Hypothetical scenario:
1. Employed under H1B with L/C filed
2. The company goes out of business BUT the legal entity remains
3. The company does not officially lay you off AND continues to pay you a nominal salary to show that you are on the payroll; the company does this until you find a new job
4. This nominal salary is significantly less than what was indicated in the H1B and L/C petition
5. You find a new job in six months after the company goes out of business
Questions:
1. Are you out of status during the six months when you are looking for a job?
2. If yes, and you can't find a job immediately after the company goes bust, what options exist besides going back to your home country?
Many thanks.
1. Employed under H1B with L/C filed
2. The company goes out of business BUT the legal entity remains
3. The company does not officially lay you off AND continues to pay you a nominal salary to show that you are on the payroll; the company does this until you find a new job
4. This nominal salary is significantly less than what was indicated in the H1B and L/C petition
5. You find a new job in six months after the company goes out of business
Questions:
1. Are you out of status during the six months when you are looking for a job?
2. If yes, and you can't find a job immediately after the company goes bust, what options exist besides going back to your home country?
Many thanks.