Australia's leading provider of affordable DIY legal kits
Call our Customer Care Specialists on 1300 728 200

Legal Forum

Welcome to the FREE AussieLegal Forum

This FREE legal forum is supported by participating lawfirms in your local area.
The information contained in this public forum, and any comments made by the administrators, it's appointed mediators, or members of the public are of a general nature and may not be regarded as financial or legal advice in any way. We recommend that you seek formal advice from a practicing solicitor or licensed financial advisor regarding your particular situation. By registering to use this forum you meet the above criteria and agree to abide by all of the above rules and policies.

To be sure we provide you with the most relevant information to your state, please let us know which state you your legal matter resides in:


AussieLegal recommends this law firm:

  FAQ FAQ  Forum Search   Register Register  Login Login

Lost money

 Post Reply Post Reply
  Topic Search Topic Search  Topic Options Topic Options
Glenn View Drop Down

Joined: 19/October/2016
Location: Australia
Posts: 1
  Quote Glenn Quote  Post ReplyReply Direct Link To This Post Topic: Lost money
    Posted: 19/October/2016 at 16:20
Hi there, i have had a company contact me telling me they have found some money that had been lost. They said they would only tell me what it was if i signed an agreement for them to take 20% of the earnings. I signed an emailed document & faxed it to them. It turned out to be shares from a life unsurance policy which I had & closed a few years ago & gave me shares from the close. They sent me paperwork for my to sign & send back for them to retrieve the money, i havent done so as yet! This is my money, should i be held responsible to pay them? Cheers, Glenn

citizen-joe View Drop Down
Senior Member
Senior Member

Joined: 09/October/2005
Location: Australia
Posts: 759
  Quote citizen-joe Quote  Post ReplyReply Direct Link To This Post Posted: 24/October/2016 at 00:36
If you signed an agreement with them you are legally bound to pay them the commission that you agreed to. However If you are unable to find any of the details/documents they request so they can complete the application to the insurance company, they will advise you that they cannot proceed with the application.

Once you have that advice from them, and should you subsequently find the documents, nothing to stop you applying directly to the insurance company at some later date.

Edited by citizen-joe - 24/October/2016 at 00:37

 Post Reply Post Reply

Forum Jump Forum Permissions View Drop Down

Want to save money?

Check out our list of do-it-yourself legal kits.

Need formal advice?

Let us help you find a lawyer who specializes in your particular area of law.

Need further information?

Visit our legal forum where you can ask questions and search for similar topics.