Claiming foreclosure surplus funds involves several key steps:
- Confirm Surplus Exists – Check court records or the clerk of court to verify whether excess funds were generated.
- Check Eligibility – Only certain parties (usually the former homeowner or lienholders) are allowed to claim the funds.
- File a Claim – A motion or form must be filed with the court, typically with supporting documentation.
- Wait for Court Approval – The judge must approve the claim before funds are disbursed.
In Florida, claims are generally submitted to the same court that handled the foreclosure.