Iâ€™m going to â€œguessâ€ that you received a 90 Day Notice of Default threatening foreclosure unless you brought the loan current within those 90 days, or made arrangements with the lender.
Within those 90 days, in order to stall the Foreclosure process in its tracks you applied for Chapter 13 protection in Federal District Court, not the San Francisco Superior Court. The bankruptcy process would have given you the opportunity to â€œre-structureâ€ your loan.
My next guess is that you moved and decided to leave no forwarding address with the Post Office, or forwarding number with the telephone company. So neither the Trustee in Bankruptcy, nor the lender, nor the Title Company could find you. The Bankruptcy was then closed, as the Trustee couldnâ€™t find you; the foreclosure process continued on and all further Notices from the Title Company were returned as the Title Company could not find you. It is probable that the sale proceeds only covered lender costs and deficiency. In the unlikely event that there were â€œexcess fundsâ€, the Title Company would have inquired how you wanted the funds forwarded to you. Such â€œexcess fundsâ€ would then be forwarded to the State, as the Title Company could not find you.
Check the California Comptroller website to confirm whether funds were escheated to the State. If they were, you will get them back. Google â€œstate comptrollerâ€ and youâ€™ll see a link to â€œunclaimed propertyâ€.
If the funds arenâ€™t there, consult the title company that sent you the Notice of Default.
Leopold A Rodriguez
Single Agency Broker 00849905
Attorney at Law 43062
400 Montgomery 505, San Francisco 94104