OUR STORY
Capital Recovery Experts specializes in surplus fund claims. We use innovative strategies to navigate the complex field of asset recovery, delivering impactful results for individuals and businesses nationwide. In addition, we thoroughly educate our clients about the asset fund recovery process. This is to ensure that our clients understand the process.
OUR MISSION
We are committed to client satisfaction and we employ surplus funds experts and specialized attorneys to identify and pursue avenues for fund recovery. We utilize advanced technologies to ensure efficient and effective asset recovery.
oUR SERVICES
Our company excels in recovering funds for clients across various industries, with particular expertise in mortgage and tax forclosure surpluss fund recovery
MORTGAGE FORCLOSURE FUNDS RECOVERY
After undergoing a mortgage foreclosure, it's imperative to grasp the ensuing legal procedures. Typically, your property is sold at auction to settle outstanding mortgage debt. Sometimes your property will sell for more money than the amount that was owed by you.
TAX FORCLOSURE FUNDS RECOVERY
After a tax forclosure sale, surplus funds are placed in a separate account by government municipalities. These funds are due to the property's record owner, the record owner of each security deed, and any other entity with a recorded interest in the property when sold.
This surplus, rightfully yours, may slip under the radar due to missed notification letters. This is where we intervene. Collaborating directly with counties, we assist you in filing a claim to reclaim these excess funds. The cherry on top? We don't demand any upfront fees. Our compensation is solely in the form of a finder's fee only after a successful claim, ensuring zero risk for you when engaging with our services.
OUR PROCESS
Initial Assessment
We begin by conducting a thorough assessment of the client’s situation, including any mortgage foreclosures, tax sales, or other scenarios where surplus funds may be available. This involves gathering relevant documents and understanding the specifics of the case.
Claim Filing
Once surplus funds are identified, we assist the client in filing a claim to recover these funds. This involves navigating complex legal procedures, completing necessary paperwork, and ensuring that all deadlines and requirements are met to maximize the chances of a successful claim.
Research & Identification
Next, we conduct extensive research to identify any surplus funds that may be owed to the client. This includes scrutinizing foreclosure records, tax sale information, and other relevant documentation to pinpoint potential surplus funds sources.
Follow-up & Recovery
Once surplus funds are identified, we assist the client in filing a claim to recover these funds. This involves navigating complex legal procedures, completing necessary paperwork, and ensuring that all deadlines and requirements are met to maximize the chances of a successful claim.
Our Clients
Don’t just take our word for it
FAQs
Does the government really owe people money?
It may come as a surprise, but it’s very likely that the government owes you a substantial sum if you lost your home due to a foreclosure. At Capital Recovery Experts, we specialize in helping individuals reclaim surplus funds that are rightfully theirs. Currently, there are billions of dollars sitting unclaimed in various accounts, including surplus funds from foreclosures, insurance policies, music royalties, unclaimed paychecks, rent security deposits, and more.
What are the costs involved?
We work on a contingency basis, meaning we’re paid a percentage of the funds we recover for you. There are no upfront costs, and if we don’t recover anything, you owe us nothing. If we secure funds for you, we recieve 25% of those funds.
What exactly are surplus funds from foreclosure?
They’re simply the money left over after all payments have been made. After a foreclosure, the home is sold at an auction to the highest bidder. Surplus funds occur when the amount paid for the property exceeds the outstanding mortgage balance. Example, you owed $100,000 on your mortgage when your home was foreclosed. Someone at an auction pays $150,000 for the home. The $50,000 difference is held by the government until you claim it.
Why should you choose us?
At Capital Recovery Experts, our team is dedicated to navigating the complex process of reclaiming unclaimed funds with meticulous attention to detail. We strive to provide exceptional service, aiming to recover assets swiftly and efficiently for our clients.
How long does the process take?
Generally, the entire process takes a few months, though this timeline can vary depending on the specifics of your case and the responsiveness of government offices involved.
How can you ensure the funds go to me?
If you’re listed on the deed, the funds will be allocated to you. In cases where the property was jointly owned, each owner receives a share based on their ownership percentage. We also assist in navigating complex scenarios such as properties owned by deceased spouses or those subject to divorce settlements.
Do I need to vacate my home immediately after the sheriff’s sale?
No, you have the option to leave voluntarily or be evicted by the sheriff’s department upon a court order. The eviction process typically takes three to four months. Alternatively, you may consider a “cash-for-keys” arrangement, where the new owner compensates you to vacate the property before eviction.
What else should you know
Be cautious of parties offering quick claim deeds or claiming ownership of your assets. Some homeowners unknowingly forfeit their rights to surplus funds, while others may face attempts by winning bidders or foreclosing banks to claim the money.
What makes Capital Recovery Experts different then other companies?
While other companies may offer asset recovery services, they lack the legal expertise to provide representation in court or navigate complex legal matters. This is why we have partnered with qualified attorneys who are skilled in surplus funds.
We possess the necessary knowledge and ethical obligations to advocate for your interests throughout the process. Working with Capital Recovery Experts can save you time, money, and potential legal complications.