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Wednesday, April 27, 2011

Student Loan Debt is Out of Control!

Student loan debt in the U.S. is a growing problem, with college students graduating with an average debt load of nearly $20,000 as of 2006.  In my last post, I pointed out a recent opinion suggesting a bankruptcy approach that might help students with these loans, even though the debts are nearly always nondischargeable.  Comments to this post suggested that there is an underlying problem in the way U.S. bankruptcy law treats student loan debt.  The comments are right: this treatment of student loans is very difficult to understand.
In last weekend’s debt symposium at the University of Illinois, Heidi Hurd presented a draft paper discussing the theoretical underpinnings of discharging debt.  She noted that the dominant explanation for discharge  is “utilitarian”—holding that discharge promotes the overall good of society by encouraging individuals burdened by debt to engage in productive activity that they would otherwise forgo, since it would only benefit their creditors.  Professor Hurd also pointed out two problems with this rationale: it allows people who may be culpable in incurring debt to escape responsibility, and it imposes losses on individual creditors who may not be able to afford them.
The discussion following Professor Hurd’s presentation noted that U.S. bankruptcy law can be seen as mitigating these problems with utilitarianism.  Some exceptions to discharge—e.g., for fraud or intentional injury—punish wrongful conduct in incurring debt.  Others—e.g., for domestic support obligations—assure payment to creditors who may be in particular need.  Priority of payment in bankruptcy similarly protects needy creditors.  These considerations certainly help rationalize the U.S. bankruptcy  system.
The treatment of student loans, however, can’t be explained using this modified-utilitarian rationale.  Student loans are generally incurred in good faith; indeed, they are encouraged as wise investments.  And providers of student loans are not in particular need of repayment; they can easily spread their risks either to other student borrowers (through higher fees and interest) or to society at large (through government subsidies).  Moreover, if it were thought that repayment of student loans was necessary for the lenders, some sort of priority, even if not a requirement of full payment in Chapter 13, would be expected.  But there is no such priority—which makes the treatment of this debt punitive, despite the absence of wrongful conduct by the debtor.
As originally enacted, the 1978 Bankruptcy Code provided that student loans could be discharged either if five years had passed from the time payment was first due or if the debtor provided for repayment during a three-to-five year Chapter 13 plan.  This provision could be supported by the sort of “needs-based” rationale that underlies the means test: an intuition that while students might not be able to repay their loans immediately after graduation, they would likely be able to do so a few years later.  But once student loans were made permanently nondischargeable, this rationale was lost.
If there is a way to explain current U.S. law on the dischargeability of student loans, it is not apparent.

Friday, April 22, 2011

How to Borrow Money with Bad Credit!

If you need some cash for a personal reason–such as medical bills or other debt you may be considering a Personal Loan. And they’re a good idea, since there are no restrictions on how you can use the money (unlike a car or mortgage). Although interest rates are higher than that of a Home Equity Loan or Home Equity Line of Credit,  are available to anyone–even those who don’t own their home.
Many people will tell you that in these tough times, banks and lending institutions have made it nearly impossible for individuals to get personal loans, That’s not true at all. While it’s true qualifications are stricter now, getting a loan can be tough or easy – depending on how well-prepared you are. But here’s the catch: you will need to prove you’re worth every cent you borrow. Here are some tips to help you out.
Choose Your Options Wisely
You can choose from two options in bad credit personal loans. First, you can opt for unsecured personal loans. Typically, you will have to pay higher interest rates because of the higher risks assumed by the creditor although you need not present any personal and/or real property as collateral.
Remember this is an emergency personal loan to fullfill an immediate and urgent requirement, for the lender it is a high risk unsecured loan so the charges will be in proportion to the level of risk and the amount of cash offered will be limited. If you need a longer term loan or more money you should be looking at alternative ways of borrowing.
Can you afford the interest?
This is a very important question that is often overlooked when people are considering which loan to apply for and how to use it. Spending the bank’s money seems so much easier than spending your own but the truth is you have to pay it back and not just what you have spent but interest on that money as well. Calculate on much money you have been approved for and if you can afford to pay the monthly interest but not only this, can you afford to pay the loan back as well?
Depending on your credit rating, you may be able to get personal loans on an unsecured basis. This means that you don’t have to put up any collateral, like your savings account, car or home in order to get the loan. Keep in mind that unsecured loans will typically carry a higher interest rate. If you cannot qualify for an unsecured loan, you can apply for a secured loan. This means you will have to pledge personal property as collateral. If you cannot qualify for an unsecured loan you may want to see if you can get a co-signor.
It is best if you get personal loans from online lenders for major emergencies only. If you need to get your car repaired so you can get to work, or get a major home repair done quickly, then consider an online personal advances. Remember, the interest rates and loan fees will likely be higher so use them carefully.

