Some examples of good reasons include:* Evidence that the borrower obtained the HELOC fraudulently* A documented poor repayment history* A decline in the value of the property used to secure the loanIf you were relying on the line of credit as your primary source of funds, and the line gets frozen, you may need access to other funds to finish your rehab project. 

Check your local laws, CLOSELY, but I would consider 5 degrees/no heat an emergency, and would take ALL measures necessary, with witnesses, to protect my property. this would include draining the waterlines and entering the unit to blow the lines down if they are not frozen already, and putting antifreeze in the toilets.

One of my protégés had some items frozen together.  

., investors were having there lines frozen). 

Leaving your equity in a "frozen" state, is losing you money.Now, if your sold that property, and used the now "liquid" equity as a DP on another property (or more than one), you are now back to a 5 to one ratio of PV to cost, which means that $40k is now worth $200k in PV...not $120k, like it would be left as is. 

Many MTR tenants work long or late hours and rely on convenient meals- leftovers, frozen foods, etc.

I spent about 300 and he saved me $1,200 per year which was frozen for 3 years. 

Regardless, the industry, unlike when I started lending, has matured and these companies now seem to have procedures and accounting in place to create a much better service than what seems like a decade ago when my account wasn't frozen.

It is February though and the losses you will face from frozen pipes are much higher than getting stuck with a gas bill. 

Lots of good information here -- just remember that during last housing crash, a lot of HELOCS got frozen, useless to those who counted on them or actually harmful to those who had a big balance and had to keep paying it monthly without getting to use it as they planned.