THE PROCESS

We first verify if surplus funds exist by checking auction records or court documents to confirm if funds were generated from the sale. This isn't always the case. If the home sold for less than what is owed, there won't be funds available. 

Once we determine surplus funds are available, we confirm who is legally allowed to receive them. These individuals consist of the following:

Former Homeowners.

Heirs to Prior Homeowners.

Lein Holders or Creditors. 

There are no upfront costs. We work on a fee contingency. We are not paid until you are paid.

Once we confirm eligibility, we gather identifying documentation to support proof of ownership. The authorities won't just take your word for it. Examples of documents include but not limited to:

Government issued State ID or Passport.

Heirship documents, executor of estate documents, wills, death certificates, divorce decrees, etc. 

Your fully prepared claim packet is then submitted to the proper authorities. Claims are complicated and therefore delays and challenges tend to arise. This is where hiring the professionals at TY Recovery Group can make all the difference. We work closely with the various departments to ensure a timely disbursement of your funds.

Even after everything is filed quickly, the process rarely moves fast. Claims typically take 30-120 days to disburse. TY Recovery Group maintains constant communication with claim authorities. Recovering surplus funds is not impossible but is a detailed and a patient process. 

Once your claim is approved, the surplus funds are released. You will sign a final release that shows original surplus amount, fees and the amount due back to you. Funds are sent via wire or paper check.