For Professionals — Veteran Organizations
Serving Veterans Who May Be Owed Money After A Property Loss
Veterans and military families face unique property loss situations — including deployments that led to missed tax payments, VA loan foreclosures, and forced sales that occurred while service members were stationed overseas. Veteran service organizations are positioned to help identify excess proceeds situations that may have gone unaddressed.
Common Veteran Situations
Veterans and military families may have potential excess proceeds situations related to: VA loan foreclosures where the auction price exceeded the loan balance, tax sales that occurred during deployment or extended absence, properties lost during military transitions or PCS moves, estate situations where a deceased veteran's property was sold in a forced sale, or surviving spouse situations where the family lost track of the former home after the veteran's death.
SCRA Considerations
The Servicemembers Civil Relief Act (SCRA) provides certain protections against foreclosure during active duty. If a foreclosure occurred in violation of SCRA protections, additional legal remedies may be available beyond excess proceeds. NEPEX provides educational intake, but questions about SCRA violations require the attention of a qualified attorney with military law experience.
Surviving Family Situations
Veterans' surviving spouses and children may be among the heirs entitled to excess proceeds from a deceased veteran's property. If the veteran's home was sold after death, the family may be unaware that funds were generated by the sale and may have a valid claim. Estate and probate considerations apply, and NEPEX can help guide the family through the general process before referral to an attorney.
How Veteran Organizations Can Help
Veteran service organizations, VSOs, and veteran-serving nonprofits can add excess proceeds awareness to their financial assistance and benefits navigation programs. When a veteran or surviving family member describes a situation involving a forced property sale — especially if they don't know what happened to the proceeds — a referral to NEPEX for educational intake is a simple, no-cost way to potentially identify significant unclaimed funds.
Disclaimer: National Excess Proceeds Exchange is not a law firm and does not provide legal advice. This page is educational only. SCRA and VA-related legal matters require qualified military or veteran law attorneys. Recovery is not guaranteed.