The Challenges Today For Elegant Plans Of Skip Trace

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Santa Clara County Sitting on $464,000 in Unclaimed Cash

More than 1,000 people are entitled to some of $464,000 on deposit with the county. (Photo by Jericho, via Wikimedia Commons) Revenue clerks try every means to locate rightful owners of the unclaimed money. In some cases, the recipients don’t want the cash or don’t have the records or identification to reclaim it. “Many efforts are made to locate owners of the unclaimed money, but we are unable to reach them because of limited or outdated information, or the business itself is not able to substantiate that the money belongs to them,” says Emily Harrison, Skip Trace the county’s finance director. People whose names, or names of their businesses, are on the list can fill out a claim form on the county website. Applicants will need to provide a valid ID to collect. The deadline to file claims is May 19. Money that remains after the deadline passes gets passed to a victim trust fund managed by the District Attorney’s Office. If it’s unclaimed in that account, it then gets shuffled to the county general fund and can be used as directed by the Board of Supervisors. Another list people might want to check out was released last month by state Controllor Betty Yee, who reported a record $8 billion in unclaimed property.

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