Unclaimed Surplus Funds Recovery

Posted by Neilstark on March 12th, 2021

If you have lost your home to foreclosure, this is probably a devastating situation for you and your family. At Financial Relief Legal Advocates, we treat all debt-related legal problems with compassion and appreciation for getting the best possible result for our clients. That's why we want to ensure that you get everything you're entitled to in a foreclosure sale when your home sells for more than the mortgage value.

Those who lost their home to foreclosure are entitled to the difference between the sale and mortgage on the foreclosed home in a foreclosure situation. These are what's known as surplus funds. Such homeowners must understand their right to claim this money so that they can more confidently take the next step in their lives with all of their entitled assets.

When any surplus funds resulting from a foreclosure sale, the foreclosure trustee is required by law to deposit them to the home's previous owner. When this fails to happen due to the wrong address or any reason, the state government takes over the money.

At Financial Relief Legal Advocates, John Bauer, an experienced surplus funds recovery attorney in California, will relentlessly pursue the cash you are entitled to after a foreclosure sale. We understand you may be looking forward to these funds to get your life back on track. That's why we can persistently assert your right to claim your entitled surplus funds.

At Financial Relief Legal Advocates, surplus funds recovery attorney John Bauer will provide you with a half an hour face-to-face consultation at no cost to examine your surplus funds situation. Moreover, we charge nothing; we get paid only upon recovery of funds. Besides that, our services includes:

• Help you find out if there are any surplus funds you may be entitled to receive.
• Take immediate action to file your claim with the foreclosure trustee to access your funds as soon as possible.
• Handle all the necessary paperwork for the foreclosure funds recovery.
• Monitor your funds during the entire state statutory period.
• Represent you in court through an interpleader proceeding to secure your net funds, if necessary.

One important thing you must note that surplus funds are accessible only for a limited period. Once you exceed the time limit, you cannot recover them, so you must make sure you apply for the procedure as soon as possible.

Suppose you are looking for an experienced and skilled surplus funds recovery attorney in California. In that case, you may like to contact attorney John Bauer directly at Financial Relief Legal Advocates, Inc. at 714-319-3446 for helpful legal advice and assistance.