Every year, properties are sold through foreclosure proceedings.
Sometimes those properties sell for more than the amount needed to pay the debt, court costs, and other required expenses. When that happens, money may remain after the sale. These remaining funds are commonly called foreclosure surplus funds or surplus proceeds.
Our company researches records to identify situations where surplus funds may exist and then works to identify people who may have a legal interest in those funds.
Being contacted does not automatically mean you are entitled to receive the money.
Additional research is often necessary to determine who has a legal right to claim the funds. Depending on the circumstances, there may be other heirs, outstanding liens, probate issues, court requirements, or other factors that affect who is ultimately entitled to receive the money.
Our purpose in contacting you is simply to let you know that a potential claim may exist and to provide information so you can decide what, if anything, you would like to do next.