I-134 Banking question

[Delane70 0]

Just wondering how much they are looking for to have int the bank account.

My problem is that 2 years ago I had to take a 50% pay cut then we all ended up layed off

after buying a house. Then made two trips to philippines. Now back in to the real job market but my savings account is not a happy place.

Guess my question is how much total are they looking for???

Thanks in adavance

[raymaga 25]

The balance of your bank accounts is not an issue. As long as you get a letter from your bank stating when you opened the account, the total amount of deposits for the last 12 months, and the current balance, that is all that is necessary.

They are more concerned that you meet the Poverty Guidelines.

[Yodrak 7]

Delane70,

They're not looking for any specific amount, and you don't need to provide your bank account information if you don't want to.

If you feel that you need to report your bank account information, perhaps because your income situation is marginal, then to be of any value you will need enough money in the bank (or invested in other assets that you can quickly turn into cash) to supplement or replace the income as the case may be. It's a rather subjective determination.

Yodrak

Just wondering how much they are looking for to have int the bank account.

My problem is that 2 years ago I had to take a 50% pay cut then we all ended up layed off

after buying a house. Then made two trips to philippines. Now back in to the real job market but my savings account is not a happy place.

Guess my question is how much total are they looking for???

Thanks in adavance

[Delane70 0]

Thanks...I am well above the poverty line (60+) but only for the last 6 months been at this income. so should the bank info be added? Can add my house but not sure what papers they will want to see.

Sorry for all the questions..her interview is coming up Aug 10.

[Yodrak 7]

Delane,

Some questions to ask and answer yourself, then make your own decision:

- How long can I live off the money in my bank account - a week? a month? 6 months?

- What did your employment situation look like prior to the last 6 months? 'Couldn't hold a job' has significantly different implications than 'I was getting my college degree'. (Your situation seems to be somewhere in between - so ask yourself if your new position is relatively 'safe' and with a strong company as compared to before, and make the point if it will be in your favor.)

Yodrak

Thanks...I am well above the poverty line (60+) but only for the last 6 months been at this income. so should the bank info be added? ......

Edited July 10, 2006 by Yodrak

[Delane70 0]

Delane,

Some questions to ask and answer yourself, then make your own decision:

- How long can I live off the money in my bank account - a week? a month? 6 months?

- What did your employment situation look like prior to the last 6 months? 'Couldn't hold a job' has significantly different implications than 'I was getting my college degree'. (Your situation seems to be somewhere in between - so ask yourself if your new position is relatively 'safe' and with a strong company as compared to before, and make the point if it will be in your favor.)

Yodrak

Thanks...I am well above the poverty line (60+) but only for the last 6 months been at this income. so should the bank info be added? ......

Very good questions. As for whats in the savings account could not live to long. AS for my work the past 5 years worked for Ford as an engineer for 3.5 years till they said we need to down size from went to a hot rod shop doing tech and selling parts followed by Biomedical engineering for a really cool compeny but the onwer had a accident that made the compeny go away. Now I am at one of the largers suppliers to the automotive world. We are also very busy even that most others are slowing down. So my postion is fairly safe and never was not able to make my payments on the house,cars, and toys.

Delane,

Some questions to ask and answer yourself, then make your own decision:

- How long can I live off the money in my bank account - a week? a month? 6 months?

- What did your employment situation look like prior to the last 6 months? 'Couldn't hold a job' has significantly different implications than 'I was getting my college degree'. (Your situation seems to be somewhere in between - so ask yourself if your new position is relatively 'safe' and with a strong company as compared to before, and make the point if it will be in your favor.)

Yodrak

Thanks...I am well above the poverty line (60+) but only for the last 6 months been at this income. so should the bank info be added? ......

Very good questions. As for whats in the savings account could not live to long. AS for my work the past 5 years worked for Ford as an engineer for 3.5 years till they said we need to down size from went to a hot rod shop doing tech and selling parts followed by Biomedical engineering for a really cool compeny but the onwer had a accident that made the compeny go away. Now I am at one of the largers suppliers to the automotive world. We are also very busy even that most others are slowing down. So my postion is fairly safe and never was not able to make my payments on the house,cars, and toys.