Can note receivables be used as current assets for i864?

can i use account receivables as current assets to meet my income requirements

West Orange, NJ -

Attorney Answers (3)

Alexander Joseph Segal

Alexander Joseph Segal

Immigration Attorney - New York, NY
Answered

Maybe. Depends on the account and the receivables.

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Giacomo Jacques Behar

Giacomo Jacques Behar

Immigration Attorney - San Diego, CA
Answered

Perhaps, but only if those are classified as short-term receivables that one can convert into cash in a year or less. (Current asset = one that can readily be converted into cash if need be, in one year or less.)

Behar Intl. Counsel 619.234.5962 Kindly be advised that the answer above is only general in nature cannot be... more
Eric M. Mark

Eric M. Mark

Immigration Attorney - Newark, NJ
Answered

Maybe. Depends on the receivables, the accounts, the duration and the ownership of the business. If you're going down this road, work with a lawyer.

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