A significant opportunity exists for previous homeowners in Wayne County to reclaim funds generated from the auction sales of their foreclosed properties. The Michigan Supreme Court's ruling in 2020 established that former property owners are entitled to any surplus resulting from these auctions, provided they file claims by March 31. This surplus refers to the difference between the sale price and the outstanding taxes and fees owed at the time of foreclosure. Instances where the county reaped far more than what was owed have led to legal actions seeking restitution for affected individuals.
The process involves several steps aimed at ensuring rightful claimants receive their due. Initially, former property owners must complete a notice of intention form available through the Michigan Department of Treasury and have it notarized. Subsequently, submission can be done either via certified mail or in person at the Wayne County Treasurer’s Office. Following this initial step, the Wayne County Treasurer’s Office will send out notifications detailing whether surplus funds exist, other potential claimants, and necessary legal motions by July 1. Claimants must then file a motion with the circuit court by October 1, requesting the surplus proceeds and attending a hearing before receiving any funds.
This initiative underscores the importance of fair financial practices within government operations and highlights the rights of citizens to recover unjustly retained funds. By enabling former property owners to reclaim money rightfully belonging to them, Wayne County is fostering trust and transparency. Moreover, resources such as WayneCountyForeclosureClaims.com provide essential information, empowering individuals to navigate this complex process effectively. This development serves as a reminder of the power of judicial intervention in promoting equitable treatment and safeguarding individual rights.