Please feel free to request a print copy of our informational brochure explaining foreclosure surplus and recovery procedures, and explaining our mission as a nonprofit surplus recovery organization.
We also provide information on fraudulent and exploitative risks to look out for to make sure you recover as much of the foreclosure surplus as you are entitled to.
Lastly, we discuss steps that can be utilized if you have already signed an agreement with a recovery company that you now expect is overcharging or exploiting you.
For clarity, anyone charging over 12% is charging more than section 45.033 Florida Statutes allows. Any fees and costs of the recovery should come out of the 12%. Many for profit companies at the very least attempt to stick the owner with the attorney’s fees. In some cases, these hidden added fees as as much or more than the 12% fee! However, the attorney in these cases serves the recovery company, not you. Paying an attorney is a required expense for the surplus recovery company to do what they’ve agreed to do. So, they should pay fees and costs, not you!
Surplus Advocates isn’t here to “get rich off your surplus.”
We’re here to make sure you’re not taken advantage of, your funds don’t get lost in bureaucracy, and that you walk away with what you deserve.
Yes, we are a nonprofit.
Yes, that matters.
And yes, we take a little pride in saying it louder than the for-profit competitors wish we would.
Surplus Advocates is a collective of experienced agents and professionals who have identified problems in the ways surplus funds are overseen and administered.In the course of our collective professions, we have witnessed millions of dollars being stolen from homeowners, and millions more lost to exploitation and unlawful fees. Occasionally a crime ring will make the news, or an attorney will be sent to jail or disciplined, but the same loopholes and oversights have been exploited year after year.We formed Surplus Advocates as a non-profit to help foreclosed owners and to show that there is a way for a private organization to recover tax deed and foreclosure surplus funds for owners without any additional cost to the government, and without engaging in exploitative practices. Unlike for-profit surplus chasers, who frequently only try to track down owners they can get the largest fees from, our goal is to help anyone, whenever possible, without charging any out of pocket fees. We then use the fees and costs we receive from the court registry to further our mission, rather than line our pockets.
© 2025 Surplus Advocates, Inc.
A Delaware Non-Profit Organization
All Rights Reserved
