Have you lost your home to a forclosure in Indiana?
You are likely owed some serious cash.
Get your money back.
Indiana Surplus Recovery works directly with government agencies to locate and return excess funds to property owners after their homes have been foreclosed upon and sold.
In Indiana real estate, these excess funds are often referred to as a “surplus.“
Nine times out of ten, these funds aren’t claimed in time, costing unsuspecting property owners in Indiana an estimated $373 million in 2023 alone. The mission of Indiana Surplus Recovery is to streamline the administrative process for these property owners to get them the funds they are rightfully owed after their homes have been foreclosed upon and sold.
A Message from our chairman
“A property owner who has undergone a foreclosure has already been through enough.”
“We don’t believe that a property owner who’s been foreclosed upon should have to continue to endure the complications and costs of further court proceedings and government procedures to get the money that’s rightfully owed to them after their property has been sold. The goal of our business is to streamline the administrative process for property owners by claiming these proceeds on the property owner’s behalf. That way, all they need to do is endorse and deposit the check when it becomes available.”
Ronald J. VanDenburgh
HOW THE PROCESS WORKS:
STEP 1: CONTACT US
The first step in our process is to get in contact with the property owner. Typically, we will find the property owner and reach out first, or they will reach out first via our website or a referral.
Step 2: initial paperwork
The second step is to complete the initial paperwork that outlines the agreement between us and the property owner so that we can work on their behalf without requiring any form of upfront payment.
Step 3: The process begins
The third step is to begin the administrative process of retrieving the surplus funds for the property owner. This entails communications with the court and any other interested parties.
Step 4: Wait
After the bulk of the administrative process is complete, we must wait until the funds become available. This waiting period can take anywhere from a few weeks to up to 6 months.
Step 5: Get Paid!
Immidiately upon the funds becoming available for withdrawal, the property owner is issued a check.
About Us
Indiana Surplus Recovery is comprised of native Hoosiers who have a passion for helping Indiana residents get the money that is owed to them after a foreclosure.
Surplus Recovery
We recover surplus funds that are available for property owners after the sale of their foreclosed real properties. Each year, hundreds of millions of dollars go unclaimed because property owners are never notified about these funds. We seek to make it hassle-free for property owners to get the money that’s owed to them.
2023 FORECLOSURE SALE ESTIMATES:
Estimated Forclosures in 2023 from Unpaid Taxes and Mortgages
Generated from Forclosure Auctions and Tax Sales
Due to Property Owners, Silently Kept by the Property Sellers
Will Go Unclaimed and Be Turned Over to Government Accounts
If you believe some of this money might be owed to you, please get in contact with us TODAY.
In Indiana, surplus proceeds from foreclosed property sales become escheated to government accounts after just three years of going unclaimed, and due to the complex process required to claim these funds, it can take some time.