Legal analysts are raising concerns over a growing number of foreclosure cases in which heirs to an estate are unaware they’re entitled to financial proceeds...
As inflation and interest rates continue to squeeze household budgets, foreclosure auctions are seeing a notable increase nationwide. According to recent data, foreclosure filings have...
Many homeowners who have recently experienced foreclosure may still have money owed to them — and they may not even know it. Surplus funds, the...
Time is critical in foreclosure surplus claims. In most jurisdictions, claimants must file within a specific statutory deadline, which can vary by state or county....
Foreclosure is stressful and fast-moving. In the chaos, many homeowners don’t receive clear information about the auction results or what they may be owed. Common...
If a foreclosed property was owned by someone who passed away, any surplus funds belong to their estate. In that case, surviving heirs may still...
It’s possible to file a surplus claim without an attorney, especially in simple cases. However, many choose to work with legal professionals for these reasons:...
As foreclosure rates trend upward, so too does the amount of unclaimed surplus funds sitting in court registries. This often-overlooked outcome of foreclosure sales presents...
Surplus funds don’t always go straight to the homeowner. If the foreclosed property had other debts or liens—such as: Second mortgages Judgments HOA dues Unpaid...
When a home sells at a foreclosure auction, the winning bid doesn’t always match the loan amount. If the home sells for more than what...
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