It’s common for lienholders and/or banks or government entities to attempt to collect on surplus foreclosure funds that rightfully belong to the homeowner who originally borrowed the money. To avoid this, it’s best to work with an attorney.

When there is a dispute to the surplus foreclosure funds, it can be difficult to determine who is entitled to receive them. This is because a number of parties are often involved, including the homeowner, the lender, and the municipality.

In order to resolve this dispute, you will need to work with a team that is well practiced in asset recovery, like American Asset Recovery Services, we are knowledgable about the foreclosure process and can help you navigate the sale process to ensure all parties involved receive their fair share of any excess funds from the foreclosure sale.