usually they provide some ways to verify your account like sending copy of bank account or passport etc. you will have to fax these to paypal given number. once this is done they will remove the limited access. I once had this issue with lot of money in paypal and was frightened but once I send the bank account statement, it was solved. Actually, limiting of accounts is done whenever they feel your account is being hijacked. (don t know how they do it, for me it was when I moved to different place and my IP address changed). so it is really a safety measure but it is sometime irritating to users..
It sounds like it s a new PayPal account. All of the terms and conditions are listed - and you agreed to them - when you set up your account, so a lawyer won t be able to help you. Log onto your account and actually read the Terms of Service that you probably just skipped over when you opened your account...therein lies your answers.If the buyers have paid for the item, you are required to send them whether or not you have access to the funds. The buyers have paid and the funds are there - PayPal will release the funds to you when your holding period is up. You have no reason not to send the items and can be penalized if you don t. I suggest you read eBay s TOS also.
You have signed away your rights when you accepted the Paypal user agreement; and further still when you listed this particular item, you were informed that funds may be held for 21 days- again you agreed before you listed. If you are selling then you need to have a surplus amount of cash that you use for posting, You cannot be saying you would make your Buyers wait for 4-7 days before money is withdrawn from Paypal to your Bank in order for you to post?
You have to be careful, as mentioned about reading the terms and conditions. Not sure if its worth using a lawyer for this or not going forward you want to make sure you are prepared. The resource listed below may help. good luckMichelle
Are you really going to spend $5,000 on a lawyer for a pay-pal issue?????
