Obama4Prez said:Off topic, but I've never heard of the former Soviet Union having wonderful health care.I heard they have high male mortality rates.

By immigrating to the US I think the poster added at least 10 years to his own life expectancy. But his GF might have shaved a year or two off hers.

Obama4Prez said:Off topic, but I've never heard of the former Soviet Union having wonderful health care.

And you probably think that the most accomplished Fedorov to come out of USSR is a hockey player

tlvx said:You have to forget about the debt for a minute and think of a better solution.

If they truly cared whether he paid his debt obligations, then he would be allowed to work. Otherwise, making a moral example out of him over the same loans that allowed him to learn the profession is completely pointless.

It's like telling someone that they cannot drive altogether because their credit rating is too poor to get insurance, which is irrelevant to actually driving, regardless of potentially higher premiums.No one is preventing him from working. They are just preventing him from working as a lawyer in New York.

BondGamer said:pthor1231 said:There certainly is a lot more to the story. A lot of what is reported in the article casts a poor light on Bowman.
Then why was he recommended? The committee who reviewed his application must have found some justification as to why he hasn't paid his student loans as of yet. He might very well have had legitimate deferrals on the loan paybacks for all those years. His issue sounds extremely complex and impossible to judge without much more information than is provided currently.It may be more complex, but if he had legitimate deferrals, he must have managed to not file the paperwork properly or on time for any of his multiple loans.

I saw this on Abovethelaw the other week. Here's the article and comments if you are interested: http://abovethelaw.com/2009/07/400000_in_student_debt_charact.ph...

I guess when I go through this next year, I need to keep my credit reports free from the $150k of AOR balances I'm normally carrying around with me to simplify things .

If he can do a federal consolidation and pay using an income based repayment, and somehow gets a government job, these will be all paid and done in 10 years.

http://loanconsolidation.ed.gov/help/whatsnew.html#ibrplan
http://loanconsolidation.ed.gov/borrower/brights.html

A public service loan forgiveness program is available that provides for the cancellation of the remaining balance due on your eligible Direct Loan Program loans after you have made 120 payments (after October 1, 2007) on those loans under certain repayment plans while you are employed in certain public service jobs.

one of my favorite cases in my ethics textbook was the lady that declared bankruptcy the day after she graduated from law school. then there was the guy who ran an international cocaine trafficking ring and did federal time... they wouldn't let him practice either.

you want some real comedy... you should read the CA State Bar Journal public discipline section... there are some real hilarious stories in there... lawyers trying to outrun the cops... kicking down doors and beating people up... crashing parties and running from park rangers... good stuff!@

Link

Just seen on creditboards:
"Which bar associations don't do hard pulls?"

tlvx said:There has to be more to the story. Unpaid indebtedness alone is not a good reason to prevent someone from earning a living based on some sort of moral high ground which doesn't exist. That is nonsense, and he must have done something else because otherwise I'm not buying it.

But 26 years of an unpaid student loan? Get over yourself. This guy has probably made no attempt to make any payments on this debt and the panel took note of this. Yes, he needs a job to pay the debt back, but people usually try to land a job in their field six months after graduating, so they can start to pay off said debt.

This guy had it coming, sorry. Plain and simple.

Are you suggesting that not paying your creditors, ever, for the past 26 years cannot be judged on any 'moral high ground'? Are you really a FW member?

Knew a guy in a similar situation, something like 220k of debt and had a car repossessed. Worked as a contract attorney on a document review .. the florescent lights bothered him so he taped a pizza box to the top of his computer to create a 'dark room'. Quite hilarious when a client came in to check out doc-p. No joke.

He worked like 80 hours a week at 40 bucks an hour to get his debt level down so he could be admitted. I'm pretty sure he got admitted because I haven't seen him down on the review for a while. In other news, there's work for unadmitted JD's and a way out if this guy wants it enough.