Does it matter if I pay for my own bond?.
Mar 4th 2003, 8:50 am
#1
BE Enthusiast
Thread Starter
Joined: Sep 2002
Location: Mornington, Melbourne
Posts: 419
Does it matter if I pay for my own bond?.
Hi All,
My cousin is sponsoring and assuring us. I offered to put the money up for the bond. Is that legal, though it will be held in his name?.
thanks in advance.
65KK
My cousin is sponsoring and assuring us. I offered to put the money up for the bond. Is that legal, though it will be held in his name?.
thanks in advance.
65KK
Mar 4th 2003, 10:16 am
#2
Look at me kimmie
Joined: Feb 2003
Location: Land down under
Posts: 446
My uncle is doing the same for us and we will just telephone transfer some money into his account so he can do it, I don't think they care where the money is coming from as long as they get it, but obviously this is not legal advice just what we are gonna do, I don't think you need to worry about this at all but somebody else may know different.
Mar 4th 2003, 2:31 pm
#3
Forum Regular
Joined: Aug 2001
Location: Mandurah WA
Posts: 176
I am not a professional either, but we too did this. I believe, as long as it APPEARS to be coming from your sponsor that is all that matters!
Sarah
Sarah
Mar 4th 2003, 3:22 pm
#4
BE Enthusiast
Thread Starter
Joined: Sep 2002
Location: Mornington, Melbourne
Posts: 419
Thanks guys - put my mind at rest.
cheers,
65KK
cheers,
65KK
Mar 6th 2003, 11:13 am
#5
Guest
Posts: n/a
Re: Does it matter if I pay for my own bond?.
Yes, it's legal. They don't care where the money comes from.
However:
- if you did claim welfare (difficult in the first 2 years) and the
bond was not enough, Centrelink could chase your cousin for the
excess.
- the bond will be refunded to your cousin, and it's up to him to give
it back to you or not.
Jeremy
>On Tue, 04 Mar 2003 09:50:32 +0000, 65 million wrote:
>Hi All,
>My cousin is sponsoring and assuring us. I offered to put the money up
>for the bond. Is that legal, though it will be held in his name?.
>thanks in advance.
>65KK
>--
>Posted via http://britishexpats.com
This is not intended to be legal advice in any jurisdiction
However:
- if you did claim welfare (difficult in the first 2 years) and the
bond was not enough, Centrelink could chase your cousin for the
excess.
- the bond will be refunded to your cousin, and it's up to him to give
it back to you or not.
Jeremy
>On Tue, 04 Mar 2003 09:50:32 +0000, 65 million wrote:
>Hi All,
>My cousin is sponsoring and assuring us. I offered to put the money up
>for the bond. Is that legal, though it will be held in his name?.
>thanks in advance.
>65KK
>--
>Posted via http://britishexpats.com
This is not intended to be legal advice in any jurisdiction
