay, so this is nothing new. California has super quick escheat laws. If you have a bank account you don't use for a (very short) period of time or if you don't cash a payroll or utility reimbursement check, or if an insurance company has a refund check for you that you never receive, the state has the right to take your money as unclaimed property.

Oh, they'll give it back to you. But only if you file a claim for it. About twice a year at work we all start talking about it and then go to the CA State Controller's website to see if we have a windfall.

My name never ends up on the list. i guess i know where all of my money is.

If you or your family lives in CA, do yourself a favor and check the site out. The state may have raided your funds.

http://www.sco.ca.gov/col/ucp/index.shtml

Profile

Post #: 1

RE: CA Residents: Does the state have your money? - 3/7/2007 5:23:09 PM

popeye1250

Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline

Hey PissDoll! What is the salestax rate out there in Calif. now?

(in reply to pissdoll)

Profile

Post #: 2

RE: CA Residents: Does the state have your money? - 3/8/2007 7:45:08 AM

marsman

Posts: 115
Joined: 2/16/2004
Status: offline

Thanks for reminding me pissdoll!

I found a couple of hundred bucks for my son.

_____________________________

Sex without love is an empty experience, but, as empty experiences go, it's one of the best.
-- Woody Allen

(in reply to popeye1250)

Profile

Post #: 3

RE: CA Residents: Does the state have your money? - 3/8/2007 7:53:19 AM

thompsonx

Posts: 23322
Joined: 10/1/2006
Status: offline

quote:

ORIGINAL: popeye1250

Hey PissDoll! What is the salestax rate out there in Calif. now?

popeye1250:
It is 7.25% but some cities and counties levy another lil something on for their own and can be as much as 1% more in some areas like Los Angeles and San Francisco.
thompson

(in reply to popeye1250)

Profile

Post #: 4

RE: CA Residents: Does the state have your money? - 3/8/2007 9:04:28 AM

juliaoceania

Posts: 21383
Joined: 4/19/2006
From: Somewhere Over the Rainbow
Status: offline

Thanks for pointing this out. I have heard of this before, and my brother collected about 1500 bucks this way. This reminds me to have my Daddy check what he has out there.

_____________________________

Once you label me, you negate me ~ Soren Kierkegaard

Reality has a well known Liberal Bias ~ Stephen Colbert

Great minds discuss ideas; Average minds discuss events; Small minds discuss people. Eleanor Roosevelt

(in reply to pissdoll)

Profile

Post #: 5

RE: CA Residents: Does the state have your money? - 3/8/2007 9:07:59 AM

juliaoceania

Posts: 21383
Joined: 4/19/2006
From: Somewhere Over the Rainbow
Status: offline

Hey, I found 100 bucks that belongs ot my Daddy!

Thanks again pissdoll, you just helped me be more useful

_____________________________

Once you label me, you negate me ~ Soren Kierkegaard

Reality has a well known Liberal Bias ~ Stephen Colbert

Great minds discuss ideas; Average minds discuss events; Small minds discuss people. Eleanor Roosevelt

(in reply to juliaoceania)

Profile

Post #: 6