Unclaimed Assets in Los Angeles County Surpass $2.6 Billion

Thousands of Local Residents May Be Eligible to Recover Dormant Funds

As of mid-2025, over $2.6 billion in unclaimed assets have been identified in Los Angeles County, representing one of the largest regional totals in California. These funds may be claimed by individuals or businesses who can verify their connection to the reported accounts.

How Assets Become Flagged

Under California law, when a financial institution or entity loses contact with the owner of an account and no activity occurs for a defined period, the funds are considered abandoned. These unclaimed assets are then:

Reported to the state
Held securely until claimed by a verified owner or heir
Publicly listed to allow potential claimants to identify their funds

In Los Angeles County, many of these funds remain unclaimed due to lack of awareness or confusion about the recovery process.

How to Begin the Claim Process

If you’ve received a Notice of Abandoned Assets referencing a Los Angeles County address, you may be eligible to recover funds. Required steps include:

Submitting a valid government-issued ID
Completing the appropriate Claim Form
- Claims exceeding $10,000 require notarization
Uploading documents securely via the claim portal
Tracking claim progress online

Claim Processing

Claims are reviewed in the order received
Processing time typically ranges from 60 to 90 days, depending on:
- Claim type
- Volume of submissions

Data Reference

Figures compiled from public reporting data and searchable records
Maintained under California Code of Civil Procedure Title 10, Chapter 7
California holds over $11 billion in unclaimed assets
Los Angeles County consistently accounts for a major share

Next Steps

If you’ve received a notice or believe you may be entitled to unclaimed funds:

➡️ Visit ClaimNotify.org to begin verification and submit your claim.