Currently Browsing: Surplus Funds

Why do I Need an Attorney to Claim My Surplus Funds?

Surplus funds cases are a relatively rare and niche area of North Carolina law. In a surplus funds case, the bank or local government has foreclosed on real property and sold the property to the highest bidder for more than the amount of their...

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Foreclosures: What Happens to the Surplus Funds?

Foreclosures are usually difficult times for property owners. The bank or local government is taking their property, and they often feel powerless. There is a light, albeit dim, at the end of the foreclosure process, however. If there are funds...

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