180 Day Paypal Funds

[MM78]

So I wanted to ask a lawyer about Paypals 180 Day holds that don't get released, here is how it went. Hope this helps.

Me:
According to PayPal, after 180 days past the initial Permanent limitation the money still inside the Paypal may be withdrawn freely. It's been 200 days now and PayPal still is holding my money. Is there a letter I can send PayPal to get them to release my money?

Lawyer:
You need to send a demand letter for the money or have a CA attorney write one for you.

Me:
Thank You for your prompt answer. What would be a typical cost of such letter? Also, does the letter need to be notarized?

Lawyer:
About $100.00. No not notarized but it should be sent certified/return receipt requested. Then if they do not pay, you will have to file an action -- which, depending on the sum, may be done in small claims court so as to keep your costs down.

[zexaah]

this is true.

[jeffweico]

That sounds about right. When you pay the attorney to do the letter, it is not just their time that you are paying for, it also shows that you are SERIOUS about the matter.

[Rano]

And what is the Reason PayPal hold your funds for over 180 days? What they say?

[123]

That's good to know, though Ive never had an issue with paypal not sending the money, but amazon on the other hand thats a different story

[webcreator]

Better idea is you should contact Paypal...

[rsot]

Originally Posted by webcreator

Better idea is you should contact Paypal...

Contacting PP has it's own risks - get hit up for ID or other proof