Extension if unable to find job in 60 days

[amarjain77]

Hello,
*** I understand there is a grace period of 60 days in which a H1B holder can find a new job if he is fired. I have property and belongings here which needs to be disposed off before going back to India. If I can't find a job in 60 days can I get an extension to settle my business here before going back. Or else will it permanently make ineligible to come back to USA in case I have to overstay

[newacct]

You can try to apply for a change of status to B2.

[amarjain77]

then if I find a new employer can I convert my B2 back to my previous H1B or do I come under quota?

[newacct]

then if I find a new employer can I convert my B2 back to my previous H1B

yes