What are Surplus Funds Exactly?

In Oklahoma, there is a significant amount of unclaimed property held by the state. Here are some key statistics:

- **Total Unclaimed Property:** More than $1 billion.


- **Number of Oklahomans with Unclaimed Property:** Over 1.2 million.

- **Types of Unclaimed Property:** Includes royalties, proceeds due to beneficiaries, miscellaneous outstanding checks, money orders, policy benefits, checking and savings accounts, premium refunds, group policy benefits, refunds due, credit balances, accounts receivable and payable, matured certificates of deposit, payroll/wages/salary, utility deposits, dividends, and more...

This information indicates a substantial amount of unclaimed assets that could potentially benefit many residents of Oklahoma.

Bankruptcy overages occur when a property is sold through bankruptcy proceedings, and the sale generates more funds than required to satisfy the debts of the bankruptcy estate.
  - Services Offered:
    - Overages Recovery: We assist individuals and entities entitled to bankruptcy overages in navigating the complex process of recovering these surplus funds.
    - Comprehensive Research: Our team conducts extensive research to identify bankruptcy cases where overages may exist, ensuring that our clients have the opportunity to claim what is rightfully theirs.
    - Legal Guidance: We collaborate with knowledgeable bankruptcy attorneys to provide expert advice and representation, ensuring a successful recovery process for our clients.

Tax delinquent sales occur when a property owner fails to pay property taxes, leading to the local government auctioning the property to recover the unpaid taxes.
  - Services Offered:
    - Surplus Funds Retrieval: After a tax delinquent property is sold, there may be surplus funds generated from the sale proceeds. We specialize in helping former property owners and other eligible parties claim these surplus funds.
    - Identification and Tracking: Our team actively monitors tax delinquent sales and identifies potential surplus funds opportunities for our clients.
    - Legal Support: We collaborate with experienced attorneys familiar with tax sale laws to ensure a smooth and successful recovery process for our clients.

Mortgage foreclosures occur when a property owner fails to make mortgage payments, leading to the lender taking legal action to sell the property in order to recover the outstanding debt.
  - Services Offered:
    - Surplus Funds Recovery: Following a foreclosure sale, there may be excess funds generated from the sale price that go beyond satisfying the mortgage debt. We specialize in helping former property owners and other eligible parties recover these surplus funds.
    - Research and Analysis: Our team conducts thorough research to identify and track foreclosure sales, ensuring that no potential surplus funds are missed.
    - Legal Assistance: We work with experienced attorneys who specialize in foreclosure laws and procedures, ensuring that our clients' rights are protected throughout the recovery process.

Fund Discovery: Identifying unclaimed funds owed to individuals or businesses.

Claim Filing Assistance: Managing and submitting necessary documentation for claims.

Expert Consultation: Providing professional advice on the process of reclaiming funds.

Success Tracking: Monitoring the progress of claims and updating clients.Legal Support: Offering legal guidance related to claiming unclaimed funds.