Everything you need to know about how surplus funds recovery works with Prospect CRM LLC.
When a property is sold at a county tax deed or foreclosure sale for more than the amount owed on it, the extra money is called a surplus. If you were the former owner of a property that went through this kind of sale, you may be entitled to that surplus. We check county records on your behalf to confirm whether a claim exists in your name.
No. Checking whether you have a surplus fund claim is free. If a claim exists and you choose to move forward, we work on a contingency basis, meaning we only collect a fee once your funds are successfully recovered. You never pay anything upfront.
Timelines vary by county and the complexity of the case, but most claims take a few weeks to a few months from filing to payout. We keep you updated at each stage so you always know where things stand.
Typically we need your name, the address of the property that was sold, and a way to reach you. From there, we handle the records search and paperwork. If additional documents are needed later, we'll let you know exactly what's required.
Yes. Your personal details are used solely to research and file your claim with the county, and are not shared with third parties beyond what's required to process your case.
Not necessarily. We handle the research, documentation, and coordination with the county directly. In more complex cases, we can advise on next steps if legal representation becomes relevant.
If a claim is denied, we review the reason and let you know whether there's a path to resolve it, such as providing additional documentation. We're upfront with you at every step, including when a claim isn't likely to succeed.
Once the county approves your claim, funds are typically issued by check or direct deposit, depending on the county's process. We'll confirm the payout method with you as your case nears completion.
Reach out directly and we'll walk you through it.