When searching for help recovering foreclosure surplus funds, you may come across companies or individuals advertising “guaranteed payouts.”  While these claims can sound reassuring—especially when money is urgently needed—they should actually raise red flags. In surplus fund recovery, no legitimate provider can guarantee a payout , and understanding why can protect you from costly mistakes. Why No Surplus Claim Is Ever Truly Guaranteed Surplus funds are distributed under cou

Receiving approval for a surplus funds claim is a major milestone—but approval doesn’t always mean the funds are immediately released. In some cases, clerical or administrative errors  can delay payment, trigger additional review, or even temporarily halt disbursement. Understanding how these errors occur—and how to prevent them—can protect your claim and help you avoid unnecessary setbacks. What Are Clerical Errors in Surplus Claims? Clerical errors are non-substantive mista

Why identity verification is a critical step in surplus fund recovery Recovering surplus funds after a foreclosure isn’t just about proving you’re owed money—it’s also about proving who you are . Courts take identity verification very seriously before releasing any surplus funds to prevent fraud, mistaken payments, or unauthorized claims. Understanding how courts verify identity can help you avoid delays and ensure your claim moves forward smoothly.   Why Identity Verificatio

Why knowing the right court matters when recovering surplus funds When a property is sold at foreclosure and surplus funds are generated, many former homeowners and heirs assume the money is automatically easy to find. In reality, where surplus funds are held depends heavily on court jurisdiction —and misunderstanding this can lead to missed funds or unnecessary delays. Understanding how jurisdiction works is a critical step in successful surplus fund recovery. What Does “Cou

Why homeowners and heirs must stay alert as timelines evolve across the U.S. In recent years, several states have passed new laws affecting how long homeowners and heirs have to claim surplus funds after a foreclosure. These legislative changes are meant to increase transparency, improve fairness, and comply with major court decisions—but they can also create confusion for families trying to claim money owed to them. If you or a loved one recently went through foreclosure, u

Understanding the final steps before receiving your excess proceeds Getting the news that your surplus funds claim has been approved is an exciting moment—especially after navigating paperwork, verification, and court reviews. But many homeowners and heirs are surprised to learn that approval is not always the final step. There are still several important stages between approval and actually receiving your funds. Here’s a clear breakdown of what typically happens next, how lo

Understanding when in-person appearances are required—and when they’re not. Recovering surplus funds after a foreclosure can be a confusing process, especially when homeowners or heirs are unsure whether they must attend a court hearing to receive their excess proceeds. While some cases require an in-person or virtual hearing, many do not—it all depends on the county, the complexity of the claim, and whether there are disputes. Here’s everything you need to know about when co

Understanding how POA authority works in foreclosure surplus recovery When a property goes through foreclosure and sells for more than the amount owed, the extra money—called surplus funds—belongs to the former homeowner or their rightful heirs. But what happens if the homeowner is unavailable, incapacitated, out of state, or needs someone to act on their behalf? In these cases, a Power of Attorney (POA) can play an important role. However, not all POAs are the same, and not

Surplus funds—also known as excess proceeds—are created when a foreclosed property sells for more than the balance owed on the mortgage or tax debt. These funds rightfully belong to the former homeowner or, in some cases, their heirs. But what happens if the homeowner filed for bankruptcy before or after the foreclosure? Can a bankruptcy trustee legally claim those funds? The answer depends on when bankruptcy was filed, the type of bankruptcy, and whether the surplus funds ar