Claim Missing Money With Found Money®

Are you one of the people in California that promised yourself not to over spend during during Christmas shopping but couldn’t resist all those sales before and after Christmas. Now you find yourself wondering how you are going to pay off those credit cards once your statements start to come in the mail next month. You will be happy to know that there may be way to pay off that debt by the click of your computer mouse.

Palonek, founder of Foundmoney.com, a company specializing in helping people find unclaimed money, since 1994, says that you may be one of millions of Californians owed money by the State.

John Chiang, the Controller for California says that from January 2007 through the end of 2009, his office sent out 3.17 million notices, which consisted of 1.27 million letters that were warning owners their property was about to be sent to the State, and another 1.89 million notifying owners their property had been sent to State.

Last year, California passed new unclaimed property rights to protect owners of such property. Financial institutions can no longer send the contents of "abandoned" safe deposit boxes to the State if the owner has other active accounts. It also prohibits the transfer of other “inactive” accounts if the owner has an active IRA. In addition, a business must prove they sent due diligence notices informing owners that their property was about to be sent to the State if they want to avoid any liability.

According to Palonek, this part of the provision found in the new legislation now gives unclaimed property owners an important legal remedy that will protect them if they suffer any loses due to the business' failure to properly notify the owner of the unclaimed account.
“Many folks could use some extra cash right now to pay off those credit card bills and Foundmoney.com wants to help give Californians get back their unclaimed accounts”, says Palonek.
The State of California is currently in possession of more than $5.7 billion in Unclaimed Property belonging to approximately 11.6 million individuals and organizations.
The most common types of Unclaimed Property for Californians are:
• Bank accounts and safe deposit box contents
• Stocks, mutual funds, bonds, and dividends
• Uncashed cashier's checks or money orders
• Certificates of deposit
• Matured or terminated insurance policies
• Estates
• Mineral interests and royalty payments, trust funds, and escrow accounts.
California Unclaimed Property Law does NOT include real estate property.
You could be one of those lucky Californians that have money just sitting there waiting to be claimed. Don’t delay, start your search, you could be richer that you think
Contact
Foundmoney at www.foundmoney.com
Edward Palonek at www.edwardpalonek.org

“Foundmoney was the first company to make the national database of unclaimed money searchable on the World Wide Web. Today Foundmoney is often duplicated but never replicated.” says Mr. Palonek. People can now find out within seconds, if any property belongings to them. Unlike in the past where finding money was a difficult process due to the enormous complexities with the records not been digitized. "Finding lost and forgotten family money couldn't be any easier or more fun, says Mr. Palonek, whose company has a successful track record in reuniting people with their unclaimed or "lost" money. Individuals can now check this out in the convenience of their homes, simply by visiting our website at www.foundmoney.com.

Palonek and Found Money
http://blog.foundmoney.com
http://www.foundmoney.com

Are you one of the people in California that promised yourself not to over spend during during Christmas shopping but couldn’t resist all those sales before and after Christmas. Now you find yourself wondering how you are going to pay off those credit cards once your statements start to come in the mail next month. You will be happy to know that there may be way to pay off that debt by the click of your computer mouse.

Palonek, founder of Foundmoney.com, a company specializing in helping people find unclaimed money, since 1994, says that you may be one of millions of Californians owed money by the State.

John Chiang, the Controller for California says that from January 2007 through the end of 2009, his office sent out 3.17 million notices, which consisted of 1.27 million letters that were warning owners their property was about to be sent to the State, and another 1.89 million notifying owners their property had been sent to State.

Last year, California passed new unclaimed property rights to protect owners of such property. Financial institutions can no longer send the contents of "abandoned" safe deposit boxes to the State if the owner has other active accounts. It also prohibits the transfer of other “inactive” accounts if the owner has an active IRA. In addition, a business must prove they sent due diligence notices informing owners that their property was about to be sent to the State if they want to avoid any liability.

