Now Wells Fargo has frozen the closing until they can get an inspector to check for damage.

Pipes could be frozen and broken.

They’re currently frozen. 

In some cases you can keep the corporation active and operate a "frozen" plan. 

If the water main is broken or frozen (happened to me), you’ll have to have the city or the village shut it off from the street.

I had talked to them myself they had offices in PHX  and I had a complicated model I was doing at the time it was 2010 capital was frozen.. and they were just too quick to approve me all I had to do was send in the 10k to get to the next level..

If you want a deal, you will need to buy and rehab, you will need to buy what others cant, Personally I love houses that have frozen and burst plumbing, or carpets torn out, or even better they are selling without interior access, thats all money to me, but not advisable to a beginner. best of luck.   

The driveway is probably a 16% grade and faces north, and it definitely ices over and stays frozen if it's not cleared right away.

In the last recession, did any of you guys have a 1st lien equity line of credit that was frozen due to the credit tightening from the banks?

An HR Dept or plan administrator should be able to advise you.The co may be planning to terminate the plan entirely since a frozen plan still has costs attached.