Numerous Michigan counties have agreed to a class action settlement to resolve claims that they failed to distribute surplus proceeds from tax foreclosure sales.
The settlement benefits individuals who held a non-contingent interest in an eligible property that was foreclosed and sold between Jan. 1, 2013, and Dec. 31, 2020, by certain Michigan counties. See the “Who’s Eligible” section below for a full list.
According to the class action lawsuit, Michigan counties failed to return surplus sale proceeds after they sold tax-foreclosed properties. Plaintiffs in the case say any surplus from these sales should have been returned to them instead of being pocketed by the Michigan counties.
Properties in Michigan may be foreclosed on if property taxes remain unpaid for three years. Proceeds from the sale of these homes are intended to pay the delinquent taxes.
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