Surplusfundsriches review 2026

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Surplus benefit benefit that became payable as a result of a distribution of surplus in the fund to active and former members of the fund. Retirement benefit as a result of retirement from the fund.
Any person who believes they are the lawful owner of all or a portion of the surplus funds can attempt to collect the funds by initiating a special proceeding before the clerk of the superior court by filing a Petition for Surplus Funds.
Surplus funds usually get distributed first to subordinate lienholders in order of priority and then to the former homeowners (borrowers). So, you might have the right to claim the surplus funds after your house is foreclosed, particularly if you dont have any other liens on your home.
Surplus Funds is a term used in the Final Accounting process and refers to an amount of loan or grant proceeds in excess of expenditures for the asset purchased (or constructed) with applicable proceeds.
surplus | Business English the amount of money that you have left when you sell more than you buy, or spend less than you receive: The savings will create a surplus of a little more than $24 million. The overall gap continues to reflect a deficit in the trade of goods and a surplus in services. Compare. deficit.

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