Best Bankruptcy Lawyers in Largo, FL

What Are Florida Surplus Funds and Am I Entitled to Them🏠💸💼📝? Becoming a homeowner is something many aspire to. No one ever expects that they will need to file for bankruptcy or be foreclosed upon when they purchase their home. However, sometimes foreclosures happen. There are many reasons that may not even be your fault entirely such as job reduction or personal injury that has left you unable to make payments. If your property is sold in a tax deed sale and the sale proceeds exceed the amount of taxes, interest, penalties, and costs owed, you are entitled to the surplus funds. These surplus funds are typically paid to the former property owner after all the debts and costs associated with the sale have been covered. The process for claiming these surplus funds can vary by state and local jurisdiction, so it’s essential to check with your local tax authority or legal advisor to understand the specific procedures and requirements for making a claim.