What Happens To Excess Proceeds From A Foreclosure Sale?

What Happens To Excess Proceeds From A Foreclosure Sale? If a foreclosure sale results in excess proceeds, the lender doesn’t get to keep that money. The lender is entitled to an amount that’s sufficient to pay off the outstanding balance of the loan plus the costs associated with the foreclosure and sale—but no more. What

What Is A Good Sentence For Surplus?

What Is A Good Sentence For Surplus? Noun If there is any surplus, it will be divided equally. There is a surplus of workers and not enough jobs. What are some surplus words? excess, extra, redundant, spare, supererogatory, superfluous, supernumerary. What is a good sentence example? A good sentence is a complete sentence. A complete

How Does A Nonprofit Organization Handle Surplus Funds?

How Does A Nonprofit Organization Handle Surplus Funds? If you run a surplus for several years, you accumulate a positive fund balance. That balance may be enough to cover a year in which you run a deficit. … Like many other nonprofits, the net assets of the church in question were separated into “unrestricted” and