Foreclosure Surplus Funds Attorneys in South Florida
We Help Foreclosure Defendants Recover What They’re Owed after Auction
The attorneys of Bilu Law have the knowledge and experience necessary to protect your rights to surplus funds after a bank successfully sells your foreclosed property. When the bank receives judgment in your foreclosure case that permits it to sell your property during an auction, you have the right to claim any sales proceeds exceeding what you owe your lender.
As your legal advocates, the real estate lawyers at Bilu Law will aggressively fight to help you get every dollar you’re owed if a foreclosure sale exceeds your outstanding debt to the bank. This means that if your home had a $100,000 lien against it during foreclosure but sold for $150,000 at auction, you are entitled to the remaining $50,000 after the value of the lien is satisfied.
Get help from our foreclosure surplus funds attorneys in South Florida. From officers in Pomano Beach and Miami, we help clients across all of Florida get what they deserve if an auction sale exceeds the lien.
Our Attorneys Understand This Delicate Procedure
To successfully claim surplus funds from foreclosure, your attorney must be skilled at following a specific legal procedure. Tripping up on any step along the way can mean the money you deserve will stay in the government’s possession or abandoned.
Our attorneys at Bilu Law are very familiar with what it takes to help clients successfully navigate the path toward getting what they’re owed after a foreclosure sale. We know how important such funds can be to you as you rebuild your financial life following foreclosure. We can work quickly to help you get these funds as soon as possible by filing the proper pleadings with the court to release the money you’re owed to you.
When You May Not Be Able to Claim Surplus Proceeds
If your home has two mortgages against it when the first lender forecloses, any surplus funds the lender of your second mortgage may be entitled to those funds for a period of time. When this situation arises, you may find yourself in need of a foreclosure surplus funds attorney in South Florida who can fight for your right to collect the surplus proceeds.
At Bilu Law, we can help clients win claims to these extra funds when their second mortgage lender fails to claim them within the specified period. We know you may need this money now more than ever, which is why we’ll be your tenacious legal advocate as you fight to claim your right to surplus funds from a foreclosure sale.
Contact Us for More Legal Assistance
Reach out to Bilu Law if you need an attorney who can get you what you deserve after you’ve lost your home to a foreclosure auction. The bank taking your home and reselling it should absolve you of your debt – any amount owed beyond your outstanding mortgage should be yours, not the bank’s profit.