The 'counter notification submitted' image James posted above states that if the counter claim is accepted, it is sent to the claimant for review.

They will request a payoff from any claimants. 

That is some miracle by a newbie success claimant!

The second issue is a liability as, in theory, the LLC provides a layer of protection in that the potential claimant can't penetrate into your personal assets; the LLC would simply file bankruptcy, and that would be it.

Since both result in the likely absence of any other potential claimant from expressing an interest in the surplus.  

Main Party (Executor/Executrix/Administrator/Claimant/Petitioner/Heir/etc.)

If the owner doesn't have their own policy then they cover the deductible and the master policy kicks in after that.There's many different ways to look at it, but it seems reasonable that the benefiting party, the claimant, would cover the deductible. 

Claimants who receivedsettlement may not claim again and no additional replacement floors will be supplied.x Alternatively, a refund of up to 100% of the original cost of the material (the percentage of the originalcost refundable depends on the amount of time elapsed since the date of purchase: within 1-2 years -100%; within 3-5 years - 70%; within 5-20 years 50%.x No representative, employee, or agent of STAINMASTER™, Lowe’s or their affiliates are authorized tomodify or change the limited warranty as stated here in.Warranty Limitations:x This warranty is not transferablex Manufacturing defect must be reported within 3 months from the date of purchasex This warranty covers only properly installed and maintained floors, according to the instructions on thepackage.x This product is sold as a Do-It-Yourself (D.I.Y.) product and therefore professional labor costs forresidential installations are not covered under this warranty.x The manufacturer excludes and will not pay for any consequential or incidental damages under this limitedwarranty.x The manufacturer will not pay for the loss of time, inconvenience or other incidental expenses incurredduring the installation and the subsequent removal and/or reinstallation of affected material.x This warranty does not cover the exclusions indicated on the package.x The manufacturer reserves the right of final judgement and may refuse claims in certain instances.x The manufacturer reserves the right to modify or withdraw the warranty at any time.x The manufacturer reserves the right to inspect any flooring claimed to be defective in the installedenvironment, either by a company representative or independent 3rd-party inspection service.This warranty does not include the following:x Improper installation or product not installed according to Novalis installation guidelines and accepted industrystandards.x Flooring installed in areas not suitable for solid vinyl plank or tile.x Lack of maintenance or improper maintenance such as dulling by soaps, detergents, harsh chemicals, dressings,one-step cleaners or wax.x Damaged by narrow tipped heels, vacuum cleaners, burns, cuts, scratches, gouges and indentations caused byrolling loads, caster wheels, furniture and chairs without proper floor protectors and furniture rests and cuts bysharp objects.x Damages caused by burns, flooding, fires and other disasters.x Staining or changes in color caused by dyes tracked from carpet, fertilizers, coal, tar, driveway sealers, oildrippings or other similar materials; faded or discolored by sunlight or heat generationx Stains, fading, discoloration or moisture problems due to use of rubber or rubber-backed mats.x Problems or damage due to moisture and/or alkalinity in sub floor; discoloration or bond release fromhydrostatic pressure or excessive moisture caused by flooding, plumbing and appliance leaks and water leakagefrom doors.x Mold and mildew growth caused by excessive moisture.x Installed over unstable, unsuitable, or improperly prepared sub floors, wet/cold floor and/or radiant-heatedfloor in excess of 85⁰F.x Different from samples or printed material in shade, color or embossing.

There is a ton of research that must be done and a lot of negotiating with the claimants old creditors in order to get your hands on the money.

When you have liens on a short sale it is like found money if you can get the claimants to settle for less.Good luck!