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Need to go back before obtaining H1b visa

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  • Need to go back before obtaining H1b visa

    Hi everyone! I hope someone could help me..

    I am currently on a J1 visa status, and my current employer extended their interest to sponsor me a work visa.

    Heres my situation:

    My J1 visa will end on August 2014 I don't want to go back in my country yet but i have to because I have a contract with my agency back home that I need to go back after my program or else i have to pay them $25,000 for breach of contract. Can someone advice me what to do?

    Q1: should I file an H1b visa now while still in US Or wait until I go back in my country and filed it there?
    Q2: what is H1b visa consular processing?

    Thank you!

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