Sunday, April 17, 2011

Benchmark Lending Scams

BBB Warns of Internet Loan Scam
August 20, 2010 Southfield, MI- The Better Business Bureau Serving Eastern Michigan and the Upper Peninsula has received several complaints over the last few days from people across the country inquiring about a company identified as BENCHMARK FOUNDATION, allegedly located in Hartland, Michigan, and doing business online. Consumers are informing the BBB that they apply online then receive an approval notification for a secured loan anywhere from a few thousand dollars to $30,000.00. They are then asked to wire a down payment to Ontario, Canada in order to cover the first few monthly loan payments. Consumers complain that they are unable to contact BENCHMARK FOUNDATION after they have wired the money.
The Michigan Office of Financial & Insurance Services has informed the BBB that BENCHMARK Foundation is not an active Michigan corporation and that it does not have a valid license to provide lending and financial services in Michigan. The address provided is reportedly non-existent and the BBB report is being revised to reflect the BBB’s current investigation.
Recent BBB investigations reveal an increase in bogus loan brokers who are impersonating legitimate lenders. They make illegal use of the names, logos and/or addresses of reputable financial institutions or organizations that have no affiliation or connection with the fraudulent operation.
Signs that the “Lender” is a Scammer
  • Pressures you to act immediately.
  • “Guaranteed” loans, even if you have bad credit, no credit or a bankruptcy.
  • Refuses to provide its street address location.
  • Demands that you wire or send money before you have a loan offer confirmed in writing.
  • Written communications contain typos and grammatical errors.
  • When you telephone, no one is ever “in”; your calls are not returned, or the voicemail box is always “full.”

Saturday, April 16, 2011

Lawyers for Whiplash Injuries


Car crashes often result to various bodily injuries such as whiplash neck injury. Also known as neck sprain or neck strain, personal injury whiplash is an injury of the soft tissues of the neck caused by its sudden extension and flexion. This kind of injury is common in rear end accidents where the neck is rapidly jolted back and forth. It may also manifest in trip or slip and fall cases.
The sudden movement of the neck can cause some of its muscles and ligaments to stretch more than the usual. Severe whiplash injury can damage the spine or spinal cord. It can also injure the cervical muscles, intervertebral joints, ligaments, discs and nerve roots.

Signs of Whiplash

Whiplash neck injuries are very common. Even slight car bumps could result to enough whipping to the neck that may trigger the symptoms.
Symptoms of neck injuries may manifest either immediately after the accident or several days after. Its symptoms may include the following:
  • Neck Stiffness and Pain
  • Myofascial injuries or injuries to the muscles and ligaments
  • Headache, dizziness and blurred vision
  • Difficulty swallowing and chewing and hoarseness of voice
  • Paresthesias or abnormal sensations such as burning or prickling
  • Shoulder and back pains
  • Irritability

Treatment for Whiplash Injuries

Luckily, whiplash is curable. Upon treatment, most symptoms are gone completely.
At first, it is treated with a soft cervical collar. This collar could be worn for 2 to 3 weeks.
For major cases, therapy and medications are advised. It may include:
  • Warm therapy to reduce muscle tension and pain
  • Medications for pain such as analgesics and non-steroidal anti-inflammatory drugs (NSAIDs)
  • Muscle relaxants
  • Physiotherapy or range of motion exercises and physical therapy on the neck
Severe extension injuries, however, require surgical intervention.

Whiplash Prevention

Head restraints are equally important as seatbelts. They stop the head from making unnecessary movements during the point of impact. They can make the journey uncomfortable but the benefits are enormous. Moreover, correct adjustment of the head restraint could make the journey safer.
Whiplash neck injuries just like any other injuries need medical attention. Expectedly, the victim has to visit a medical provider for examination and tests, if necessary.
To alleviate the pain and suffering of the victim physically and financially, a personal injury case could be filed against the negligent party to compensate him for the damage. The victim may engage the services of a car accident lawyer in pursuing his claim. If you feel you have a whiplash injury claim and deserve some sort ofwhiplash injury compensation, please contact a Personal Injury Lawyer.

