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Frequently Asked Questions
 

1. What are surplus funds?

Surplus funds are the remaining funds generated from the sale of a foreclosed property, which belong to the previous owner of the property.

2. How do surplus funds occur?

Surplus funds occur when a foreclosed property is sold at auction, and the sale price exceeds the total amount owed to the lender, including the remaining mortgage balance, accrued interest, and foreclosure expenses.

 

3. How did you get my number?

We obtain contact information from public records related to the property foreclosure process. If you prefer not to be contacted, please let us know, and we will honor your request.

4. Is this a scam?

No, Citus Recovery Solutions is a legitimate company specializing in surplus funds recovery. We are committed to providing transparent, reliable, and ethical services to help you reclaim surplus funds.

5. Who is eligible to claim surplus funds?

The previous owner of the foreclosed property is eligible to claim the surplus funds. However, in some cases, other lienholders, such as junior lienholders or judgment creditors, may also be eligible. In cases of probate, the heirs are eligible.

6. How much does it cost to hire Citus Recovery Solutions to file my claim?

Citus Recovery Solutions works on a contingency fee basis, which means that there are no upfront costs to you. Our fee is based on a percentage of the surplus funds recovered, ensuring that you only pay if we successfully recover funds on your behalf.

7. How do I know if there are surplus funds available for me to claim?

Citus Recovery Solutions will conduct a thorough investigation to determine if there are surplus funds available for you to claim.

8. What is the process for claiming surplus funds?

The process for claiming surplus funds can be complex and varies depending on the jurisdiction. However, Citus Recovery Solutions will handle the entire process on your behalf, from filing the claim to securing the funds.

9. What information do I need to provide to get started?

To get started, we will need some basic information such as your contact information and completed agreement form.

 

10. How long does it take to receive surplus funds after filing a claim?

The time it takes to receive surplus funds after filing a claim can vary depending on various factors, including the jurisdiction and the complexity of the case. However, the typical time period is 30-60 days. Contact us today to expedite the process and ensure that you receive your funds as soon as possible.

11. Why should I hire Citus Recovery Solutions to file my claim?

Citus Recovery Solutions specializes in filing claims for surplus funds. Our team of professionals has the expertise and experience to navigate the legal process efficiently, ensuring that you receive the surplus funds you are entitled to.

12. How do I get in touch with Citus Recovery Solutions?

You can contact Citus Recovery Solutions by phone at ‪(407) 479-8310‬ or by email at citusrecoverysolutions@usa.com. You can also fill out the contact form on our website, and one of our team members will get back to you as soon as possible.

 

Contact Us

Have questions or need assistance? We're here to help! Contact Citus Recovery Solutions today.

​​7901 4th St N STE 300
St. Petersburg, FL 33702
Tel: ‪407-917-8640
Email: Michael@citusrecoverysolutions.com

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© 2023 by Citus Recovery Solutions. All Rights Reserved.

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