Terminated when working on H1B receipt - H4 conversion


Tpnaik

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Hi there,

Here is my situation, any guidance would be greatly appreciated.

1. I lost my job today due to a lay off

2. I was working on H1B extension receipt (H1B/I94 expired on 12/31/2019) Employer may revoke the petition soon due to termination

3. I have an approved I- 140 (EB1C)

3. Spouse's H1B extension is in progress (expired on 12/31/2019). She is currently working on visa receipt

Wondering what are the options that I have to legally stay in US. Per my understanding I am out of status since the employment is terminated and the 194 was expired few days ago.

Can I immediately file the H4 COS petition using my wife's visa and continue in US until I get another job? Or do I need to leave the country immediately?

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