Friday, April 15, 2011

10 Random Things You should Know!

1
Look at your zipper. See the initials YKK? It stands for Yoshida Kogyo Kabushibibaisha, the world's largest zipper manufacturer.

2
A duck's quack doesn't echo. No one knows why.

3
40 percent of McDonald's profits come from the sales of Happy Meals.

4
315 entries in Webster's 1996 Dictionary were misspelled.

5
On the average, 12 newborns will be given to the wrong parents daily.

6
Chocolate kills dogs! True, chocolate affects a dog's heart and nervous system. A few ounces is enough to kill a small sized dog.

7
Ketchup was sold in the 1830's as a medicine.

8
Leonardo da Vinci could write with one hand and draw with the other at the same time.

9
Because metal was scarce, the Oscars given out during World War II were made of wood.

10
There are no clocks in Las Vegas gambling casinos.

Wednesday, April 13, 2011

My Slut Wife

My name is Charles and my wife Julie and I have been married for over 20 years. Our sex life has been great all along and both us have very high sex drives. Julie is wet all the time as she is a very horny woman and is insatiable as far as sex is concerned . She is multi-orgasmic and can cum numerous times before I explode into her willing cunt. She loves to wear very revealing clothes mostly without a bra and a panty underneath.
One day I came home early from work as I was not feeling too well. As I was about to enter the master bedroom I heard some sounds coming out from the guest room. As I was walking toward the room I could hear groans and moans of a woman. The door of the room was wide open and I was shocked at what I saw.
There on the bed was my wife with her legs spread wide open and fully naked with a man on top of her and his cock impaled deep into her wet pussy ! I could see his cock going in and out of her wet pussy and she was moving her hips up and down in unision with his movements. The sound of wet liquid and her groans and moans filled the room as her lover fucked her. Her arms were around his body pulling him close to her. Her body was visibly trembling with illicit lust with this man.
I was angry at first and then to my surprise I found myself aroused at the sight of my wife having sex with another man and enjoying it. My cock was hard and I found myself stroking my cock as I watched my adulterous wife giving herself to another man. My cock was hard and real slimy with precum!

Meanwhile Julie and her lover were wild on the bed clinging to each other and uttering obscenities as they got high in sexual ecstacy. Her lover pounded and rammed her wet cunt with his hard cock and she moaned and groaned with every deep penetration. Her legs were wrapped around her lover's waist as she ground her groin against his in sexual pleasure. Their breathing was loud and fast and then she cried out , " Fuck me.....fuck ..... cum into me now !" Her lover grunted and I could see his body tensed up as he exploded into her. Julie cummed together with him and she screamed like a mad woman when his seeds entered her womb. Then there was silence as she lay on top of her motionless and she with her legs wide open . I could see her lover's cum leaking out from the side of her fucked cunt.
This was the first time I ever saw and watch another fuck my wife and many more was to follow in weeks to come. I thoroughly enjoyed the sight of my wife being fucked by another man and I want her to continue with her new-found pleasure.

Saturday, April 9, 2011

Netflix

I'm finally returning to Netflix after a long time away....Netflix is probably the best company out there streaming Television and Movies...They have a lot of independent films as well as foreign if your into foreign movies... You just can't beat Netflix....You can even try it for a month for free...Thanks Netflix...

