Frequently Asked Questions

Surplus funds, alternatively termed as 'overages' or 'excess funds,' arise when a property is sold at auction due to foreclosure, whether it be an association, mortgage, or tax-deed foreclosure. Frequently, the property fetches a price exceeding the foreclosure amount. These additional funds constitute a 'surplus,' rightfully belonging to the original homeowner or their heirs!

Typically, you must file a motion with the court to collect these funds. You have two options: hiring your own attorney, which can be expensive as they often charge hourly rates, regardless of success. Alternatively, attorneys working on contingency may charge fees as high as 30% or more!

In cases where claims are complex, our attorneys work diligently to establish your entitlement to the funds and ensure the court orders their release by the holding agency.

By partnering with us, all attorney fees and related expenses are covered. There are no out-of-pocket expenses for you, and we operate strictly on a contingency basis. We only receive payment if you do, and if no funds are recovered on your behalf, our services are completely free!

The individuals or entities eligible to claim surplus funds from a foreclosure sale typically include: Original Homeowner, Heirs or Assignees, Judgment Creditors, Other Lienholders or Government Entities.

It's important to note that the specific rules and procedures regarding surplus fund claims vary by jurisdiction, so individuals seeking to claim surplus funds should consult with a legal professional or the relevant authorities in their area for guidance.