Elm City Asset Management LLC

Surplus Funds Asset Recovery

Elm City Asset Management LLC is here to help you recover surplus funds that belong to you. Let us guide you through the process with ease and expertise

Reclaim What’s Rightfully Yours

Our Services

We offer a range of services to help you claim your surplus funds, including:

Research

We research and locate your surplus funds, and we'll help you determine if you're eligible to claim them.

We'll help you file a claim and ensure that it includes all of the required documentation.

Negotiating

We'll negotiate on your behalf to help you recover the maximum amount of funds possible.

Filing

What Are Surplus Funds?

Surplus funds are the excess funds that result from the sale of a foreclosed property that are not claimed by the debtor, the mortgage company, or any other parties with a legal interest in the property. These funds are often left unclaimed because the parties involved are not aware of their existence or do not know how to claim them.

How Can I Claim Surplus Funds?

The process of claiming surplus funds can be complex, but our team of experts is here to guide you through every step. Here's what you need to do:

1. Identify Surplus Funds

Determine if there are any surplus funds available and if you are eligible to claim them.

2. File a Claim

File a claim with the court or other appropriate entity and include all required documentation.

3. Negotiate a Settlement

Negotiate with any interested parties, including the mortgage company or other lienholders, to reach a settlement.

4. Receive Your Check

Receive a check for the funds that you are owed.

low angle photo of city high rise buildings during daytime
low angle photo of city high rise buildings during daytime

Success Stories

Here are some of our recent success stories:

We collected a record recovery of $300,000 for Mark after the sale of his foreclosed property.

Record Recovery

Multiple Claims

We successfully submitted several claims, including one for James and his Family, totaling over $100,000.

FAQs

What Are Surplus Funds?

Surplus funds are the excess funds that result from the sale of a foreclosed property that are not claimed by the debtor or other parties with a legal interest in the property.

Who Can Claim Surplus Funds?

The person or party entitled to the surplus funds typically depends on the state law, but it could be the former owner, a lienholder, or other interested party.

What If I Don't Know If There Are Surplus Funds?

We offer research services to help you determine if there are any surplus funds available from the sale of your foreclosed property.

How Long Does The Process Take?

The process of claiming surplus funds can take anywhere from a couple of months to over a year, depending on the specific circumstances.

Here are some frequently asked questions about surplus funds:

Find Out How Much You May Be Owned Today....

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