Military families often face a unique burden in foreclosure: many don’t receive timely notice of surplus funds owed after a VA loan foreclosure sale. In numerous cases reviewed by The Foreclosure Focus, heirs of veterans lost tens of thousands of dollars in surplus because they didn’t receive post-sale notices, and probate was never initiated.
This press release advocates for veteran-specific surplus protections and standardized procedures between county courts and VA foreclosure departments. Families who served should not be penalized by bureaucracy.