Bankruptcy and Immigration

As a nation of immigrants, the United States has millions of resident aliens who are living and working peacefully within its borders. Many of these immigrants choose to naturalize, but those who have not can live and work like citizens. They’re required to pay income taxes, the same as citizens. In return they receive many of the same benefits as citizens, including Social Security. And just like citizens, financial hardship can drive permanent residents towards bankruptcy.

As a legal permanent resident of the United States, you are able to file for bankruptcy protection. Many immigrants who are facing financial hardship are not familiar with the bankruptcy procedures in America. Many also worry that filing for bankruptcy will affect their residency status. A lawyer can help you answer many of these questions, but typically bankruptcy will not affect your status.

Bankruptcy protection also applies to businesses. Millions of immigrant families come to the United States to start their own businesses. But small businesses can suffer from changes in the economy, causing all too many small business owners to file for bankruptcy. By filing for bankruptcy, small business owners of all backgrounds can protect their livelihood in the long term and help keep their business afloat.

Contact Us

If you, your spouse, or someone you care for is a legal permanent resident of the United States facing hard times, a bankruptcy lawyer can help you create a credit repair plan. By working with the experienced Boca Raton bankruptcy lawyers of Eric N. Klein & Associates, you can get your debt under control. To discuss your case with a lawyer, contact us today at 561-353-2800.