Transparent Fees
Attorney's Fees for Surplus Funds Recovery
Understanding how attorney's fees work before you hire anyone is important. Here's exactly how Donovan Law structures its fees for surplus funds recovery cases.
How Donovan Law Charges for Surplus Funds Cases
No upfront attorney's fees. Attorney's fees are calculated at an hourly rate and paid from any funds recovered. If no funds are recovered, you owe no attorney's fees.
What This Means for You
You do not pay anything out of pocket to start your case. Donovan Law reviews your situation, researches the foreclosure file, and handles all legal work. Attorney's fees are calculated based on the time spent on your case and are paid from the funds recovered — not billed to you separately.
If the case does not result in a recovery — for example, if no surplus funds exist or a competing claim takes priority — you owe no attorney's fees.
How This Compares to Third-Party Recovery Agents
Third-party recovery companies — unlicensed businesses that contact former property owners after a foreclosure — typically charge a large percentage of whatever funds are recovered. This percentage can be substantial, and these companies are not licensed attorneys, meaning they cannot represent you in court or provide legal advice.
Donovan Law bills at an hourly rate, paid from recovered funds. You receive the benefit of licensed legal representation without paying out of pocket.
Free Initial Review
Before you commit to anything, Donovan Law will look up your foreclosure case in the NC court system and tell you whether surplus funds appear to be available. This initial review is at no charge. If we take your case, we will explain the fee arrangement in writing before any work begins.