Surplus Foreclosure Funds Attorneys in St. Cloud, FL
Could your property in St. Cloud sell for more than expected at a foreclosure auction? When the sale price exceeds the outstanding mortgage, court fees, and liens, the additional money is known as surplus foreclosure funds. You might have the right to claim these funds as the original homeowner. Competitive bidding during foreclosure auctions in St. Cloud communities like Anthem Park, Stevens Plantation, and Canoe Creek may sometimes lead to surplus funds.
Surplus foreclosure funds can feel like a lifeline during a difficult time, but the process to claim them can be complex. That’s where Haynes Law Group can help. Our team and founding attorney Benjamin C. Haynes, Esq., recognized as a Super Lawyers® "Rising Star," bring extensive knowledge to help clients through the legal steps required to recover their surplus funds.
Call (888) 252-8754 today. We’re here to guide you every step of the way, ensuring your rights are protected and your claim is handled seamlessly.
Who Is Eligible to Claim Surplus Funds?
Generally, the homeowner listed on the deed before foreclosure has the first right to claim surplus foreclosure funds. However, other parties with a financial interest, such as lienholders, may also have the right to pursue these funds if they can prove their claims. If you’re unsure whether you qualify, connecting with surplus foreclosure funds attorneys in St. Cloud can provide the guidance you need to understand your eligibility.
How to Claim Surplus Foreclosure Funds
Securing surplus funds involves multiple legal steps.
Here’s an overview of the process:
- Filing a Motion – The first step is notifying the court that you intend to claim the funds by filing a formal motion.
- Providing Proof of Claim – You must submit evidence of your right to claim the surplus, such as proof of property ownership or lien documentation.
- Awaiting the Court’s Decision – The court will review the evidence and decide whether or not to release the funds to you.
Although this may seem straightforward, the actual process is often filled with legal nuances, making it highly beneficial to work with knowledgeable legal professionals. Haynes Law Group has the experience to handle these complexities, ensuring every step of your claim is executed properly.
Why Work with a Skilled Surplus Funds Lawyer?
You’re not required to have an attorney to file for surplus foreclosure funds, but working with a legal professional can significantly increase your chances of a favorable outcome.
The experienced St. Cloud surplus funds lawyers at Haynes Law Group can:
- Ensure all documents are completed and submitted accurately.
- Handle any objections or disputes that may arise from other parties.
- Keep track of critical deadlines, so you don’t lose your opportunity to claim funds.
With our experienced team leading your case, you can feel confident knowing you have skilled attorneys in your corner who genuinely care and understand Florida foreclosure laws.
Our Clients Share Their Stories
At Haynes Law Group, your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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Ben, I want to say thanks for the great professional service provided by you and your staff from the first call and consultation to winning my foreclosure surplus funds! You gave me great confidence that you understood the laws very well and would give me the best representation for handling my foreclosure surplus case.B.H.
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The entire team at Haynes Law Group are a pleasure to work. I contacted Ben about an HOA issue which he was ready to take on , but it got resolved before I had to take legal action. We ended up having Haynes Law Group write our will. Their legal knowledge,information are outstanding, but most importantly they connect with their clients on a personal level. Ben and Danny are outstanding attorney's but more important, they are outstanding people. The entire team Ben, Danny and Ashlee are the legal team you want on your side.J.A.
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We contacted Haynes & De Paz as we quickly realized we required assistance obtaining surplus funds from a foreclosure sale. Being from Canada and having an extra messy case with numerous parties involved - the process was extra confusing and we did not know the best way to go about this. We initially thought it would be a simple procedure in that once the sale occurred and once there was confirmation that there were in fact surplus funds - we'd fill out a basic template form to obtain those funds. We couldn't have been more wrong but this is a common misconception. After an attempt to contact the court with no response, we quickly realized we needed the help from an expert. We located Mr. Benjamin Haynes at Haynes & De Paz but had concerns being that he was located in a different county in FL than the court was in... Mr. Haynes didn't even bat an eye. I filled out a form online requesting information and within minutes he called me personally. The entire procedure including the Motion took less than two weeks and I can't believe how efficient he was. He and his assistant, Ashlee are remarkable at communicating with you and updating you every step of the way. The legal fees are reasonable and well worth it. This turned a nightmare into a dream. I highly recommend Mr. Haynes to assist in your surplus funds case... my review is just one of the many that can vouch for his remarkable professionalism and services. You honestly won't regret it.J.D.
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I can't say enough about this firm. I literally had 24 hours to file with circuit court or lose surplus funds from my father's Florida property. I goggled how to file myself and Haynes & De Paz popped up. I contacted them and they went to work immediately. Did every thing they said they would and collected the funds. Thank you!K.S.
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Mr. Haynes helped me recover over $100,000.00 in foreclosure surplus funds in Florida. He took care of everything from start to finish and won my case! If you have any surplus funds from a foreclosure in Florida, call Mr. Haynes if you want someone who will fight for you!T.S.
Are There Tax Implications for Claiming Surplus Foreclosure Funds?
It’s important to understand that the IRS or state authorities may consider surplus foreclosure funds taxable income. Tax obligations will depend on your unique circumstances, and failing to account for them could lead to problems. Your attorney can help you understand these potential tax consequences and connect you with financial professionals to ensure compliance.
How Long Does It Take to Receive Surplus Funds?
Once your motion is filed, the court typically takes several weeks to months to process and approve the release of surplus funds. However, Florida law imposes strict deadlines for filing a claim, so starting the process as soon as possible is imperative. Acting quickly with the help of surplus foreclosure funds attorneys in St. Cloud can prevent missed opportunities and unnecessary delays.
Start Your Claim with Haynes Law Group Today
If you believe you might be entitled to surplus foreclosure funds from a property auction in neighborhoods like Esprit, Keystone Pointe, Turtle Creek, or the surrounding areas, don’t leave your legal rights to chance. Haynes Law Group provides the experience and personalized assistance needed to help you successfully claim surplus funds.
Contact us today to schedule a consultation with our skilled St. Cloud surplus funds lawyers.
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