According to Palonek, this part of the provision found in the new legislation now gives unclaimed property owners an important legal remedy that will protect them if they suffer any loses due to the business' failure to properly notify the owner of the unclaimed account.
“Many folks could use some extra cash right now to pay off those credit card bills and Foundmoney.com wants to help give Californians get back their unclaimed accounts”, says Palonek.
The State of California is currently in possession of more than $5.7 billion in Unclaimed Property belonging to approximately 11.6 million individuals and organizations.
The most common types of Unclaimed Property for Californians are:
• Bank accounts and safe deposit box contents
• Stocks, mutual funds, bonds, and dividends
• Uncashed cashier's checks or money orders
• Certificates of deposit
• Matured or terminated insurance policies
• Estates
• Mineral interests and royalty payments, trust funds, and escrow accounts.
California Unclaimed Property Law does NOT include real estate property.
You could be one of those lucky Californians that have money just sitting there waiting to be claimed. Don’t delay, start your search, you could be richer that you think
Contact
Foundmoney at www.foundmoney.com
Edward Palonek at www.edwardpalonek.org

“Foundmoney was the first company to make the national database of unclaimed money searchable on the World Wide Web. Today Foundmoney is often duplicated but never replicated.” says Mr. Palonek. People can now find out within seconds, if any property belongings to them. Unlike in the past where finding money was a difficult process due to the enormous complexities with the records not been digitized. "Finding lost and forgotten family money couldn't be any easier or more fun, says Mr. Palonek, whose company has a successful track record in reuniting people with their unclaimed or "lost" money. Individuals can now check this out in the convenience of their homes, simply by visiting our website at www.foundmoney.com.

Palonek and Found Money
http://blog.foundmoney.com
http://www.foundmoney.com

Merry Christmas and a Happy New Year. Let the New. Take time from all the typical rush to keep in mind what is the true value of what the holidays. What they represent and mean. Connect with your family, appreciate the many blessings you have in your life, and be proud of all your accomplishments no matter how great or small. Never forget to take some time for yourself and reflect upon your dreams, intentions and values for the New Year.

We wish you the best and let your fortunes be found

Amazing Grace Techno - Computer Controlled Christmas Lights from Richard Holdman on Vimeo.

The Found Money Team

You — yes, you — may own part of a $2 billion treasure trove held by the Texas Comptroller’s office. That’s the estimated value of unclaimed property — including over payments, co-op dividends, abandoned bank accounts, royalties and the contents of safe-deposit boxes — that state law requires the Comptroller to hold for its rightful owners.
Banks and companies make every effort to unite these assets with their rightful owners, but if they cannot after a one to five year period, the assets are turned over to the state. Then, the Comptroller’s Unclaimed Property Division works diligently to give Texas citizens back what is rightfully theirs.
“Many folks could use some extra cash right now, and we want to give Texans back their property, whether it is personal property or money that could save taxpayer dollars by going back to city and county treasuries,” says Comptroller Susan Combs.
In fiscal 2009, the Comptroller’s office returned more than $147 million, about $24 million more than in 2008. We want that figure to continue to rise, and we're working harder than ever to reunite Texans with their unclaimed property.
Claim Amounts
The average claim paid out to individuals is about $1,000. Many claims are much higher, although no one has come close to Dallas resident Winston D. Johnson, who claimed and received nearly $4.3 million in 1996.
How to Find Money
Nearly a decade ago, the Comptroller’s unclaimed property hoard went online, in a database allowing anyone to search for their names and file a claim to have their funds returned. Search for yourself, your family and your friends today. See what may be owed to you. Our database is updated regularly with new property received by the Comptroller’s office.

Wondering what you can do for Christmas? You could get your picture taken with Santa or you could find a box under the Christmas tree filled with money.

Edward Palonek from Found Money says, “Texas residents may own part of a $2 billion treasure trove. That’s the estimated value of unclaimed property — including overpayments, co-op dividends, abandoned bank accounts, royalties and the contents of safe-deposit boxes held for Texans.”

Banks and companies make every effort to unite these assets with their rightful owners, but if they cannot after a one to five year period, the assets are turned over

in unclaimed money that remain to be claimed. Some of this money is in the form of dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings. Unclaimed Property also includes tangible property such as jewelry, coins, currency, stamps, historical items and other miscellaneous articles, from safe deposit boxes.

