You can claim it yourself, for free

Checklist: Maine, money left over after a foreclosure sale

Who holds it: The foreclosing lender pays the surplus to the borrower. If the borrower never appeared in the court case, the surplus goes to the clerk of courts.

How long: The clerk holds the surplus in escrow for 6 months. If unclaimed, it goes to the Treasurer of State until it becomes unclaimed property.

How you claim: If you took part in the foreclosure case, the lender pays you the surplus. If not, claim it from the clerk of courts within 6 months; after that, claim from the State Treasurer's unclaimed property program.

Your deadline: ____________ (confirm it with the clerk)

Steps

1. Check the lender's report of sale filed with the court (due within 90 days of the sale or 45 days after the deed, whichever is first).
2. If you appeared in the case, ask the lender for the surplus.
3. If you didn't appear, contact the clerk of courts within 6 months of the sale.
4. Later, search maineunclaimedproperty.gov.

Documents

Not researched yet — ask the clerk

What it costs you

Not researched yet — ask the clerk

If someone offers to do it for you

• Fee limits: Not researched yet — ask the clerk.
• You never need to pay anyone to file.

Official links

• 14 M.R.S. §6324 (proceeds of sale): https://legislature.maine.gov/statutes/14/title14sec6324.html