How to Stop Foreclosure & Claim Money the Banks Won’t Tell You About

Foreclosure is one of the most stressful situations a homeowner can face. However, many people don’t realize that even after foreclosure, they may be entitled to thousands of dollars that banks and counties won’t tell them about. In this guide, we’ll cover how to stop foreclosure—even if you have no money—and how to claim surplus funds that legally belong to you after foreclosure.

Understanding Foreclosure and Surplus Funds

What Happens When a Home is Foreclosed?

Foreclosure follows a legal process where the bank reclaims a property due to missed mortgage payments. Here’s what happens next:

The property is auctioned off.

If the sale price is higher than what was owed, the extra money—known as surplus funds—belongs to the previous homeowner.

If the homeowner does not claim these funds, the county or bank may keep them.

The Reality Banks Won’t Tell You

Most homeowners are unaware of these surplus funds. For example, one homeowner lost their house, thinking they had lost everything—until they were able to recover $18,500 in surplus funds. This is money that could help people get back on their feet.

How to Claim Money After Foreclosure

What Are Surplus Funds?

When a foreclosed property sells for more than the owed mortgage balance, the extra money is called excess funds, surplus funds, or overage funds. Every state has different rules for claiming these funds, and they are only available for a limited time.

Steps to Check If You Are Owed Money

Visit your county’s website and look for “surplus funds” or “excess proceeds.”

Search for your name or property address.

File a claim—but beware, the process can be complex and time-consuming.

Many homeowners struggle with paperwork and legal procedures, which is why professional assistance can speed up the claim process.

How to Stop Foreclosure Before It Happens

If you're behind on mortgage payments, you have several options:

1. Loan Modification

Negotiate with your lender to adjust your loan terms, lower your payments, or extend the repayment period.

2. Sell Before Foreclosure

Selling your home before it goes to auction allows you to get cash and avoid foreclosure’s damaging impact on your credit.

3. File for Bankruptcy

This is a last-resort option that temporarily stops foreclosure but comes with significant financial consequences.

Warning: Ignoring the problem only makes things worse. Contact your lender as soon as possible to explore your options.

Real Success Stories

Many homeowners have successfully stopped foreclosure or recovered money they didn’t know they had. For example:

• John & Lisa thought they had no options, but after seeking help, they recovered $22,000 in surplus funds.

• Another client lost their home but was able to reclaim $18,500 after learning about the surplus fund process.

These cases prove that even after foreclosure, homeowners can recover financially.

Next Steps: Take Action Now

If you’re facing foreclosure, you have two choices:

🚪 Let the bank take everything and walk away with nothing.

💰 Take action and claim what’s legally yours.

Here’s What You Should Do Right Now:

✅ Text us ‘FUNDS’ at 855-697-2145 if you want to check if you have money waiting for you.

✅ Click the link here to book a free consultation.

Time is critical—don’t wait until it’s too late. Let’s get you the help you deserve!