Can I use my car as an asset on the I-864, if I am making payments to a bank in which I have a loan for the vehicle?
When I originally filled out the I-864 months ago I was employed full time. Right now I am unemployed, I have a family member who lives with me adding this income to my child support to meet the financial requirements. I have an appointment w/ Immigration on 9/4/13, in which I will be submitting a new I-864 & an I-864a. I was wondering if I can add the car to the I-864 to put us way over the poverty line?
Your car is a depreciating asset, so it will be worth less by the time the case is concluded.
If your income is insufficient, the best way to ensure that the petition will be approved is if you have a co-sponsor who can assist you.
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It is still an asset if you have a substantial amount of equity in the car. But I agree with my colleague, you should find a joint sponsor if you cannot meet the affidavit of support requirements with your income.
Law Office of Brian H. Lee, San Jose, California, 408.246.6710 This is general information, not legal advice. This does not establish any attorney client relationship.
Best to find a co-sponsor. Any asset you try to have taken into account must worth be 5 times the missing amount for the affidavit.
Behar Intl. Counsel 619.234.5962 Kindly be advised that the answer above is only general in nature cannot be construed as legal advice, given that not enough facts are known. It is your responsibility to retain a lawyer to analyze the facts specific to your particular situation in order to give you specific advice. Specific answers will require cognizance of all pertinent facts about your case. Any answers offered on Avvo are of a general nature only, and are not meant to create an attorney-client relationship.
A much better way to make sure you clear that financial hurdle is to find a Co-Sponsor for your case.
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