Excess Proceeds

If you are a borrower who has been foreclosed upon (or the heir/legal representative of a deceased borrower), please reach out to our Excess Proceeds team first to determine whether the sale of your property generated any surplus funds. Although there are many companies that offer to collect these funds on your behalf, please note that Rubin Lublin has no affiliation with these companies and does not endorse the services of any of these companies. You are not required to retain one of these companies to receive any funds you are entitled to. If, however, you desire legal advice regarding this matter, we recommend you contact an attorney licensed in the appropriate jurisdiction to advise you.

If you are a mortgage/lien holder or HOA with an interest in a property we have foreclosed upon, please reach out to our Excess Proceeds team with an accurate payoff statement so that we can determine your entitlement to the funds.

If you are the successful bidder from a foreclosure auction, please contact our foreclosure team at foreclosuredeeds@rlselaw.com regarding any potential overages due back to you from the sale or the status of your deed. Please note, our firm policy is to begin the disbursement process for Excess Proceeds once 30 days have elapsed from the date of the foreclosure sale. This allows us to finalize the sale and conduct necessary accountings, title work and priority determinations. For these reasons, please do not contact our office by any means until 30 days have elapsed from the sale date or you will not receive any response. Thank you.