Petition For Turnover Of Surplus Funds | Pdf Fpdf Docx | Illinois

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Petition For Turnover Of Surplus Funds | Pdf Fpdf Docx | Illinois

Last updated: 9/16/2024

Petition For Turnover Of Surplus Funds

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Description

PETITION FOR TURNOVER OF SURPLUS FUNDS. This form is used in foreclosure cases where a property has been sold for more than the amount owed to the mortgage company. The petitioner (typically a party involved in the foreclosure case) requests the court to release any surplus funds from the sale. The petition includes details about the surplus amount, the petitioner’s interest in the property (whether as an owner, creditor, lien holder, etc.), and any bankruptcy proceedings. The court reviews the petition and, if approved, orders the surplus funds to be turned over to the petitioner. www.FormsWorklflow.com

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