Just for what it is worth:
I have had pen names, but if anyone is interested in who I am or etc, or anything, all you need to do is ASK
I mean--am I all that interesting? And if so, I won't make anyone money, so just ASK! (2-8-11)
* Just a little note to those that were asking: I have a Health Insurance plan again! It is a self-pay plan, and all I have to do is keep up and not let it lapse. I finally saw a Dr. and have all of my meds. (I'm a type 3 Asthmatic and pretty much live on daily inhalers). My new Dr. is great! and I don't have Lung cancer. The pain in my right lung was inflammation of the nerves he feels, from all the coughing I was doing. I feel better than I have in almost 2 months!
*And Re: The Lobster Story, I will finish later.
And so, here is a copy of my most recent Student Loan Statement as of the end of 2010.
It has a fixed 8.250% interest rate. This is a portion from another sheet (about a year older than the one above) that shows the interest rate.
I will have this loan (debt) for the next 20 years or maybe 25 less one year, so 24 years. (It's all so confusing)
If I had not divorced, my ex-wife would have been on the hook for this loan as well. It caused terrible stress and strife during our marriage.
Divorcing was kind of like me cutting the rope, lest I drag her down the side of the cliff along with me. At least she is free now. I am so sorry I could not take care of her as I promised in my marriage vow. For those that are unaware and are either married and/or contemplating Marriage, this paper will show how a spouse becomes involved:
My ex-wife was terrified of my ever increasing Loan. Afraid for her old age and of debt in old age, afraid of her SS being garnished, along with mine, and of her Home being seized by the US Government, and that she would be thrown out of her Home and end up homeless.
After a while, she could not be convinced or reasoned with over this matter. It was simply her gut feeling of fear that the collectors, with the full consent of Congress, would break down all legal barriers in order to collect. It became a matter of her lack of Faith in the US, in so many words, because, after all, she would assert in so many words: "Look at how the US Government has already and illegally taken away all consumer rights and bankruptcy protections for student loans." (And I have to admit that there is truth to that sentiment) To state it even more bluntly, it is a US citizen's fear of the US Government, and of being unjustly punished by the US Government. (Deriving from broken Faith as I say)
__________________
But to return, here it is my loan in 2007:
And in 2002:
2009 was the year of its biggest growth, jumping from 210K to 260K. 40K of that was in "Collection Costs." See Here:
I also have an audio copy of my conversation with this Private Co. debt collector (above) called GC Services, from 2009, that is really interesting I think.
My sense, in that conversation was that GC Services was "Hot for the Deal, " because I was 40K in easy taxpayer dollars walking through the door.
Very charming debt collection agency, and I am not kidding. Very professional and surreal.
Such is the nature of student loans and default. There is no bankruptcy option either, even though I am hopelessly bankrupt, and with destroyed credit showing this loan balance, and which now prevents me from finding any kind of employment that requires a credit check.
When I am age 70, and this loan is finally "Abated" I will have spent most of my adult life in debt, from the age of 26 when I took out my first law school loans until the age of 70. A total of 44 years. Closer to 50 years if you count my college loans.
Some of these papers are so old, the staples holding them together are rusty.
Still want to go to Law School kids?
