The State of California Owes its Residents and Businesses over $8.6 billion in unclaimed property settlements. Search our database to see if California owes you money.
The process to claim your money can be time-consuming and frustrating. That is, if you are not well versed in the codes and regulations governing the restoration of unclaimed property.
Hughes Asset Recovery Team is composed of a group of specialist that will formulate your claim so that it adheres to the policies
defined by the State of California. When you work with Hughes Asset Recovery Team, we assure that your claim is accepted the first time you file .
Connect with us
We will use our proven suite of tools to search through unclaimed property records
to help you find unpaid money you are owed.
Gather Documents
The law requires copious documents to validate you are the rightful owner of the unclaimed assets.
Hughes Asset Recovery Team will advise and compile the correct files to assure your case is accepted
the first time.
Get paid
Our team of specialists will finalize your case and submit all necessary paperwork. Then, you will receive a check
from the State of California in recompense.
What is an unclaimed property?
The law asserts under Code of Civil Procedure (CCP), Sections 1500 - 1582,
and in the California Code of Regulations, Administrative Code, Title 2, Division 2,
Chapter 2, Subchapter 8, Articles 1 - 5, that business must report all assets owed to
their customers to the State Controller's Office. After 2 years of failed attempts in
contacting their clientele, businesses must turn over the assets to the State of California.
The State of California is not proactive in helping its people claim their unclaimed property,
because of this, Hughes Asset Recovery Team has stepped up to empower more people with the wisdom
on how to recover their money.
How can Hughes Asset Recovery Team help me reclaim unclaimed property from the State of California?
Depending on the property type, knowing what documents to include in the claim packet can be a headache.
The necessary documents required to claim your property are concealed in state codes and regulations, making
the process miserable. When a claim is denied, the State of California does not provide clear steps on how to
reconcile your claim. This can discourage many from filing their claim again. Hughes Asset Recovery Team is well
versed in the codes and regulations pertaining to reclaiming unclaimed property with the State of California.We
have the right expertise to compile your claim packet such that it meets the standards defined by the State of
California. In some cases, our clients no longer possess the files required by the State of California. Hughes Asset
Recovery Team is able to access public records to obtain copies of the documents the state requires.
What is the process to reclaim my unclaimed property from the state?
Here is an example of one our latest clients experience:
Joe closed his account with a business in California but wasn’t told that his
account still had funds remaining. After closing the account, Joe moved. The attempts by
the business to inform Joe about his remaining funds were unsuccessful because the business
did not have Joe’s new address.After two years, the business reported the funds to the State
of California. Hughes Asset Recovery Team connected with Joe to inform him about the lost money
the State of California was holding on his behalf. Joe did not have the proper documentation
to prove he had an account with the business so Hughes Asset RecoveryTeam tracked down all
supporting documentation and compiled Joe’s claim packet so that it met the standards and
regulations defined by the state. Within a few months Joe received a check from the State
of California. Do you have lost money like Joe? Contact us and we will search our database
of unclaimed property.
How much are the services provided by Hughes Asset Recovery Team?
You will never be asked by Hughes Asset Recovery Team for payment. We do not receive any kind of payment unless we
successfully recover the money we promised. To cover the cost of our services, we charge 10% of the recovered unclaimed
property value as commision. Our commissions are paid by The State of California, you will never be asked by our team to
provide payment for our services.
My claim has been denied by the state in the past, can Hughes Asset Recovery Team still help me?
Absolutely, filing an appeal for unclaimed property with the State of California can be frustrating.
Many claims are denied because the claim packet does not enclose the proper documents required by the
State of California. Hughes Asset Recovery Team has helped hundreds of claimants, who previously had
claims denied, submit the right evidence to claim their property. Email us at
hart@hughesassetrecoveryteam.com or click the link below to get in touch with us directly to see how
we can help you claim your money.
How long does it take to receive payment from the State of California for the unclaimed property
I am owed?
The State of California can take up to 6 months to process unclaimed property claims. Claims can be
filed quicker, the driving factor is the type of property or asset being recovered. The process can
take much longer if your claim is denied due to missing documents. To certify your money is received
quickly, consult Hughes Asset Recovery Team on the documents needed to authorize your ownership to
guarantee your claim is accepted the first time you file.
