Maximum Asset Recovery Solutions
At Maximum Asset Recovery Solutions (MARS), we specialize in helping our clients recover unclaimed funds with no risk and no upfront costs. Our team of experts is dedicated to providing top-notch asset recovery services that you can trust.
Our Services
At Maximum Asset Recovery Solutions (MARS), we provide asset recovery services for mortgage foreclosures, tax overages, and unclaimed state funds without any upfront costs or risks. Our team of experts will assist you in navigating the complex legal system and help you get the funds you deserve.
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Why Was I Not Notified?
The number one question our clients ask us is why was I not notified that I was owed these funds?
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The state or counties are legally required to send out notification letters of these surplus funds, but most of the time it’s sent to the last known address on record. The last known address is usually the address of the foreclosed property, so previous owners usually never receive these notifications. The county or state has no incentive to try and track down the previous owner because if the excess proceeds remain unclaimed after a certain period of time they get to retain these surplus funds.
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Our company works directly with the county or state and helps our clients navigate the complex process of filing a claim to recover these surplus funds. We handle all the research, document preparations, legal processing, communications and claims resolutions at no upfront cost to you.
Mortgage Foreclosure Surplus Funds
If a homeowner defaults on their mortgage payments, the lender will likely foreclose. In most states, a foreclosure ends with a public auction where the property is sold to a new owner.
When a foreclosure sale results in surplus funds (money over and above what's needed to pay off all the liens on the property), this extra money legally belongs to you (the homeowner), not the lender.
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Tax Deed Overages
When a homeowner is unable to pay property taxes on their home, they may lose their home in what is known as a tax sale auction or a sheriff's sale.
A tax sale auction is typically held by the county, which has the power to advertise the home for sale and sell the tax lien to collect unpaid property taxes.
At a tax sale auction, properties are sold to the highest bidder, however, in some cases, a property may sell for more than what was owed to the county, which results in what are known as surplus funds or tax sale overages. These funds legally belong to the previous owner.
Unclaimed State Funds
Unclaimed funds are money and other assets whose rightful owner cannot be located. These funds typically come from sources such as bank accounts, safety deposit boxes, uncashed checks, money orders, insurance policies, stocks, bonds, mutual funds, trust funds, royalties, and escrow accounts. Unclaimed funds are typically turned over to the government after a specific period of time has passed.
To claim the funds or assets, the designated owner or beneficiary must file a claim. If the property is part of an estate, the claimant may have to prove their right to it.