What is Surplus Fund
Surplus Funds are proceeds generated from the sale of your home at a sheriff’s sale*. If your home is sold for more than what you owe on your mortgage and for taxes, you may be entitled to Surplus Funds, which in some cases could total thousands of dollars.
- Where do these funds come from?
There are many ways citizens lose track of their funds. The most common is moving. Americans move with regularity. When you place a Change of Address with the US Post Office it is good for 12 months. Many of the assets people lose track of are held, according to government laws, for up to 5 years before being deemed lost or abandoned. Corporate America is required to make an attempt to locate you but generally will send correspondence to your last known address, which could be years old. Common types of unclaimed funds include:
- Real Estate being sold at auction/foreclosure for more than the balance owed
- Security Deposits
- Utility Deposits
- Bank Accounts
- Stocks and Dividend Checks
- Funds Owed to a Decedent’s Beneficiaries
- Final Paychecks from Previous Employers
- Closing of business accounts
Surplus Funds in the Local News around the country
Michigan Supreme Court rules local governments can't profit from tax foreclosures
Class Action Lawsuit Seeks $120+ Million in Surplus Foreclosure Profits for Wayne County Residents
What Are Surplus Funds In A Foreclosure Case?
Allen County court has $282K in sheriff’s sale surpluses available for refund
What Are Surplus Funds In Real Estate?
$1.7 Million in Excess Funds from Foreclosure - Did Your House Sell?
Understanding Surplus Funds
— Made Easy.
No legal jargon. No complexity. Just a clear, plain-English breakdown of what surplus funds are, where they come from, and why you might be owed money right now.
When a home goes to a sheriff's sale, here's exactly what happens to the money:
The court holds this $82,000 — it doesn't automatically come back to you. You have to claim it. That's exactly what Save My Surplus™ does for you.
There are many ways citizens lose track of money that's owed to them. Here are the most common reasons:
You Moved — and Mail Stopped Following You
Americans move with regularity. When you place a Change of Address with the US Post Office, it is only valid for 12 months. After that, official correspondence stops reaching you — including notices about money you're owed.
The Government Sent Letters to an Old Address
Corporate America and government agencies are required by law to attempt to locate you. But they generally send correspondence to your last known address — which could be years out of date. If it bounces back, the search stops there.
A Countdown Clock Is Running — Right Now
By law, many of these assets are held for up to 5 years before being deemed lost or abandoned. Once that timer runs out, the government may keep the money permanently. Most people don't know this clock exists until it's too late.
Surplus funds from foreclosure are just one category. These are all the ways the government may be holding money in your name:
Real Estate Auction Overage
Property sold at foreclosure for more than the mortgage balance owed
Security Deposits
Unreturned deposits from prior landlords or rental situations
Utility Deposits
Old utility accounts closed without the deposit being refunded
Bank Accounts
Dormant or inactive balances turned over to the state treasurer
Stocks & Dividend Checks
Uncashed dividends or inactive brokerage accounts
Beneficiary Funds
Funds owed to a decedent's beneficiaries that haven't been claimed
Final Paychecks
Uncollected wages or final checks from previous employers
Closed Business Accounts
Corporate funds from closed accounts turned over to state agencies
We Know Every Government Agency's Process — In All 50 States.
Save My Surplus LLC is approved as a Claims Representative by the State of Florida. We know the ins and outs of government agencies in every state. If a government agency is holding your funds, we know how to get them back — legally and confidentially.
You May Be Owed Money
Right Now.
Save My Surplus LLC is approved as a Claims Representative by the State of Florida. We are authorized to contact government agencies on your behalf and recover your surplus funds legally and confidentially — in all 50 states.
State Approved
Florida-licensed Claims Representative
No Recovery, No Fee
Contingency basis — zero upfront cost
All 50 States
Every state's government process covered
Confidential
Legal, discreet, fully authorized
Free search · No obligation · Confidential · No fee if no recovery
