What Can Stop Surplus Funds After an Heir Assigns Them? | NC

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Q: What could prevent surplus funds from being released after the only heir signs an assignment? A: In North Carolina, a signed assignment can help prove that the assignee has a right to claim the foreclosure surplus, but it does not automatically make the clerk issue a check. The clerk still has to confirm that the surplus funds are actually being held by the clerk, that the assigning person…