The Process!
When excess funds occur, they are typically owed to the client, which is the previous homeowner or property owner. However, claiming these funds can sometimes be complex and challenging, as the process often involves navigating legal procedures and dealing with various parties involved in the foreclosure and sale process.
As an asset recovery company, our role is to assist clients in claiming their excess funds efficiently and effectively. We can help clients by:
Identifying and locating excess funds: We conduct thorough research to locate any excess funds resulting from foreclosure sales associated with our client's property.
Understanding legal requirements: We navigate the legal framework surrounding excess funds to ensure compliance with all relevant laws and regulations.
Facilitating the claims process: We assist clients in preparing and submitting the necessary documentation and paperwork required to claim their excess funds.
Negotiating with stakeholders: We engage with relevant parties such as lenders, attorneys, and government agencies to expedite the release of excess funds to our clients.
Providing support and guidance: We offer ongoing support and guidance to clients throughout the claims process, addressing any questions or concerns they may have.
Overall, our goal as an asset recovery company is to streamline the process of claiming excess funds for our clients, helping them recover funds rightfully owed to them from foreclosure sales. By leveraging our expertise and resources, we aim to make the process as seamless and stress-free as possible for our clients.