SURPLUS FUNDS RECLAIM
What is Surplus Funds After Foreclosure?
Surplus funds, in the context of a foreclosure, refer to the excess money that remains after a foreclosed property is sold at auction and the proceeds are used to satisfy the outstanding debt, typically a mortgage or other liens on the property.
If the winning bid at the foreclosure auction exceeds the total amount owed by the homeowner, including the mortgage balance, interest, fees, and legal costs, the surplus funds represent the difference between the winning bid and the total debt.
These surplus funds are rightfully the property of the homeowner who experienced the foreclosure, as they technically still own any excess money left over from the foreclosure sale. However, the legal process for claiming surplus funds can vary by jurisdiction and can be complex. In some cases, the surplus funds are automatically returned to the homeowner, while in other cases, the homeowner may need to file a claim or follow specific procedures to receive the surplus funds.
It's important to note that surplus funds are not guaranteed in every foreclosure situation. If the foreclosure sale does not generate enough proceeds to cover the outstanding debt, the homeowner might still be responsible for the remaining balance, which is known as a deficiency.
If you find yourself in a situation involving surplus funds after a foreclosure, it's recommended to consult with a legal professional who is knowledgeable about the foreclosure laws and regulations in your jurisdiction. They can provide guidance on the specific steps you need to take to claim any surplus funds that might be available to you.
We have discovered funds that rightfully belong to you, and we are here to assist you in reclaiming Them.
As a licensed entity, we collaborate directly with the county to aid individuals in filing claims. Our process involves conducting thorough audits on county records, allowing us to obtain pertinent information and updates on the status of claims. Best of all, our services come at no cost to you.
About Us
Hi, my name is David Khachikian
CEO/president of our comapny
We are a team of experienced professionals providing services throughout the entire United States. Despite being a small group, we offer expertise in various fields.
If you have been contacted by us through a call or letter, it is because we have discovered government-held funds that potentially belong to you.
Hi, my name is Jacklin Sohrabian
Director/ manager of our company
We are extensively trained and fully licensed to navigate the intricate workings of government agencies across all states. Rest assured, we possess the expertise to help you retrieve your funds in case they are being held by any government agency.
Having professionals on your side is highly advisable because agencies that hold assets usually impose numerous specific requirements for establishing your entitlement to the claim and submitting your request.
How does surplus funds reclaim works?
Once we get in touch with you, we will proceed with the necessary paperwork and initiate the claim on your behalf.
We collaborate closely with our attorneys and the government agency to ensure we keep you informed about the progress.
Your proceeds will be sent to you.
Why are we contacting you?
Once we establish communication with you, we will proceed to organize the necessary documents and initiate the process of filing a claim on your behalf. Our team will collaborate with both our legal representatives and the relevant government agency to handle the proceedings. Throughout the entire process, we will keep you informed and updated on the progress.
What remains unknown to many is that these properties are actually sold for an amount higher than the opening bid, and any surplus is rightfully owed to the previous owner.
The county typically sends surplus notification letters to the last address on record, resulting in a lack of information for most recipients, leaving them unaware of the surplus.
Recover Excess Funds Following a Foreclosure Sale Our responsibility is to help you file the claim and facilitate the process of reclaiming these surplus funds. We have direct connections with the county and can assist you in recovering the funds owed to you.
The advantage of collaborating with us lies in our policy of not charging any upfront fees. Instead, we receive a finders fee only when your claim is successfully processed. This means you bear no risk whatsoever.
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Surplus Funds Reclaim LLC
- SURPLUS FUNDS RECLAIM LLC
- Los Angeles
- VISIT OUR VEBSITE
We are a team of experienced professionals providing services throughout the entire United States. Despite being a small group, we offer expertise in various fields.Recover Excess Funds Following a Foreclosure Sale.
Our responsibility is to help you file the claim and facilitate the process of reclaiming these surplus funds. We have direct connections with the county and can assist you in recovering the funds owed to you
Contact Info
Praivacy Poilicy
Privacy Policy for Surplus Funds Website Effective Date: July 2023
At SurplusFundsReclaim.com, we value your privacy and are committed to protecting your personal information. This Privacy Policy outlines how we collect, use, disclose, and safeguard the information you provide us through our website. By accessing or using our website, you agree to the terms of this Privacy Policy. Please read this policy carefully to understand our practices regarding your personal information.
Information We Collect
1.1. Personal Information: When you visit our website, we may collect personal information that you voluntarily provide to us, such as your name, email address, contact information, and any other information you choose to provide. We collect this information when you subscribe to our newsletter, fill out a contact form, or communicate with us through other means.
1.2. Non-Personal Information: We may also collect non-personal information automatically when you visit our website. This information may include your IP address, browser type, device information, operating system, and other technical data collected through cookies, web beacons, and similar technologies. This information is used to improve our website and provide a better user experience.
