About RecoverOwed
RecoverOwed is a private company that helps California businesses get back money held for them by the California State Controller.
Why we started
When we analysed the Controller's unclaimed property file, we found 20,456 business-type owners with California addresses each owed $10,000 or more, $691.4 million in total. Most of that money has sat for years, not because owners do not want it, but because a business claim takes paperwork that busy owners rarely have time to assemble.
How we work
- We focus on businesses and on claims of $10,000 and up.
- We charge 10%, the California legal maximum, and only after the Controller pays.
- We show every property, its value and its holder in writing before you sign.
- We publish our numbers and our method, and we never put any owner's name on this site.
- We use plain language, and we do not use seals, badges or names that could be mistaken for a public office.
Where we work
California today. We are studying other states' rules and will add them when we can serve them properly; see other states.
Contact
Call (213) 377-6878 or use the contact form.