Petition to Determine Ownership of Surplus Funds- NCGS § 45-21.32
Whether you are assisting a client with finalizing an estate, a foreclosure, or with collecting a judgment, you may encounter surplus funds. Understanding when surplus funds are deposited and the legal process by which your client can secure those funds is beneficial. What are surplus funds? Surplus funds occur when a foreclosure recovers more money than is owed to the entity and after paying all debts Read More
