YES!!!!
Frozen Equity is value or money of the shares issued by a company that is frozen, and you would not have access to the value or funds ..
No, "pending" typically means that a transaction has been initiated but not yet completed or fully processed. The funds may be temporarily held or reserved, but they are not officially deducted from your account until the transaction is finalized. Once the transaction is completed, the status will change from pending to completed, and the funds will be deducted.
File a lawsuit against the executor for not following the law.
Another way to say "until the money is available" is "pending the availability of funds." You could also say "awaiting funds" or "until funds are secured."
Lawsuit financing works in the way that funds are provided for lawsuits to those that do not have the means to pay for it. Usually the case will proceed and the financing can be paid off in installments.
I don't think so. Banks will not accept any credit or debit transactions on a frozen or blocked account. However they can track the source of the funds that are being sent into a frozen account and inform the law enforcement authorities so that they can take appropriate action
Yes, an escrow account can be garnished in a lawsuit, but it depends on the specific circumstances and the nature of the funds held in the account. If the funds are determined to be subject to the plaintiff's claim, a court may allow garnishment. However, if the funds are held in trust or are otherwise protected from creditors, they may be exempt from garnishment. It's essential to consult legal counsel for specific situations.
It means that payment has been initiated, but the transaction isn't finalized.
Payments can fail for several different reasons: the account has insufficient funds, the check is not signed, the check is stale dated, a stop payment has been ordered or, the account has been frozen as a result of a lawsuit of some kind. Your bank will tell you what is going on if you ask them.
Pending means, that the payment instrument that you deposited in your bank is awaiting clearing. Meaning it is being sent back to the issuing bank and funds would then be cleared from the issuing bank to your bank account.
Yes, if you can show the court "just cause" for the funds in the account to be frozen.
If a person is suspected to be guilty of fraud or embezzlement, the court can order that his/her bank accounts or investment portfolion becomes 'frozen', i.e. the owner cannot withdraw the funds from that account. Frozen bank accounts may remain so until the owner satisfies certain conditions defined by the court or regulatory authorities. In another example of frozen investments, a number of individual and institutional investors who had invested funds into securities before the 2009 market crash found that their investments were 'frozen' as the securities did not attract the requisite values in auctions. This means that they no longer have access to the funds that belong to them.