Wednesday, April 6, 2011

Depressed Lawyer Column

I’ve been depressed for a while.
I think it really set in last year after I had a couple of really awful outcomes in high conflict family law cases. I get so much pleasure and enjoy the sense of being in sync with my talents when I write, mediate or speak in front of a group. Adversarial advocacy in family law isn’t on that list and, as a family lawyer, I spend a fair amount of time doing this. So I found myself becoming depressed.
What does depression look like? Well, it doesn’t necessarily have to be an episode of major depression to qualify. Major depression really knocks your feet out from underneath you (literally). It can be difficult just rolling out of bed. Days and nights are filled with obsessive rumination that acts like a mental whirlpool, driving the sufferer ever deeper into a vortex of hopelessness. Those struggling with major depression know for a fact that their lives will not and cannot get any better. For those made supine by this despair, antidepressant medication can be a literal life saver. Rather than elevating mood, these drugs put a floor underneath one’s mood so the whirlpool is shut off and the experience of an endless psychic descent ceases. Thankfully, what I’ve been experiencing is not nearly that debilitating or painful.
Dysthymia Allows Us To Function But In A Colorless World
My kind of depression is termed “dysthymia” in the DSM IV (mental health’s diagnostic “Bible”). With dysthymia, a person can still function after a fashion. However, life’s colors are faded. It’s more difficult to enjoy pursuits that had, not long ago, brought pleasure. We withdraw from our closest relationships. Paradoxically, I found myself coming home and drinking more. I love the taste of good vodka, and indulged that taste every evening. I say paradoxically because, as we know, alcohol is a quintessential depressant. However, I’ll also admit that I enjoyed the buzz before I drifted off to sleep. I wasn’t eating very well and found myself filling up this dark hole that was pulsating in my core with my favorite foods. (Try putting some salsa on Triscuit crackers, covering them with cheddar cheese and “nuking” the concoction in the microwave for three minutes. My mouth waters as I write this.) Anyway, I can attest that the short term comfort from “comfort foods” does bring a certain relief that is, indeed, short term.
At my office, it would take me all of about 15 minutes to shift into a cranky mood as I managed a case load of work that I increasingly had come to believe was basically pointless. I saw myself dealing with people who had grown apart in their most intimate relationships, overwhelmed by grief, betrayal and (most definitely) fear. They were then dropped into a process in which they were being assaulted by sworn statements made by their spouses and forced to respond in kind. Litigated family law, I have come to believe, is a preposterous exercise. By the time a marriage ruptures, two people who had formerly been intimate have arrived at the end of a long path marked by thousands of interpersonal and intrapersonal events which are both momentous and staggeringly trivial when measured against their impact. These people then ask another human being, often someone who has no training or interest in either psychology or family law, to make momentous decisions for them decisions based on scant information (20 pages of a sworn statement and another 5 minutes of a lawyer making a pitch). In trial, decisions can rest on the strength of a two-hour appearance on the witness stand. It’s a ridiculous process.
In this context, it is no small wonder that coming to the office to do what I have been educated and trained to do day after day would lead to dysthymia. As I said, I was not charming to live with. I was edgy. I was also lazy. That’s not my word, but it’s how my lack of interest in day-to-day household activities was labeled (not that I ever evinced much interest in this sphere of life). But depression drains the sense of purpose from your life so that you aren’t motivated to do the smaller things you used to do as a matter of course.
Actually, I think a lot of us struggle with dysthymia but because it really doesn’t affect our major life responsibilities, we just soldier on through the grey. Many studies have reported that lawyers have a high incidence of depression. Yet I think few of us really recognize it in ourselves precisely because we are basically able to continue on with what we’re doing after a fashion.
Last year, during the six months or so of my most pronounced dysthymia, although I took very poor care of my body, didn’t nurture my most important relationships with both family and friends, wrote very little (though writing is very rewarding for me), and found solace in crappy food and a bottle, I kept going to the office and avoiding things that were bringing me more and more angst and aggravation. Clients protesting my delayed response to their inquiries and issues pushed me even further into avoidance mode. My predominant emotion became worry about my practice. How’s that for fun? the capacity to experience joy is drained and the sharpest emotional experience is worry.
With Help, I Started To Resurface
A handful of events allowed me to start to resurface in this swampy water. I started to work with a very gifted therapist who incorporates neuro-feedback in her practice. This modality, which has been around for a number of years, enabled me to train my brain to augment or dampen brain waves by interacting with various computer programs or “games.” I remember being told that I had “punk beta waves” which is pretty emblematic of a depressed state of mind.
With a nutritionist’s help, I also started taking daily vitamins (with a boost of D since we don’t get a ton of sunlight here in the Northwest), omega 3 fatty acids, and Co-Q-10 which supports cellular health. After a Google search, I realized that, nutritionally speaking, I’d been living under a rock for a while. According to the Mayo Clinic, Co-Q-10 is manufactured naturally by the body, and low levels can, among other things, impact heart health. The vodka has been jettisoned. I still enjoy a glass of red wine with dinner and promise myself that if I have trouble keeping it to that amount, I will explore a 12-step meeting.
With all this support, I found that color started to fill the shapes of my life. Most importantly, perhaps, I began to seriously consider making a professional transition that I had been avoiding for a long time. Just last week, a man called who was deeply involved in a difficult family law conflict, with a real litigator on the other side. The case would definitely result in some healthy income in these economically troubled times. But I took a deep breath and referred him.
I knew that any transition in my feelings and attitude would not come immediately and that I needed to give myself some time. My lips and nose are above the surface of the swamp now and I’m pretty confident that in a month, or two or three, my whole head may emerge. I’m breathing now, though, and that’s an important start.

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