No. Every U.S. state provides for "excess proceeds" or "surplus funds" to be distributed to the owner who experienced foreclosure. In other words, you are legally entitled to any left over funds after a foreclosure auction.

In most cases, there is a short period between the date of the auction and when someone can legally file a claim for the surplus proceeds. And, the title deed is officially transferred to the auction winner of the foreclosed property.

Often counties do attempt to reach out to the previous property owner by mail. But when most property owners are confronted with a foreclosure, they usually pack up and move away from their property. But when they move away, they move away from the very property the county has as a last known address. As a result, they never receive the notice that would have informed them that they were legally entitled to surplus funds.

Absolutely not. Every U.S. state has a law allowing a person who experienced a foreclosure to receive surplus funds or excess proceeds. Therefore, you can't be arrested for obeying the law. To find out if funds are listed in your name, or in the name of a relative, contact Uranas Holdings for a free 30-minute consultation.

There are no up-front costs to you. Uranas Holdings works on contingency, meaning, we get paid after you get paid. Our fees range from 10%-35% of a claim based upon the legal complexity of the case and the dollar amount.

In most cases, taxes will be withheld before you receive your check. That is why your government agency may require you to fill out an IRS W-9 form for withholding taxes from the proceeds.

Unless mandated specifically by a state or county to take a smaller percentage, most asset recovery specialists can legally charge between 15%-35%, or more, for a claim.

Therefore, before signing with any asset recovery specialist, be sure you clearly understand, and are comfortable with, the amount you'll receive from your claim. If you're unsure, contact us.

Yes, it's true that you can file your own claim. However, most claims involve some form of legal complexity that might require you to ask a question or two about your claim that a county or court employee is prohibited from answering. This can be very frustrating.

Contact Uranas Holdings and we can answer your question. In addition, we have a network of attorneys that can efficiently address any legal complexity, and help you navigate your claim process at no up-front cost to you.