Charlotte Surplus Funds Attorney & Foreclosure Surplus Lawyer
Charlotte remains one of the most active foreclosure regions in North Carolina, and many foreclosure sales in Mecklenburg County result in surplus funds—the excess money left over after the trustee pays off the mortgage, taxes, and fees. These surplus funds belong to the former property owner, but recovering them nearly always requires an attorney to file a Petition for Surplus Funds with the Mecklenburg County Clerk.
As an attorney who has successfully handled many surplus funds cases in Charlotte and Mecklenburg County, I help former homeowners, heirs, and business owners secure the foreclosure surplus they are legally entitled to. Because Charlotte’s real estate market moves quickly, properties often sell for far more than the debt, leading to significant unclaimed surplus funds.
Common situations in Charlotte and other location in Mecklenburg County that require the help of a surplus funds lawyer include:
The property owner has passed away, and heirs must prove legal entitlement
The foreclosed property was owned by an LLC or corporation not in good standing
Multiple heirs or family members may have competing claims
Creditors, HOAs, or judgment lienholders assert an interest
The trustee deposits the surplus with the Clerk because ownership is unclear
I regularly assist clients in Charlotte, Matthews, Mint Hill, Pineville, Huntersville, Cornelius, and throughout Mecklenburg County with:
Preparing and filing Petitions for Surplus Funds
Drafting affidavits of title, heirship, and ownership
Handling estate issues and intestate succession
Identifying and resolving competing claims
Ensuring proper service of process
Representing clients in Clerk and Superior Court hearings
If your Mecklenburg County home was foreclosed and sold for more than what was owed, you may be entitled to a significant foreclosure surplus. Contact an experienced surplus funds attorney for a free consultation.