Frequently Asked Questions

Maybe you have a few questions. That’s okay. Most people do.

So here’s a collection of some of the questions people ask us…along with our answers.

If you still have a question, don’t hesitate to contact us by phone, text or email

and we’ll be more than happy to answer it for you.

What are surplus funds?

Homes and other real estate can be sold at a foreclosure auction because of unpaid taxes and mortgages, and the auction buyer may pay more than is actually owed. The difference between the unpaid balance and the selling price is called a foreclosure "overbid" or "surplus or excess funds". What most people don’t know is that this extra money can be claimed by the former homeowner or their heirs. This money could go a long in helping them rebuild their lives after losing their homes in a foreclosure.

How did you find me? How did you get my number?

Our firm employs skip tracers and private investigators to locate and contact potential clients.

This sounds too good to be true

We have heard that many times, and we assure you there is no “catch”. These funds and this process are entirely true and above board. We pride ourselves on providing honest, fair, fast, friendly and dependable service. That level of service is exactly what we will do for you.

Who can claim surplus funds?

The person who owned the property when it was foreclosed on is generally the rightful owner of the surplus funds. However, if that person is deceased, then his or her heirs may be eligible to claim the funds.

Why should I use your company?

We are good at what we do and make every effort to get your funds for you quickly with as little inconvenience and effort on your part as possible. Dendi Refund Services will hire an attorney who specializes in surplus funds cases to handle your claim efficiently. We pay all of the upfront costs, including the attorney's fees. We work strictly on contingency and only get paid after you get paid. Lastly, if we are unsuccessful in getting you paid, you will owe us nothing.....that's right, PAY NOTHING IF YOU DO NOT GET PAID.

Are you a legitimate business?

Yes, we are. We are licensed in the State of Ohio, and can locate unclaimed funds in all 50 states. We are also listed by the Better Business Bureau and have an A+ rating with no complaints filed about our service.

Can I collect these funds on my own?

You are certainly welcome to do your own research and even to attempt to file a claim on your own. However, the government agencies we audit do not generally post their unclaimed funds information online so it can be very difficult to find and, if you find it, it may be incomplete or inaccurate. With that said, anybody making a claim would need to file a motion with the court or the entity holding the funds, seek a court order to turn the funds over to them, submit supporting documentation, and attend a court hearing to explain why they are entitled to the funds. In many states, the motion must be filed by an attorney, so the homeowner would first need to hire an attorney and pay an upfront retainer for their services. Also, it can get very expensive if your motion is challenged or if a probate filing is needed. After all that, a judge could deny your claim and you would lose all of the money you spent trying to claim the surplus on your own.

To avoid all that, we suggest that you let Dendi Refund Services handle your claim for you, and here's why:

- We will hire the attorney to handle your claim;

- We pay all of the upfront costs, including for the attorney;

- We work strictly on a contingency basis, so we only get paid when you get paid;

- We do the work and keep the process easy for you; and

- We make it risk free for you because, if we are not able to recover your funds, then you owe us nothing!

How much time do I have to collect these funds?

It depends on the laws in your State and what kind of foreclosure process they used to sell your property.

In many states, Tax Foreclosure Sales result in the funds being held for 60-90 days before being transferred to the County Treasurer, which can make them harder to claim. The funds can stay there for 3-5 years. After that the money is escheated (forfeited) to the county or state making them no longer available for you to claim.

For Mortgage Foreclosures, in many states, the funds are sent to the State Treasury one year after the sale. They can still be claimed from there but that process is much more complex and takes significantly longer. As a result, we strongly urge our clients to collect their funds before the end of that first year.

What if someone else tries to claim my money?

You can lose your surplus funds by waiting too long and running out of time to file a claim. However, you should also be aware that an even bigger problem is that there are people who watch these cases and, if someone doesn’t claim the funds within the first few months, they fraudulently try to collect the funds for themselves. That is why we always advise our clients to file a claim without delay.

Will I pay anything upfront if I hire you?

No. We will never ask you to pay us a dollar out of your pocket. Dendi Refund Services will advance all upfront costs to process your claim. We are only paid on the back-end once we secure the funds on your behalf. This is all spelled out in detail in our contingency fee agreement.

I am on Social Security, Medicaid, or some other fixed income support. Can I still claim?

Many people in this situation set up Medicaid Trust Accounts as a way to maintain their Medicaid eligibility while still being able to claim excess proceeds funds. You would need to discuss this with an attorney familiar with Medicaid rules and regulations to make sure the Medicaid trust is done properly.

My home is selling at an HOA foreclosure, but I have a mortgage on the property. Am I still entitled to surplus funds?

In most cases, your primary mortgage is considered superior to the HOA's lien, which means their lien may not be extinguished due to the HOA foreclosure. However, your mortgage and other liens might end up being paid off by the foreclosure sale. If you sign with us, our legal team will assess your situation and do everything possible to get as money back for you as they can.

I have a friend or family member who lost their home in a tax or mortgage foreclosure. Can you help them?

