Surplus Funds is when a client’s propriety is foreclosed, the propriety sole at auction to a larger amount than what’s owed. The client might be intitle to these funds by following the proper steps. In some States the agency who hold these funds has the right to keep it if the rightful owner fails to claim it in a certain amount of time. A limited amount of time will be available to do so. If you don’t act quickly, you can miss the deadline to claim the fund. Surplus funds typically arise from various financial transactions, such as overpaid taxes, excess auction proceeds, or unclaimed insurance benefits. If you have been involved in any financial dealings where funds may have been overpaid, there’s a chance that surplus funds are waiting for you.