Claiming surplus funds in Simpson County
Surplus from sales in Simpson County is held by the county office that conducted the sale, typically the clerk, auditor, or treasurer. We confirm the holding office before anything is filed.
KRS § 426.500 governs execution-sale surplus, paying an excess cash price to the defendant owner or using a bond payable to that owner in a credit sale. Mortgage foreclosure also requires the court judgment and master commissioner's accounting, and § 426.500 sets no special surplus deadline. KRS § 426.530 gives a six-month redemption right when the price is below two-thirds of appraisal. That right concerns reacquiring the property, not claiming surplus.