Questions?

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Frequently Asked Questions

What does Green Light Surplus Funds do?

Green Light Surplus Funds is an organization that specializes in finding and recovering lost assets. Some of the sources of money that we locate are from Tax and Mortgage Foreclosure auctions. We research the information and then contact the rightful owners to help them get their hard earned money back into their checking accounts.

Why are surplus funds available?

Surplus funds are simply the financial remains after a house has been sold for the amount that a bank wanted, better known as a foreclosure auction. It is extremely common for foreclosed properties to have surplus funds after they have been foreclosed on. Foreclosed homes are usually sold for more than what is owed which means that previous Homeowners have legitimate rights, and this is where Green Light Surplus Funds steps in on your behalf.

How much is my claim? Where is it?

We will not know the dollar amount of your surplus funds until we verify with the appropriate state agency.

How much does it cost to get my surplus funds?

There is absolutely NO initial fee charged from Green Light Surplus Funds. We simply charge a small nominal fee after we have secured your surplus funds from the state agency handling your claim.

How much does it cost to retrieve my claim?

We work on a contingency basis and are only paid a minor percentage when and if we successfully recover the funds for you. Once you sign our contingency fee agreement, we’ll cover all the costs of retrieving those funds on your behalf including but not limited to Attorney’s fees, filing fees, court costs etc. We do this every day and NEVER charge you a penny out of pocket to get you your money.

Why do I need Green Light Surplus Funds to file the claim?

Government agencies don’t make the process of finding and claiming those funds easy. It requires a lot of paperwork, legal motions and follow-up. You could hire a lawyer to help but they typically cost more than the claim itself and you have to pay them upfront to get started. With us, you pay nothing up front and we know how to keep costs low. You need an experienced professional that knows the process inside and out to maximize your chance of getting that money.

How long will the process be to receive proceeds?

Every Government agency, Bank or Private organization handles the claims process differently. Depending on the local rules of law and the type of claim it is typically anywhere from 60 -120 days on average from the filing date. Some cases may take even more time, however we have seen many cases get paid out quicker.

How do I begin the recovery process?

Contact us by phone or email with your situation and one of our helpful and friendly associates will immediately help you with your claim. Once you sign — we get to work! We will keep you informed throughout the process, from submission, to follow-up to the official release of funds. Transparency and trust is how we operate.

Is this a scam?

NO. The concept of lost or forgotten funds or assets has been around for a long time. The federal, state and local governments as well as private banks, HOA’s and others hold over a staggering $50 Billion Dollars in unclaimed funds. Yes, that’s where we come in. We do not charge you any money upfront for our services. We work on a contingency basis and are only paid when and if we successfully recover the funds for you. WE WILL NEVER ASK YOU FOR ANY PAYMENT INFORMATION.