Foreclosure Recovery Group specializes in helping you recover leftover money from a foreclosure sale which legally belongs to you.
If you are asking yourself this question. Good!
The short answer is "no".
After your home was foreclosed and sold at auction, a notice was sent letting you know there was money to claim. This "surplus" money is the leftover amount after the foreclosure debt is paid.
Notices rarely make it to the right place so most people never know they have funds being held.
We use public records to find the right people and help them claim the money that is owed. Our recovery process is facilitated by vetted, reputable, licensed attorneys in the state where funds are held.
There are people who will try to steal your unclaimed funds. Do not sign any documents until you know who you are working with and have read the fine print.
There is no up-front cost. We retain 19% of the excess funds, and the attorney who handles your case collects 3%. The total 22% is subtracted from the funds after they have been successfully recovered for you. The 19% retained by FRG pays for any court fees, research, and paperwork needed for the funds recovery process. Learn more
We can help with tax foreclosures and mortgage foreclosures.
We will assist you in recovering your funds in all 50 states. Keep in mind that the process is different from state to state and may require a slightly different approach, but we will get the job done!
The time it takes from the moment we sign the contract to the date you get paid is often determined by state or county regulations. This time varies from state to state. Some states are a little as 2 weeks while others make take a couple of months. We can provide you with an estimated timeline once we get started. Learn more
We want to protect your interests. We never ask clients to assign funds to us. Instead, we work through an attorney to help the process run smoother and ensure your funds stay safe.
It depends on whether the lien was terminated as part of the foreclosure process. For example, if there is still an outstanding lien of $1000, but you are owed $10,000, we will help you recover $9000.
If your immediate family member has died, you may be entitled to the excess funds. We would need to research the property and see how to approach the recovery process.
There are scammers in every industry you can think of, including excess funds recovery. Counties and agencies tell you this to protect your money from bad people and to make the recovery process harder. If your money is not claimed in the time allowed by law, the money is usually paid to the state.
There are a few reasons why this might have happened. Elected or appointed officials in your county may have defrauded you, you may have missed deadline for claiming the funds, or someone else claimed the money in your name. If you suspect any of these happened, write us.
There's no need to navigate the claims recovery process on your own. Let the recovery experts knock it out. We'll keep you updated every step of the way.