Many clients are worried that filing for bankruptcy will affect their immigration status. Bankruptcy does NOT affect immigration status.
Every American has a right to file for bankruptcy. That right is enshrined in the Constitution of the United States. America is a country dedicated to giving people a “fresh start.” A basic American value is our belief that during bad times we need to help each other. We give people a second chance. Many early immigrants to America from England were escaping English laws that threw debtors into debtor prisons. Our founders rejected that kind of harsh thinking and embraced the idea that everyone needs help – especially financial help – sometimes.
Filing bankruptcy does not affect getting a green card, residency, sponsorship or becoming a citizen.