Posts: 81
Registered: ‎11-05-2008

What does disburse monies or funds mean with a property in foreclosure?


I don't know if this is the right place to ask this question so feel free to move it.  The building I'm currently living in is in foreclosure.  The landlord didn't tell us anything about it, we found out from someone in the other building he owns.  I went online to see what was going on in court with the building and I saw some notes that said disburse monies or funds and the court date is set for December 12, 2012.  Does anyone know what that means?

Community Leader
Senior Contributor
Posts: 4,086
Registered: ‎03-06-2010

Re: What does disburse monies or funds mean with a property in foreclosure?

What exactly was the document you looked at? It is hard to tell from your description. You should be able to go right into the public records to see the whole case and if not you can always go to and sign up for an account and download the case file. All you need is a case number or even a name and the district where the case is filed. It costs 10 cents per page but anyone can sign up for it.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+