Surplus Funds

How Our Company Helps You Claim Excess Funds After the Sale

After the property is sold, any extra money (called excess proceeds) is held by the court or trustee. This money is not paid out automatically and must be claimed.

Our company helps you by:

Confirming whether excess funds are available
Explaining your rights and whether you are eligible to claim the funds
Preparing and filing the required claim paperwork
Gathering and organizing necessary documents (such as proof of identity or ownership)
Submitting the claim correctly and on time
Monitoring the claim status and assisting until funds are released

Our goal is to make the process simple, accurate, and stress-free, so you can receive the money you are entitled to as quickly as possible.

Surplus Funds Recovery Beverly Hills

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Surplus funds recovery in Beverly Hills involves claiming excess proceeds remaining after a tax-defaulted or foreclosure sale, often handled through the Los Angeles County Treasurer and Tax Collector. Beverly Hills has a high concentration of unclaimed assets. Claimants must be “parties of interest” and file claims to recover equity. Los Angeles County Treasurer and Tax Collector

Key Aspects of Surplus Funds Recovery in Beverly Hills:

Locating Funds: Check with the Los Angeles County Treasurer and Tax Collector if a property was sold at a foreclosure auction for more than the debt owed.
Who Can Claim: Property owners at the time of the sale, or those with liens on the property, are entitled to these funds.
The Process:
1. Notification: The trustee must mail written notice of excess proceeds to the last known address.
2. Claim Filing: File a claim with the county, which may require proof of ownership.
3. Wait Time: Recovery usually takes 90 to 120 days, but complex cases may take longer.
Assistance: Professional firms can assist, but you can file on your own to avoid fees.
Beware of Scams: Be cautious of solicitors, as official notices come directly from the county. Los Angeles County Treasurer and Tax Collector

For specific inquiries regarding unclaimed funds in California, you can contact the California State Controller’s office.