Dein erstes Forum » Generally, the overage is given over

Generally, the overage is given over to the court or the sheriff's department. The court or sheriff is then supposed to notifiy anyone who might qualify as the rightful owner of the overage.

The system is, however, really flawed. First up are mortgage holders or equity loan holders other than the mortgage that foreclosed on the property. These guys are usually the first ones in line for the money. The current second mortgage holder never receives the notification. Why? Most are no longer in business and the debt has been taken over by another company. They don't know what's going on.Â

Judgment and lien holders are also given notice of the surplus funds. These guys don't try to lay claim to the funds because they've given up Newport Cigarettes Coupons or don't believe they'll get it. Ex-owners can even have rightful ownership of this money. But the court sends a letter to the address that they consider to be last known. That's Cheap Cigarettes Online USA right - the court sends notice to the address the owner got foreclosed on in. Do you believe the ex-owner will get notice at that address? Think they left a forwarding address? Let's say they did. Think they're going to open a letter from the clerk of the court right after they got foreclosed on? It's called a 'circular file' .



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