Check Your Surplus Funds Recovery Claim In Hawaii Below
Surplus funds recovery in Hawaii, often resulting from foreclosure auctions,
can be recovered by filing a claim with the court or via the state’s Unclaimed Property Program if held by the state.
Property owners should check for unclaimed funds online,
provide documentation of residency or ownership, and file claims, often with the help of specialized recovery services or legal counsel. Department of Budget and Finance
Key Steps and Information:
- Identify Surplus: After a foreclosure sale, if the sale price exceeds the amount owed to the lender,
- the excess belongs to the former owner or junior lienholders.
- Search for Funds: Check the State of Hawaii Unclaimed Property Program or MissingMoney.com
- for funds that have been transferred to the state.
- File a Claim: Submit an application along with proof of identity and ownership (such as deed information).
- Check Court Records: If funds are still held by the court (not yet passed to the state), you may need to file a motion with the specific Hawaii Circuit Court where the foreclosure occurred.
- Recovering Funds: The process can be complex, and you may want to consult an attorney or use professional services to navigate the claim, particularly if there are multiple liens.
- Time Limits: Act quickly, as unclaimed property can eventually escheat to the state, especially after 10 years for certain funds.