The Wright Corner Asset Recovery specializes in helping individuals who lost their real estate properties, resulting from foreclosure or tax sale due to financial difficulties on their part.
Our comprehensive services in locating lost surplus funds relating to the sale of your property include detailed research and recovery strategies tailored to your specific situation.
We work tirelessly to ensure that you recover what is rightfully yours after a sale on your property concludes in the tax sale or foreclosure proceedings. Our dedicated team is committed to providing expert guidance throughout the entire process.
We have experienced attorneys on our team that are well versed in handling your complicated legal issues on all levels of real estate related issue. including probate, heirs. etc.
We providing you with knowledgeable and effective representation so you will not be blindsided by the unknown. Our team is dedicated to guiding you with clarity and confidence.
A little overview on Foreclosure & Tax sale
If you lose your home or land to foreclosure or overdue property tax and the property sells for more than you owe, you might get to keep that extra money.
Real Property Tax Law Foreclosure may begin after two years of delinquency on the taxes. However, counties and cities have different policies and can extend that period to three to four years from the date of the delinquency. Any excess resulting from the tax sale belongs to you, the former owner.
In the case of Foreclosure - Around 120 days after which you have stopped making your mortgage payments, the lender will likely begin a foreclosure. If a foreclosure sale results in excess proceeds (overbid), the lender is not entitled to that excess after the mortgage balance is satisfied, plus the costs associated with the foreclosure and sale. That excess money legally belongs to you.
The laws that govern how foreclosure surplus funds are handled vary from jurisdiction to jurisdiction. State law generally says how surplus funds get distributed.
We understand the process for claiming surplus funds and we work swiftly with the proper channels to clarify if you are entitled to them after a foreclosure or tax sale which is crucial as some states have very short claim window to notify the courts of your intent to file a claim before the funds becomes escheats (Funds go back to the county forever and a total loss to you).
So if you are in this unfortunate predicament, take action now!! We can guide you through the necessary steps to reclaim your funds promptly. Our team is dedicated to assisting you each step of the way to ensure a successful recovery.
We have experienced attorneys.
Our Asset Recovery Team ensures safe and compliant retrieval of assets from surplus funds overages, minimizing risk and maximizing returns for everyone.
Asset Identification Service.
Our Surplus Funds identification Service, helps us pinpoint and track lost assets, ensuring no resource is left un-utilized or forgotten.
We deliver what you are entitled to.
We work tirelessly to meet and exceed your expectations.