Surplus funds are excess proceeds generated when a foreclosed or tax-defaulted property is sold for more than the total amount owed on the mortgage, taxes, and legal costs. These funds legally belong to the former property owner — not the county or government.
If you previously owned a property that went through foreclosure or a tax sale, you may be entitled to surplus funds. SIMONIS reviews public court and county records to determine whether surplus funds exist and if you are eligible to claim them.
In most cases, counties are not required to notify former property owners that surplus funds exist. As a result, millions of dollars remain unclaimed each year unless a formal claim is filed.
Yes. Each state and county has specific deadlines and legal requirements for filing a surplus funds claim. Missing these deadlines can result in permanent loss of the funds. Acting promptly is strongly recommended.
In many cases, an attorney is not required. SIMONIS manages the administrative and legal filing process on your behalf in compliance with court and county requirements. If legal representation becomes necessary, we will inform you.
Simply complete our contact or claim form for a free, confidential case review. A SIMONIS case specialist will review your information and guide you through the next steps.
SIMONIS operates on a success-based fee structure.
You pay nothing upfront.
Our fee is only collected if surplus funds are successfully recovered.
Recovery timelines vary depending on the county, court processing times, and documentation requirements. On average, cases may take several weeks to a few months to complete.
Required documents may include proof of identity, proof of former property ownership, and signed authorization forms. Our team will guide you through each step and inform you exactly what is needed.
Yes. SIMONIS uses secure systems and confidential handling procedures to protect all client information. Your data is never sold or shared without authorization.
Yes. In many cases, heirs or legal representatives may be eligible to claim surplus funds. Additional documentation may be required to establish legal standing.
If no surplus funds are recovered, you owe nothing. There are no fees unless funds are successfully obtained.
