Information
Navigating the world of excess proceeds can be confusing. We've compiled a list of frequently asked questions to help you understand the process and how DH Recovery Agent can assist you. We are committed to transparency and providing clear, helpful information.
Frequently asked questions
Here you'll find answers to common questions about excess proceeds recovery, our services, and what to expect when working with DH Recovery Agent. Our goal is to provide you with the information you need to make informed decisions.
What are excess proceeds?
Excess proceeds (also called surplus funds) are funds remaining after a foreclosure or tax sale once all debts, liens, and costs have been paid. In some cases, former property owners or eligible heirs may be entitled to claim these remaining funds.
Is there a cost to get started?
No. Initial inquiries and reviews are conducted at no cost. DH Recovery Agent operates on a contingency-based model, meaning fees are only collected if funds are successfully recovered.
How long does the recovery process take?
Timelines vary depending on the state, governing authority, and complexity of the claim. Some claims may take several months to process. DH Recovery Agent cannot control processing times but remains available to provide updates when possible.
How do i know if i am eligible?
Eligibility depends on several factors, including:
• The type of sale (tax sale or foreclosure)
• The state where the property was located
• Your relationship to the property (former owner or legal heir)
• Available documentation and filing deadlines
DH Recovery Agent conducts an initial review to help determine whether you may be eligible.
How much is the fee if funds are recovered?
Fees are based on a percentage of recovered funds and are disclosed clearly before any agreement is signed. Fee structures are subject to state-specific laws and regulations. No fees are collected if no funds are recovered.
Do i need an attorney?
Not necessarily. DH Recovery Agent is not a law firm and does not provide legal advice. Services are limited to non-legal administrative assistance, including research and claim preparation. In some situations, legal counsel may be recommended depending on your circumstances.
Still have questions?
If you didn't find the answer you were looking for, don't hesitate to reach out to us. We're here to help guide you through the excess proceeds recovery process.