thread: money still tied up with the global finacial crisis..

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  1. #1
    BellyBelly Life Subscriber

    Feb 2006
    melbourne
    11,462

    Angry 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.

  2. #2
    2014 BellyBelly RAK Recipient.

    Oct 2007
    Outer South East Melbourne :)
    4,346

    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

  3. #3

    Nov 2007
    Earth
    4,434

    Who's holding up your money?! I'm obviously not rich enough - we don't have any money either, but thats coz I spend too much!

  4. #4
    BellyBelly Life Subscriber

    Feb 2006
    melbourne
    11,462

    its a pain hey negrita!

    berenice AXA is holding it

  5. #5
    2014 BellyBelly RAK Recipient.

    Oct 2007
    Outer South East Melbourne :)
    4,346

    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!!

  6. #6
    Registered User

    Nov 2004
    Chasing Daylight...
    2,034

    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.