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 a growing issue in housing and estate law. Legal experts are urging former homeowners, especially those affected by the 2020–2023 pandemic waves, to investigate whether they are owed funds from past foreclosure sales.
Even if the foreclosure occurred months ago, it may not be too late to file a claim.