money still tied up with the global finacial crisis..
who else has funds tied up its gettting annoying now we still cannot access OUR money..grrrrr we need to get our air con replaced and our saving are unable to be made available to us due the the GFC of what.... 2008! we can for extreme hardship which this obviously isnt.
anyone else unable to access money??
Last edited by Olive; January 21st, 2010 at 06:19 PM.
my situation is a bit different - my dad passed away Jan last year and he had funds tied up in various things, but his solicitor/executor has advised that the funds for death benefit won't be able to be paid to us until they are released by the government/funds groups.....not that we need the money but yeah, just wanted to say that we are in a similar situation
yeah, for us, i just want it all settled so i can properly move on from dads passing - we get a chq in the mail every 4 months or so saying the same thing "pls find enclosed amount of xxx from the deceased estate of xxxx - this is not the complete and final payment and due to the GFC death benefits are unable to be paid in full as is normal protocol - These monies will continue to be forwarded to you as they become available from the funds" - i just want to move on!!
not me, but friends of mine invested their entire house sale proceeds for 12 months with a reputable investment house, and were told early last year their funds were frozen and they may or may not receive any back.... this has since improved to they may receive 30c in the $ back. They have yet to see any of it.
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