Common Questions About Unclaimed Money
What are foreclosure surplus funds?
Foreclosure surplus funds are the extra money left after a property is sold at a foreclosure auction. If the sale price exceeds the amount owed on the mortgage, the remaining funds may belong to the former owner or their heirs.
How long does it take for me to get my money?
The moment we receive your signed Agreement, we start immediately working on your claim. The paperwork and quality control on our end are usually ready that day or the next business day. The longest waiting time is the time it takes for us to get a hearing scheduled before the judge presiding over the case. Since it’s been backed up lately in most courts, we sometimes do not get a hearing date until a month or so later. But after the hearing, the judge typically signs a court Order releasing the funds and you can expect your money about 3 weeks afterwards.
How do I know this is not a scam?
The first thing is that we NEVER ask for any money up front. We work on a contingency basis and get paid ONLY on successful recovery of your money. The next thing is that we don’t ask for any additional personal information because we’ve already qualified you as the rightful owner or heir/beneficiary before we even attempt to contact you.
How long does the recovery process take?
The timeline depends on the type of asset and the agency holding the funds. Some claims may take a few weeks, while others can take several months if additional documentation or verification is required. We monitor the process closely and keep you informed every step of the way.
Do I need documentation to file a claim?
Yes, most claims require proof of identity and proof of ownership. This may include identification, prior addresses, legal documents, or estate paperwork. Our firm guides you through gathering the proper documentation to help avoid delays or denials.