Use of Information
2.1. Personal Information: We may use the personal information we collect to:
Provide you with the information and services you request
Respond to your inquiries and communicate with you
Send you newsletters, updates, and promotional materials (if you have subscribed)
Customize and personalize your experience on our website
Improve our website, products, and services
Enforce our terms of service and other policies
Comply with legal obligations
2.2. Non-Personal Information: We may use non-personal information for various purposes, including statistical analysis, troubleshooting, and improving our website and services. This information helps us understand user preferences, trends, and patterns, allowing us to enhance the overall user experience.
Disclosure of Information
3.1. Service Providers: We may disclose your personal information to third-party service providers who perform certain functions on our behalf, such as hosting, data analysis, marketing assistance, customer support, and other services necessary to operate our website.
3.2. Legal Requirements: We may disclose your personal information if required to do so by law or in response to valid requests by public authorities (e.g., law enforcement agencies, regulatory bodies, courts). We may also disclose your information to protect our rights, privacy, safety, or property, or that of others.
3.3. Business Transfers: In the event of a merger, acquisition, reorganization, or sale of assets, your personal information may be transferred or disclosed to the acquiring entity or parties involved in the transaction. We will ensure that any such transferee agrees to handle your personal information in a manner consistent with this Privacy Policy.
Data Security
4. Disclaimer
4.1. No Guarantee: We do not guarantee the recovery of surplus funds or any specific outcome from using our services. The success of any recovery effort may depend on various factors beyond our control.
4.2. No Legal Advice: The information provided on the Website is for informational purposes only and should not be considered legal advice. You should consult with a qualified attorney for legal advice related to surplus funds reclaim.
We employ appropriate security measures to protect your personal information from unauthorized access, disclosure, alteration, or destruction. However, no data transmission or storage system can be guaranteed to be 100% secure. Therefore, while we strive to protect your personal information, we cannot guarantee its absolute security.
These Terms and Conditions (“Terms”) govern your use of the surplus funds reclaim website surplusfundsreclaim.com provided by Surplus Funds Reclaim LLC . By using the Website, you agree to abide by these Terms. Please read them carefully before accessing or using the Website.
1. Acceptance of Terms
By accessing or using the Website, you agree to be bound by these Terms and our Privacy Policy, which is incorporated herein by reference. If you do not agree with any provision of these Terms, please do not use the Website.
2. Website Use
2.1. Eligibility: You must be at least 18 years old and have the legal capacity to enter into a binding contract to use the Website.
2.2. Registration: To access certain features of the Website, you may be required to register and provide accurate, current, and complete information. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.
3. Surplus Funds Reclaim Services
3.1. Opt-In: By using the Website and providing the necessary information, you may opt in to receive surplus funds reclaim services, which include identifying and assisting in the recovery of surplus funds from various sources.
3.2. Opt-Out: You have the option to opt out of surplus funds reclaim services at any time by following the provided instructions on the Website
5. Privacy
5.1. Privacy Policy: Your use of the Website is subject to our Privacy Policy, which explains how we collect, use, and protect your personal information.
6. Intellectual Property
6.1. Ownership: All content, trademarks, logos, and other intellectual property on the Website are the property of the Company or its licensors and are protected by applicable copyright and trademark laws.
6.2. Limited License: You are granted a limited, non-exclusive, non-transferable license to access and use the Website for personal, non-commercial purposes only.
7. Termination
7.1. Termination by Company: We may terminate or suspend your access to the Website at any time for any reason, without notice or liability.
7.2. Termination by User: You may terminate your use of the Website at any time by discontinuing its use.
8. Changes to Terms
We reserve the right to update or modify these Terms at any time without notice. You are responsible for regularly reviewing these Terms for changes.
9. Governing Law
These Terms shall be governed by and construed in accordance with the laws of [Jurisdiction]. Any disputes arising from these Terms shall be subject to the exclusive jurisdiction of the courts of [Jurisdiction].
10. Contact Information
If you have any questions or concerns about these Terms or the Website, please contact us at contact@surplusfundsreclaim.com
By using the Website, you acknowledge that you have read, understood, and agree to these Terms and our Privacy Policy. These Terms constitute the entire agreement between you and the Company regarding your use of the Website.
Surplus Funds Reclaim LLC
3154 Glendale Blvd.
Los Angeles, CA 90039
contact@surplusfundsreclaim.com
Effective Date: 2023
Third-Party Links
Our website may contain links to third-party websites or services. We are not responsible for the privacy practices or content of these websites. We encourage you to review the privacy policies of those third parties before providing any personal information or using their services.
Children’s Privacy
Our website is not intended for individuals under the age of 18. We do not knowingly collect or solicit personal information from children. If you believe we have inadvertently collected personal information from a child, please contact us immediately, and we will take steps to delete the information as soon as possible.
Changes to this Privacy Policy
We may update this Privacy Policy from time to time. Any changes we make will be posted on this page with a revised “Effective Date.” We encourage you to review this Privacy Policy periodically to stay informed about our information practices.
Contact Us
If you have any questions, comments, or concerns about this Privacy Policy or our privacy practices, please contact us at [insert contact information contact@surplusfundsreclaim.com
By using our website, you signify your consent to the collection, use, and disclosure of your personal information in accordance with this Privacy Policy.
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