You are entitled to recover any surplus funds that result from the foreclosure sale of your home (CIVIL CODE SECTION 2945-2945.11). What does Surplus Funds Mean? Surplus funds arise from the difference between the sale amount of a home in a foreclosure sale and the mortgage on the house at the time of the sale. It […]
foreclosure surplus funds
Information for Claiming Surplus Funds after Foreclosure Sale
What Happens After Foreclosure in California? Foreclosure is quite common in California, but not many people know that they are entitled to receive surplus funds if any equity remains after the trustee sale. Under California foreclosure law, any sale funds that exceed the balance of the loan, and the associated fees, must be returned to […]
Consumer Action Law Group Launches Legal Service for Homeowners to Claim Surplus Funds from Foreclosure
Very few people are aware of the fact that they can claim surplus money after foreclosure. Consumer Action Law Group is now offering their services, helping people to claim foreclosure
