Did You Know You Might Recover Surplus Foreclosure Money?

If your home was foreclosed, you may think the process ended when the property was sold at the foreclosure auction. But here’s the truth: you could be entitled to the money from the foreclosure in the form of excess or surplus proceeds, and you deserve the chance to properly assert your claim. 

Why You Could Be Owed Money: The “Foreclosure Money” You Don’t Know About

In Ohio, when a foreclosed property sells for an amount greater than necessary to pay the mortgage debt, liens, taxes, and costs, the leftover amount is referred to as excess or surplus proceeds. As per ORC 2329.44, the clerk must pay any balance to the judgment debtor or their legal representatives. (Ohio Laws)

So, if you think that your rights are gone once the foreclosure sale happens, you may be surprised. Many former homeowners simply don’t know there’s help with the remaining foreclosure money. 

How Does Someone Recover Getting Back Money from Foreclosure?

The process isn’t automatic. To claim the funds, you often must: 

• Confirm that the auction sale price exceeded what you owed and that funds were deposited with the clerk (MPC LAW)
• File a motion in the pending foreclosure
• Attend a hearing if required, and ensure the court issues an appropriate Order
• Monitor for receipt and handle the processing of funds.

Why You Want an Attorney’s Help with Foreclosure Money

This process can be complex, and unclaimed surplus funds often remain untouched because former owners don’t know where to start, miss deadlines, or face competing claims. At MPC LAW, we focus on foreclosure help for surplus funds proceedings. Our approach:

• We verify if you’re eligible and the funds exist.
• We handle the court filings and procedural requirements.
• We guide you, step-by-step, to help you save the money you deserve.
• With flat-rate pricing and no surprise hourly billing, you get focused support to recover your surplus proceeds. 
• No need to incur unnecessary expense or retain third parties who take a percentage of your equity.. 

Don’t Leave Your Equity Behind

If your home was foreclosed and you never received compensation for the foreclosure, you may have unclaimed funds waiting. MPC LAW is ready to help you explore whether you qualify, and to recover money from foreclosure you may not realize you’re owed.

Contact MPC LAW today for a free consultation and protect your right to reclaim what remains.