Understanding What Happens After A Foreclosure
In the event of a tax deed or mortgage foreclosure, the county holds a foreclosure auction on your property due to unpaid taxes or an unpaid mortgage balance. The opening bid at this auction is for the amount of taxes or mortgage that is owed.
What most people do not know is that these properties sell for an amount that is higher than the opening bid and any profit remaining is due to the previous owner.
The county sends out surplus notification letters, but most of the time it's to the last address on record so you are never informed.
Our job is to step in and assist you in filing this claim, we work directly with the county and can assist you in recovering these funds.
Unclaimed State Funds
Unclaimed state funds are forgotten money from individuals. This might sound strange but it's true, many people have unclaimed funds that are due to them. When bank accounts, safety deposit boxes, uncashed checks, money orders, insurance policies, stocks, bonds, mutual funds, trust funds, royalties, and escrow accounts go unclaimed, they end up in the state's treasury. These institutions are required
to do an annual report to the state's treasury and after a few years of failed contact they turn these funds over to the state.
We charge no money up front and only get paid when your claim is paid out. Call or email us now to recover your assets and get paid!
Unclaimed Funds In Bankruptcy
Unclaimed funds are held by a federal court for someone who is entitled to the money, but who has failed to claim ownership of the funds.
Unclaimed funds may arise out of a variety of circumstances in bankruptcy cases, such as:
✔ Incorrect address for the recipient
✔ Uncashed distribution checks
✔ Death of intended recipient
Unclaimed funds may be claimed at any time by an owner, successor, or other claimant who proves a right to the funds.
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