We would be more than happy to provide your friend or family member with a free consultation to determine if they too may have real money waiting for them. All you need to do is have them contact us right away and, if this turns out to be a successful claim, you can earn yourself a finder's fee!

.

Frequently Asked Questions

Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us
by phone, text or email and we’ll be more than happy to answer it for you.

What are surplus funds?

Homes and other real estate can be sold at a foreclosure auction because of unpaid taxes and mortgages, and the auction buyer may pay more than is actually owed. The difference between the unpaid balance and the selling price is called a foreclosure "overbid" or "surplus or excess funds". What most people don’t know is that this extra money can be claimed by the former homeowner or their heirs. This money could go a long way in helping them rebuild their lives after losing their homes in a foreclosure.

Are you a legitimate business?

Yes, we are. We are licensed in the State of Ohio, and can locate unclaimed funds in all 50 states. We are also listed by the Better Business Bureau and have an A+ rating with no complaints filed about our service.

Who can claim surplus funds?

The person who owned the property when it was foreclosed on is generally the rightful owner of the surplus funds. However, if that person is deceased, then his or her heirs may be eligible to claim the funds.

How did you find me? How did you get my number?

Our firm employs skip tracers and private investigators to locate and contact potential clients.

This sounds too good to be true.

We have heard that many times, and we assure you there is no “catch”. These funds and this process are entirely true and above board. We pride ourselves on providing honest, fair, fast, friendly and dependable service. That level of service is exactly what we will do for you.

Can I collect these funds on my own?

You are certainly welcome to do your own research and even to attempt to file a claim on your own. However, the government agencies we audit do not generally post their unclaimed funds information online so it can be very difficult to find and, if you find it, it may be incomplete or inaccurate. With that said, anybody making a claim would need to file a motion with the court or the entity holding the funds, seek a court order to turn the funds over to them, submit supporting documentation, and attend a court hearing to explain why they are entitled to the funds. In many states, the motion must be filed by an attorney, so the homeowner would first need to hire an attorney and pay an upfront retainer for their services. Also, it can get very expensive if your motion is challenged or if a probate filing is needed. After all that, a judge could deny your claim and you would lose all of the money you spent doing it on your own. Hiring Dendi Refund Services to handle your claim would avoid all of that.

How much time do I have to collect these funds?

It depends on the laws in your State and the kind of foreclosure process used to sell your property.

In many states, Tax Foreclosure Sales result in the funds being held for 60-90 days before being transferred to the County Treasurer, which can make them harder to claim. The funds can stay there for 3-5 years. After that the money is escheated (forfeited) to the county or state making them no longer available for you to claim.

For Mortgage Foreclosures, in many states, the funds are sent to the State Treasury one year after the sale. They can still be claimed from there but that process is much more complex and takes significantly longer. As a result, we strongly urge our clients to collect their funds before the end of that first year.

What if someone else tries to claim my money?

You can lose your surplus funds by waiting too long and running out of time to file a claim. However, you should also be aware that an even bigger problem is that there are people who watch these cases and, if someone doesn’t claim the funds within the first few months, they fraudulently try to collect the funds for themselves. That is why we always advise our clients to file a claim without delay.

Will I pay anything upfront if I hire you?

No. We will never ask you to pay us a dollar out of your pocket. Dendi Refund Services will advance all upfront costs to process your claim. We are only paid on the back-end once we secure the funds on your behalf. This is all spelled out in detail in our contingency fee agreement.

I am on Social Security, Medicaid, or some other fixed income support. Can I still claim?

Many people in this situation set up Medicaid Trust Accounts as a way to maintain their Medicaid eligibility while still being able to claim excess proceeds funds. You would need to discuss this with an attorney familiar with Medicaid rules and regulations to make sure the Medicaid trust is done properly.

My home is selling at an HOA foreclosure, but I have a mortgage on the property. Am I still entitled to surplus funds?

In most cases, your primary mortgage is considered superior to the HOA's lien, which means their lien may not be extinguished due to the HOA foreclosure. However, your mortgage and other liens might end up being paid off by the foreclosure sale. If you sign with us, our legal team will assess your situation and do everything possible to get as money back for you as they can.

Why should I use your company?

Using our company is the smart way to claim and collect your surplus funds.

We are good at what we do and make every effort to get your funds for you quickly with as little inconvenience and effort on your part as possible. Dendi Refund Services will hire an attorney who specializes in surplus funds cases to handle your claim efficiently. We pay all of the upfront costs, including the attorney's fees. We work strictly on contingency and only get paid after you get paid. Lastly, if we are unsuccessful in getting you paid, you will owe us nothing.....that's right, pay nothing if you do not get your money!

I have a friend or family member who lost their home in a tax or mortgage foreclosure. Can you help them?

We would be more than happy to provide your friend or family member with a free consultation to determine if they too may have real money waiting for them. All you need to do is have them contact us right away and, if this turns out to be a successful claim, you can earn yourself a finder's fee!