Capital Recovery
What are Surplus Funds?
In the event of a Tax Deed or mortgage foreclosure, the county holds a foreclosure auction on the property due to unpaid taxes or mortgage. When the sale amount exceeds the debts owed, the profit remaining is due to the previous owner.
In the best-case scenario, we meet a homeowner and prevent them from going to auction at all, but in cases like these, our team of specialists and attorney network work with the county and state to recover these funds for you. You pay nothing upfront, and we only receive a finder's fee upon successfully recovering your claim.
The proceeds are then used to partner with homeowners in distress to help them avoid getting to auction.
Documents Needed
The following documents have to be signed by the claimant for us to file the claims to the government agency on behalf of the Claimant.
Letter of Direction
Assignment of Interest in Tax Deed Sale Excess Proceeds
Affidavit of Heirship (only for heirs of the deceased)
Limited Power of Attorney (Personal & Business)
Contingency Fee Agreement
Claim Forms for Excess Proceeds (Government Agency Holding the Funds)
The Recovery Process
01. The Audit
Routine audits are made on government agencies across the United States and great efforts are expended to locate the rightful owner(s)
02. The Call
If you’ve received a phone call or a letter from us, we have located funds that we believe belong to you. Call us now to start your claim process at 1-855-951-3006
03. The Paperwork
Once you have agreed to let us work your claim, we will set up a time for you to sign and notarize several pages of paperwork to allow us to get started.
04. The Payout
Claims are usually processed in 3-4 months. Typically 60-70% of the funds collected, are remitted to you within 5 days of receipt.