Excess Proceeds from Tax Foreclosure or Mortgage Foreclosure Sales Denton TX
Skilled attorney Assists to Recover Excess Proceeds and Excess Funds
Jack W. Cunningham, P.C., represents former real property owners (individuals, executors, administrators, and businesses) who have valid claims to excess funds, i.e. excess proceeds, deposited into the registry of the court as a result of property tax foreclosure sales. We will simplify and guide you through the complexities of this challenging process to successfully claim and recover excess proceeds that are owed. Jack W. Cunningham, P.C. has a deep understanding of the applicable Texas laws and is committed to protecting your rights and financial interests. Contact us today for a consultation.
- Excess Proceeds or Excess Funds: If a property tax foreclosure sale generates more money than is needed to pay off the outstanding taxes and other associated costs, the remaining funds are considered “excess proceeds” and are deposited into the registry of the court that ordered the tax foreclosure sale.
- Claiming Excess Proceeds: Property owners or their heirs may be eligible to claim these excess proceeds. However, Texas law specifies time limits and procedures for filing a claim. Missing these deadlines can result in forfeiting the right to the excess funds. As a result, acting promptly is very important!
- Legal Representation: Jack W. Cunningham, P.C., assists former property owners or their heirs to navigate the complex process of claiming excess proceeds so that they understand their rights. Jack W. Cunningham, P.C. conducts the necessary legal research, prepares and timely files the required paperwork, and engages with the court and taxing entity attorneys to result in a successful claim.