Can a Bank Challenge My Claim to Surplus Funds? | NC

About this video

Q: Can a bank or other interested party challenge my claim to surplus funds? A: Yes. A bank, lienholder, judgment creditor, heir, former owner, or other person can challenge your claim if they say they have a legal right to the surplus money. The challenge is about who is entitled to the funds left after the foreclosure sale, not about undoing the foreclosure sale itself. If you know another…