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Florida Foreclosure Surplus Funds Beware of Third-Party Surplus Funds Recovery Companies

Almost every day I receive a call from a prospective client who has been contacted by a Third-Party Surplus Funds Recovery company claiming that they will help them recover their Florida foreclosure surplus funds. Each call starts the same — the prospective client states they were contacted the same day that their Florida property was sold at a Florida foreclosure auction, and they were unsure as to whether they could trust said company as they believed it to be a scam. I can tell you that their decision to consult with an experienced Florida foreclosure surplus funds recovery attorney was a great one.

Third-Party Surplus Funds Recovery companies are everywhere nowadays, and for the most part these companies are not to be trusted. The reason you cannot trust these companies is due to how little these companies are regulated. As a result of the miniscule regulation, these companies often take advantage of former homeowners’ by taking large amounts, or even the entirety, of the surplus funds that they, the former homeowner, are entitled to. The way Third-Party Surplus Funds Recovery companies due this is by having the former sign a document that assigns away their interest in said surplus funds to the company. Meaning that, the former homeowner is essentially giving away their interest, or rights, to said surplus funds to the Third-Party company. Once a former Homeowner, realizes what they have done, or becomes uncomfortable, they will contact an attorney, and by that time it is usually too late for the attorney to assist them, especially if the surplus funds have already been disbursed to the Third-Party company. However, I have had several cases where I have been able to reinstate former homeowners’ interests, or rights, to their surplus funds.

As you can see this is why I always recommend that a former Homeowner contact an experienced Florida foreclosure surplus funds recovery attorney immediately after being contacted by a Third-Party company or once they have learned that there are surplus funds available after the Florida foreclosure sale of their Florida property.

If you are reading this as a former Florida Homeowner whose home has recently been sold at a Florida foreclosure auction and would like to know if there are surplus funds available for you to claim, then please give me a call and I will personally give you a free consultation. During our consultation, I will confirm whether there are surplus funds available to be claimed as well as answer any questions that you may have. If there are surplus funds available to be claimed, then I will also provide you with a personalized strategy as to how we can assist you with the filing of your claim.

At Haynes Law Group, P.A., we have experienced Attorneys who are well-versed in the Florida statutes governing former Florida homeowners’ claims to Florida foreclosure surplus funds and have helped to claim millions of dollars for former Florida homeowners. We represent former Homeowners all over the state of Florida, no matter which county they are in, and will work tirelessly to ensure that you receive the Gold Standard of Legal Service.

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