Q: I'm an heir to an estate, How do I get my funds out of court after a foreclosure?
A:
The entity that foreclosed on the home will have the money initially. If it's over $100k, they will normally refuse to give it to an heir without first your going to court and requesting to be named as the personal represenative.
If it has been long enough, the entity may have turned the funds over the state treasurer's office. You can look up names on their website to see if any funds are held there. mycash.utah.gov
A: Mr. Prigmore will be correct if a Surplus exists. But if a Note Deficiency results, you will get nothing. Check with the lender and the Court to see what sale brought, positive or negative.
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