When my wife lost her job last year, the income reduction left us perilously close to home foreclose. In a last-ditch attempt to stave it off, I contacted AIG to cash out my Sun America annuity February 27 thus beginning a pattern of call-and-stall which I can only conclude was deliberate and methodical. The AIG representative did send me the form I requested which I immediately filled out, had notarized and faxed to the number given before noon that Friday. Three hours later I tried calling for confirmation (I had been asked for a PIN which had not been requested before after frantically searching my records for any sign of a PIN, I called another AIG number only to find out that the four-digit PIN was merely the last four numbers of my SSN so I called the original number initiating a the next in a series of 20-30 min. holds). I finally spoke with a representative who said she had no way of knowing if the company received my fax and it might be as long as 48 hours before that could be ascertained. Nearly 48 hours later (that Friday) I found another open half-hour and called to see if they had indeed received my request. They hadn’t. I took off from work the following Monday, calling again (the extension number I had been given to expedite my call hung up on me three times-I reverted to the original number which resulted in an additional 20-min hold) only to find out I had submitted the wrong form, and that the correct one would be mailed to me. I was also told that it could be downloaded from their site and was given a form number. Possessing reasonably competent Internet skills, I located the AIG site and search engine, entered the form number given only to be told there was no such form available. Using common sense, I located two forms that appeared to request annuity account liquidation, (one called ERISA and the other non-ERISA). Just to be certain, I sacrificed another half-hour to confirm I indeed had the right form and filled out correctly. I recited the information I had written line-by-line to the representative and asked directly if there was anything else I needed to fax. He said that since I had already sent the notarization, the form I was sending would be sufficient to release the funds. I finally faxed this document at 11 a.m., calling back near 5 (only 10-min. hold this time!) to find out if the fax had been received. Again, the canned response to my increasingly irritable challenge was that it may be as long as 48 hours before they could even ascertain whether the form had been received. I took off that Wednesday, calling ion the morning only to find out that I had not submitted documentation proving the necessity of obtaining these funds. I asked if “Notice of Default” would be sufficient and was told it would. Again, I promptly submitted the required form, calling in the next day to see if it had been received. I was told that it had been received and that to expect another 5-7 working days before the request could be processed. So nearly three weeks after the initial request and my mortgage default hanging in the balance (Texas law permits foreclosure proceedings to begin only 20 days after notification of default) I can only wait and beg the mortgage company to have patience while AIG holds the money I’ve paid them, taking full advantage of the time value of this insignificant (to them, not me) amount.