Your account is still open and active, and you can still use your email, Skype, OneDrive and devices as usual. During this time, we cannot accept further changes or additions to security settings or billing info.
If you request removal of all security info in your account, the info doesn’t actually change for 30 days. If you do need to replace your security info, make sure you add new info first. someone else has access to your old mailbox).
You don't need to remove old security info unless there is an account security risk (e.g.