Unclaimed funds refer to money or other assets that have not been claimed by their rightful owner. These can include dormant bank accounts, stocks, uncashed checks, insurance payouts, inheritances, mutual funds, and more. Often, these funds go unclaimed due to old addresses, name changes, or simply being forgotten over time.
After some time, these funds must be reported to the state as abandoned property. The state then holds the money borrowing it for state programs and earning interest. Many of the individuals owed are never successfully notified or properly instructed of the process needed to claim the funds. That’s where we come in.
There were attempts to reach out to every single individual owed, but many times its to the wrong address or a discontinued phone number. You might have moved addresses or missed a simple phone call in the past. The mail they send to an address can easily be misplaced or sent out long after you moved addresses.
After 2-3 years of the initial attempt to reach you, property holders are required by law to report the funds as abandoned property and transfer them over to the state. As registered state fund locators, our job is to inform you and reconnect you with your owed property.
We understand that the process of reclaiming unclaimed funds can be daunting and overwhelming, especially with the prevalence of scams. We will never ask for any money upfront nor will we ever request your credit card information. Our processing fee is only taken after you have received your funds and is paid to us directly by the state with no out-of-pocket cost to you. As registered state fund locators, we follow strict protocols and maintain a high level of professionalism to ensure transparency and peace of mind.
As registered state fund locators, our team is authorized and well experienced in handling unclaimed funds. We prepare your case, file all the required documents, and send out our notary for document verification. We deal with the state on your behalf and manage the entire process from start to finish. Our team ensures that your claim gets through accurately and as quickly as possible, providing a convenient and reliable service. Additionally, we always do an in-depth search and often find additional funds that we can claim for you in addition to the claim we reached out to you about initially.
For Non-Deceased Claims:
Identification: A government-issued photo ID, such as a driver's license, state ID, or passport.
Proof of Address: A recent utility bill, bank statement, or other official document showing your current address.
Claim Forms: Any claim forms or documents specific to your claim, provided by GovRecover that require notarization.
For Deceased Claims:
Identification: Your government-issued photo ID, such as a driver's license, state ID, or passport.
Proof of Relationship: Documents that establish your relationship to the deceased, such as a birth certificate, marriage certificate, or other legal documents.
Death Certificate: An official copy of the deceased individual's death certificate.
Letters of Administration or Probate Court Documents: Legal documents that establish you as the executor or administrator of the deceased's estate.
Proof of Address: A recent utility bill, bank statement, or other official document showing your current address.
Claim Forms: Any claim forms or documents specific to your claim, provided by GovRecover that require notarization.
By bringing these documents to your notary appointment, you ensure that the process proceeds smoothly and that your claim can be processed with
There is zero out-of-pocket cost to you. Once we successfully process your claim, the state will mail you a check. Only after you receive your payment, the state sends us a processing commission from the funds owed.
This means if you don’t get paid, we don’t get paid, which is why we guarantee that you will.
In most cases, there are multiple properties linked to different addresses and names. Part of our process is to find every single claim owed to you in California.
If you have one unclaimed property, chances are there are more. We will work with you and search every single possible address and name that additional properties may be tied to.
We begin processing your claim the day after your notary appointment.
Once we have submitted your case with all the required documentation, the state will usually take around 3 to 6 months to send you a check in the mail.
Please be advised that depending on the type of property owed, the state may take longer to process your claim.
This depends completely on the type of claim. Number of owners held with each claim, if the primary owner is deceased, number of co-owners, claim amount, property type, and the heir allocation per owner.
We will ensure every necessary form or additional documents are signed and filled out accurately in order to successfully process your claim.
The two main forms of identification are an ID and proof of address. Proof of ID can be a valid passport, driver’s license, birth certificate or state ID. Proof of current address is required and can be a utility bill or any document proving that you in fact receive mail at the reported address.
If the primary owners tied to your claim are deceased you will need to have a copy of the death certificate. The state requires all of these documents to prove you are who you say you are, and to ensure that these funds are going to the correct individual.
More proof may be required depending on the claim type. We will work with you to ensure you have every single document necessary to release the funds.
No, neither the state nor we can transfer your unclaimed property funds electronically
(For claims exceeding above $1000 in property value).