I 864?

[bahar 4]

Hello ,

I am a new member and like to thank everyone for their time and informations. I was wondering if you can tell me how I can use my joint sponsor car as his asset ,they have a transportation company and they have more than one car .

[Darnell 8,478]

they get an appraisal from a licensed appraiser - per car.

[bahar 4]

Thank you .

[bahar 4]

Hello,

I have to send in the i 864 and I have a co-sponser which is my brother and he is a self employed and his income is not enough he is going to put his cars in as an asset , can I send a copy of the registration, if not what do I have to do.

Thank you in advance for your information.

[aaron2020 11,651]

Hi,

You mentioned cars, so there is more than one. He can not use one car as an asset for the I-864. He can use the other cars as assets on the I-864. So, one car must be excluded.

The cars listed on the I-864 must be in working conditions. Cars that are dead cannot be used. The current registrations are perfect to prove that are in working conditions.

You can use Kelley Blue Book values. You can only use the equity in the cars. You must subtract out any loans on the cars (i.e., KBB value is $4000 and loan is $3000, then only $1000 can be used as an asset).

Edited June 13, 2014 by aaron2020

[Birdo 16]

I'm not sure Cars qualify as assets - especially if they are his everyday drive to work etc. cars? Those are not typically items that can be sold to provide financial support since they are needed in everyday operations and to get to work to provide the income.

[aaron2020 11,651]

I'm not sure Cars qualify as assets - especially if they are his everyday drive to work etc. cars? Those are not typically items that can be sold to provide financial support since they are needed in everyday operations and to get to work to provide the income.

A person only needs one car to get to work. That is why one car can not be used for the I-864.

His 2nd, 3rd, 4th, 5th, etc. cars can be used as assets on the I-864.

[bahar 4]

Thank you for your reply , he has five cars and he has a transportation company.

[aaron2020 11,651]

Thank you for your reply , he has five cars and he has a transportation company.

As long as the cars are registered to him personally, he can use them. If they are registered to his company, then he can not use them.

[NikLR 13,227]

He would need to have the cars appraised and if he has a lien on them then the appraisal value minus the lien.

Unless he owns them 100% then it's just the appraised value.

but again, like aaron mentioned, they also need to be registered to him.

[bahar 4]

He would need to have the cars appraised and if he has a lien on them then the appraisal value minus the lien.

Unless he owns them 100% then it's just the appraised value.

but again, like aaron mentioned, they also need to be registered to him.

He would need to have the cars appraised and if he has a lien on them then the appraisal value minus the lien.

Unless he owns them 100% then it's just the appraised value.

but again, like aaron mentioned, they also need to be registered to him.

[rbacon 1]

Using assets, even real estate, to substitute for income, is an uphill battle and may easily be disallowed by the NVC (or USCIS if submitting to that agency for Adjustment).

--Ray B

Hello,
I have to send in the i 864 and I have a co-sponser which is my brother and he is a self employed and his income is not enough he is going to put his cars in as an asset , can I send a copy of the registration, if not what do I have to do.
Thank you in advance for your information.

[NigeriaorBust 4,087]

If he owns the transport company that is an asset and probably a more usable/valuable one

[bahar 4]

Hi all , I need some advice today I found out that i need to have surgery on my hand and because I use a wheelchair for my mobility it will be very difficult for me after my operation so I was thinking to request an expedite on my case which is now at nvc and waiting for approval on my I 864 since June 23!!! Thank you in advance for your help .

[Ryan H 3,812]

This in of itself is unlikely to meet the expedite criteria, you would have to show how this is a hardship to the point that it's necessary that your spouse be here sooner.

I'm not saying don't make the request, there is nothing stopping you from doing so. Just don't be surprised if your request is denied.