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A: Unclaimed funds are assets or money that have gone unclaimed by their rightful owners. This can include things like forgotten bank accounts, uncashed checks, unclaimed life insurance policies, and other financial assets. In many cases, unclaimed funds are turned over to the state and held in a designated fund until they are claimed by the rightful owner.
B: Surplus Funds and Excess Proceeds are the remaining profit after a foreclosure, wether you didn't pay your taxes or your mortgage, The county or trustee can only keep what was due, any amount that is over that is legally due to the previous owner and heirs.
A: You may be thinking, "I can do this myself." While that's true, the process can be complex and requires proof of ownership. Thousands of individuals fail to reclaim their funds because they don't have the necessary documents or don't understand how to navigate the system.
The process for claiming these funds also varies depending on the type of asset and the state in which it was found. It may involve filling out lengthy paperwork, providing identification and proof of ownership, and paying any relevant fees.
You can process your unclaimed funds on your own, but working with a professional specialist helps make the process easier and more efficient. A professional will have the knowledge and expertise to navigate the complex bureaucracy involved in claiming unclaimed funds.
Our company operates on contingency meaning there are no upfront fees from us or our licensed attorney. We work directly with the county and ensure a successful payout.
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