Surplus Funds from Florida Foreclosures Go to Lienholders If Homeowners Don’t Act
Miami, FL – April 2025
If a Florida homeowner doesn’t claim their surplus funds, lienholders may step in to collect instead. Under state law, junior lienholders — such as HOAs or credit card judgments — can file claims for leftover foreclosure proceeds once the homeowner’s claim deadline expires.
“We see it all the time: families lose out simply because they didn’t file first,” said legal researcher Hannah Meeks. “Timing is everything.”
Homeowners are urged to file quickly and seek assistance before courts redistribute funds to creditors.
