Equity Reclaim Group

Dealing With Foreclosure? We are here to help

Your Trusted Partner in Excess Proceeds Recovery.
Providing Homeowners with Realistic Options When Going Through the Foreclosure Process.

In Recovered Funds

$ 0 +

Clients Served

Unclaimed Funds in the US

$ 0 bn+

*As of August 2023

If you’ve been contacted by us, it’s because we have the potential to offer help. We may have identified funds that are rightfully yours but are currently being held by the courts. Rest assured that we will retrieve these funds on your behalf without requiring any out-of-pocket expenses from you.

How it Works

Surplus funds, also known as “overages” or “excess funds,” can result from a property foreclosure auction. The sale of the property can be initiated by various parties, such as a homeowners association, mortgage lender, or tax authority. When the property is sold, it may fetch a price higher than the foreclosure judgement amount. The additional funds generated from the sale are referred to as “surplus,” and rightfully belong to the original homeowner or their heirs.

The Process

Step 1

When you or your late family members' property sells at a foreclosure auction for more than the debt owed on the property, any additional funds generated from the sale are considered excess proceeds and have the ability to be claimed by the rightful homeowner or heir.

Step 2

Through utilization of public records, land records, state databases, and skip trace tools, our team at ERG have confirmed the existence of these funds and have identified you as the rightful claimant or heir.

Step 3

Following a complimentary phone consultation with one of our Recovery Specialists, you authorize a one-page claim form that will allow our legal team to begin pursuing the funds on your behalf without any upfront or out-of-pocket expenses to you.

Step 4

After authorizing our representation, we take care of all the necessary work. Our legal team drafts and submits the required notices and motions, and we collaborate with the attorneys of the other parties involved and to schedule a hearing with the judge when necessary.

Step 5

After the judge approves our petition and orders the distribution of the funds, the County Clerk of Courts will disburse your entitled portion and a check will be mailed to you.

OUR SERVICES

Excess Proceeds Recovery

Equity Reclaim Group will work hard to recover the surplus funds for you. Regardless of any outstanding debts or bankruptcy, these funds rightfully belong to you and we will fight to get them back in your possession. Our agency is dedicated to representing your best interests and operates solely on a contingency basis. If we are unable to recover any funds for you, then there will be no charge to you.

Foreclosure Assistance Services

Equity Reclaim Group Agency is available to assist you throughout the entire foreclosure process and provide the necessary support you need. Our services include negotiating with the involved parties to prolong your stay in the property or finding alternative housing arrangements for you and your family. We are here to help YOU. Unsure of how we can assist you specifically? Give us a call today for a complementary consultation!

Testimonials

Equity Reclaim Group takes immense pride in delivering an unparalleled level of customer service. Our dedicated team of professionals is committed to exceeding expectations and ensuring every client receives personalized attention and timely assistance. Take a moment to read the positive feedback from our happy clients, and witness how our commitment to excellence has made a difference in their lives.

About Us

At Equity Reclaim Group, we strive to gain a thorough understanding of a clients’ unique needs and provide them with tailored solutions to meet their specific circumstances.

Through our personal experience, it became apparent to us that the courts often fail to successfully contact a homeowner following a foreclosure sale to inform them of the excess proceeds. Furthermore, the information the courts do provide can be cumbersome since it contains abundant “legal jargon,” and is often discarded.

Our mission is to simplify the process for homeowners and assist in them in the maximum recovery of funds in the shortest amount of time. If you’re facing a foreclosure or have recently experienced one, we’re here to help. Contact us at (765) 293-4724 or fill out the form on this page, and one of our specialists will get back to you promptly.

Our mission is to simplify the foreclosure process for our clients and help them recover the maximum amount of funds in the shortest amount of time.

FAQ

Why choose us?

Attorneys typically charge hourly rates that you pay out-of-pocket for, regardless of their success in recovering your funds. Alternatively, attorney’s that work on contingency often charge a fee as high as 30% or more!

At ERG, we cover all of the attorney fees and related expenses. You won’t incur any out-of-pocket costs, and our services are solely on a contingency-basis, meaning we only receive payment when you get paid. If for any reason we fail to recover your funds, you will owe us absolutely nothing.

Can I claim the surplus on my own?

A court motion is required to collect these funds. This is a time intensive process that involves filing appropriate legal paperwork, providing notices to all parties involved in the case, obtain a hearing date, appear in front of the judge, etc. By hiring our counsel, you can rest assured that our team will handle everything from A to Z and will recover your funds without any upfront costs to you.

There are other liens or mortgages on the property, am I entitled to the funds?

The answer varies depending on each case’s unique circumstances. The ERG legal team will offer you a comprehensive summary of your particular case at no cost to you. In numerous cases, the other mortgages and liens aren’t mentioned in the foreclosure lawsuit, making them ineligible to receive any of the surplus funds that you may be entitled to.

How much time do I have to claim the funds?

According to Indiana Code § 32-30-10-14, most property types have a dormancy period of five years. A property is classified as dormant if the owner or heir(s) hasn’t asserted any interest in it and no contact has been made during the dormancy period. Once considered “dormant,” the funds will be turned over to the state as unclaimed property.

Contact us

Phone

(765) 293-4724

[email protected]

Address

9314 Forest Hill Blvd. #866
Wellington, FL 33411