Blog Posts in Foreclosure Surplus

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  • What happens to the Florida foreclosure surplus funds if you are foreclosed on by a junior lienholder?
    What happens to the Florida foreclosure surplus funds if you are foreclosed on by a junior lienholder?

    Occasionally we have clients who have a surplus when they have been foreclosed on by their Homeowner’s or Condo Owner’s association, or from a second mortgage. Generally, these are considered to be ...

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  • Who gets paid first in a Foreclosure Surplus after the Foreclosure or Tax Deed Sale?
    Who gets paid first in a Foreclosure Surplus after the Foreclosure or Tax Deed Sale?

    In determining whether you are to receive Surplus Funds after your property has sold in a Foreclosure or Tax Deed Sale, we must look to any outstanding liens on the property. First and foremost, there ...

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  • How do you know if a subordinate lienholder is made a timely claim in your Foreclosure Surplus case?
    How do you know if a subordinate lienholder is made a timely claim in your Foreclosure Surplus case?

    When we are handling a foreclosure surplus case, many times we have found that a Subordinate Lienholder’s claim has not been made timely. When we find something like this, we are obliged to make sure ...

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  • How is your foreclosure surplus distributed?
    How is your foreclosure surplus distributed?

    Many of our new clients know they have surplus funds left over from a Foreclosure Sale or Tax Deed Sale. However, they don’t know how those funds are distributed from the courts, especially if the ...

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  • Florida Foreclosure Surplus Recovery Company Review: Don't lose control of your surplus funds case!
    Florida Foreclosure Surplus Recovery Company Review: Don't lose control of your surplus funds case!

    Foreclosure surplus recovery companies require you to assign away your rights to the surplus funds. This means, you lose complete control of your case. DO NOT assign away your surplus funds rights. ...

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  • Can a Subordinate Lienholder make a claim for Attorney's fees in a Foreclosure Surplus case?
    Can a Subordinate Lienholder make a claim for Attorney's fees in a Foreclosure Surplus case?

    We are often confronted with subordinate lienholders when handling a Foreclosure surplus case. Many of these subordinate lienholders will try to get as much of your surplus as they possibly can. This ...

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