“With just 71,220 families in Tampa, the chances of finding money are pretty good”, says Palonek. It appears that half of these families could have some unclaimed money. This works out to be roughly a $368 per family. Some Tampa residents have more money then others.

Mr Palonek, founder of FoundMoney.com, helps to reunite people with their lost or forgotten money and was the first to create a national database. Foundmoney, a company started in 1994, specializes in unclaimed money and has reunited thousands of people with their lost and forgotten money.

To search for your name visit foundmoney.com’s website and you could find that unexpected gift full of cash.

Contact
Foundmoney at www.foundmoney.com

The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading to a showdown between states who say they should be given the money and a Treasury Department that claims ownership.

The Federal government is trying to keep its holder status of the 16 billion dollar unclaimed bonds. The local states are seeking the money to aid them in the budget shortfall. In other words the local states government could use the unclaimed money that belongs to the rightful owners for their purpose. Here is a short summary of what is going on:

• Over $16 billion in world war bonds are unclaimed
• These bonds where being sold until the late 1980’s
• Bonds have a 40 year maturity
• Chances are your parents or even grandparents bought at least one of these bonds

It is important that these unclaimed bonds remain in the hands of the Federal government so that rightful owners have the opportunity to claim these funds.

It is also important to search for your parents name, grand parents, use a combination of your mother’s maiden name. To search for your money please visit www.foundmoney.com

Full article from AP

Unclaimed Guru specialized in the field unclaimed funds. A dedicated and proactive member who seeks to locate the rightful owner of these funds. Please feel free to ask Unclaimed Guru questions about these funds down below.

Reuniting Bondholders with their matured unredeemed savings bonds

Great news for bondholders. Mr. Rockefeller together with Mr. Roberts and Mr. Leahy have introduced a bill to establish a program to reunite bondholders with matured unredeemed United States savings bonds.

The name of the soon to be Act is the “Unclaimed Savings Bond Act of 2009”, according to Rockefeller.

Up until now, little or no effort has been made to locate and contact bondholders that are holding until matured unredeemed savings bonds. There are currently over $16.5 billion in associated bond proceeds that have yet to be claimed. At the moment the Government does not have an organized program to identify the owners of all matured unredeemed savings bonds and return this new found money to their rightful owners.

Although over $1.5 billion of unclaimed money and property is being turned over to their rightful owners by the State Offices, the Federal Government provides very little assistance to help in the State Office locate the bond holders.

“At the moment, the proceeds of the matured unredeemed savings bonds are held in the United States Treasury, these unclaimed bonds are not Federal funds and belong to bond owners, not the Federal Government” says Edward Palonek, president of Foundmoney.com.

According to Mr. Palonek “by having the Federal Government join forces with at the State level, these should substantial increase the likelihood of locating the owners of these bonds which would in turn help stimulate the economy with all this new found money”.

The Federal Government plans to, firstly attempt to identify and locate the owners of specified unredeemed savings bonds and then to provide assistance to States in the form of bondholder location and assistance grants, for the purpose of owner location and notification activities with respect to these bonds.

Foundmoney.com manages millions of records which consist of billions of dollars of unclaimed accounts that still need to be claimed. Since 1995 foundmoney.com has been helping Americans claim money they didn’t even know they had.

Past customers have thanked us for bringing to their attention the possibility of finding money for themselves or family members and have commented on what a wonderful service we are offering” says Mr. Palonek.

The Unclaimed Savings Bond Act of 2009 bill will compel the Federal Government to put the bonds holder records in a digital format and all access to these records of the State Agencies which will then try to locate the owners of these matured unredeemed savings bonds. This will allow State agencies to do a web search to locate a bond holder.

Most of the unredeemed bonds appear to be from Series E which were first issued in 1941 and then reached maturity in 1981. This series was discontinued over 40 years ago.

“This new system to track down the rightful owners and return the bond proceeds to them will help the millions of Americans which are the holders of the more than $16.5 billion in bonds don’t even realize” says Mr. Palonek from foundmoney.

You can be richer than you think. Visit foundmoney.com to see if you are one of those lucky Americans that may have unclaimed money waiting for you.

Posted by Missing Money