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UCGal
ParticipantFrom reading the article – it sounds like the court action did involve serving the couple – but that it may have been a questionable service.
It also sounds like the couple did everything wrong. They bought the house as an investment for $520k in 2006. They refinanced to a first of $464k and a 2nd of $126k a year later. They claim they took out 20k to pay off credit cards… I guess the other 40-50k in additional debt was just bonus money. These people ATM’d their “investment” property.
IF the court summons was properly served (which is in question) – then I don’t see anything wrong with the process. The article doesn’t mention whether they stopped paying on the 2nd – but I have to assume they did when they stopped paying on the first.
They made bad choices. Life is full of consequences.
UCGal
ParticipantFrom reading the article – it sounds like the court action did involve serving the couple – but that it may have been a questionable service.
It also sounds like the couple did everything wrong. They bought the house as an investment for $520k in 2006. They refinanced to a first of $464k and a 2nd of $126k a year later. They claim they took out 20k to pay off credit cards… I guess the other 40-50k in additional debt was just bonus money. These people ATM’d their “investment” property.
IF the court summons was properly served (which is in question) – then I don’t see anything wrong with the process. The article doesn’t mention whether they stopped paying on the 2nd – but I have to assume they did when they stopped paying on the first.
They made bad choices. Life is full of consequences.
December 8, 2009 at 1:40 PM in reply to: After 60 job applications, honor student back home in Missoula #491830UCGal
Participant[quote=waiting for bottom]
Yes Top 40, no not Davis. Davis is 2nd tier in my rankings. Only CA schools I consider top are UCB, UCLA, USC.[/quote]Stanford doesn’t make the list?
FWIW – I have friends and family with top tier MBAs (Wharton, Columbia, Kellogg)and friends and family with mid to lower tier MBAs (USD, Rutgers, SDSU, UCSD.)
Only 2 of these folks is using their MBA in the workplace – the rest either changed careers and/or went and got additional schooling in a different field. One went and got a PhD in Business and is hoping to teach since consulting is pretty slim pickings these days.
December 8, 2009 at 1:40 PM in reply to: After 60 job applications, honor student back home in Missoula #491995UCGal
Participant[quote=waiting for bottom]
Yes Top 40, no not Davis. Davis is 2nd tier in my rankings. Only CA schools I consider top are UCB, UCLA, USC.[/quote]Stanford doesn’t make the list?
FWIW – I have friends and family with top tier MBAs (Wharton, Columbia, Kellogg)and friends and family with mid to lower tier MBAs (USD, Rutgers, SDSU, UCSD.)
Only 2 of these folks is using their MBA in the workplace – the rest either changed careers and/or went and got additional schooling in a different field. One went and got a PhD in Business and is hoping to teach since consulting is pretty slim pickings these days.
December 8, 2009 at 1:40 PM in reply to: After 60 job applications, honor student back home in Missoula #492377UCGal
Participant[quote=waiting for bottom]
Yes Top 40, no not Davis. Davis is 2nd tier in my rankings. Only CA schools I consider top are UCB, UCLA, USC.[/quote]Stanford doesn’t make the list?
FWIW – I have friends and family with top tier MBAs (Wharton, Columbia, Kellogg)and friends and family with mid to lower tier MBAs (USD, Rutgers, SDSU, UCSD.)
Only 2 of these folks is using their MBA in the workplace – the rest either changed careers and/or went and got additional schooling in a different field. One went and got a PhD in Business and is hoping to teach since consulting is pretty slim pickings these days.
December 8, 2009 at 1:40 PM in reply to: After 60 job applications, honor student back home in Missoula #492466UCGal
Participant[quote=waiting for bottom]
Yes Top 40, no not Davis. Davis is 2nd tier in my rankings. Only CA schools I consider top are UCB, UCLA, USC.[/quote]Stanford doesn’t make the list?
FWIW – I have friends and family with top tier MBAs (Wharton, Columbia, Kellogg)and friends and family with mid to lower tier MBAs (USD, Rutgers, SDSU, UCSD.)
Only 2 of these folks is using their MBA in the workplace – the rest either changed careers and/or went and got additional schooling in a different field. One went and got a PhD in Business and is hoping to teach since consulting is pretty slim pickings these days.
December 8, 2009 at 1:40 PM in reply to: After 60 job applications, honor student back home in Missoula #492698UCGal
Participant[quote=waiting for bottom]
Yes Top 40, no not Davis. Davis is 2nd tier in my rankings. Only CA schools I consider top are UCB, UCLA, USC.[/quote]Stanford doesn’t make the list?
FWIW – I have friends and family with top tier MBAs (Wharton, Columbia, Kellogg)and friends and family with mid to lower tier MBAs (USD, Rutgers, SDSU, UCSD.)
Only 2 of these folks is using their MBA in the workplace – the rest either changed careers and/or went and got additional schooling in a different field. One went and got a PhD in Business and is hoping to teach since consulting is pretty slim pickings these days.
December 8, 2009 at 8:10 AM in reply to: After 60 job applications, honor student back home in Missoula #491730UCGal
ParticipantMy parents offered to pay 100% for college if the following criteria were met:
– UC or Cal State college. (Limit their expenses)
– Degree in something you could get a job in with just an undergraduate degree. (Liberal Arts discouraged – but teaching credential required.)That last one, the major/degree restrictions, annoyed the crap out of me at the time. I wanted to do pre-law. My dad said “good luck with that, I’m not paying.” So I went into a BSEE program. I fell in love with Physics – wanted to change my major… My dad pointed out that physics majors ended up working as engineers – but with a lower starting salary. He said he wouldn’t pay. (Anectdotally, he was proven correct by some of my friends.) So I got my BSEE and have no regrets. Fortunately, I fell into embedded programming and enjoy it. Not everyone is lucky enough to land in a field they enjoy.
I’m planning on offering the same deal to my kids – tuition and living expense paid for a PUBLIC California college if/only if the degree has good odds of a job at graduation. (Liberal arts degrees will require a teaching credential – but still be discouraged.) If the boys are accepted to an Ivy school or Cal Tech or some such… the same degree rules hold, but they *might* be able to talk me into applying the same $$ towards that degree… but they’ll have to make up the difference with loans/summer jobs/etc. (Exception being Cal Tech in engineering – I’d find a way to help pay the extra for that.)
I hated my dad’s restrictions at the time – but appreciate them greatly now. I feel fortunate that I was able to graduate without debt. I’ve got the 529’s going for my kids and am budgeting for UC fees/expenses. I’m going to be mean, like my father was and apply the same restrictions he did.
December 8, 2009 at 8:10 AM in reply to: After 60 job applications, honor student back home in Missoula #491896UCGal
ParticipantMy parents offered to pay 100% for college if the following criteria were met:
– UC or Cal State college. (Limit their expenses)
– Degree in something you could get a job in with just an undergraduate degree. (Liberal Arts discouraged – but teaching credential required.)That last one, the major/degree restrictions, annoyed the crap out of me at the time. I wanted to do pre-law. My dad said “good luck with that, I’m not paying.” So I went into a BSEE program. I fell in love with Physics – wanted to change my major… My dad pointed out that physics majors ended up working as engineers – but with a lower starting salary. He said he wouldn’t pay. (Anectdotally, he was proven correct by some of my friends.) So I got my BSEE and have no regrets. Fortunately, I fell into embedded programming and enjoy it. Not everyone is lucky enough to land in a field they enjoy.
I’m planning on offering the same deal to my kids – tuition and living expense paid for a PUBLIC California college if/only if the degree has good odds of a job at graduation. (Liberal arts degrees will require a teaching credential – but still be discouraged.) If the boys are accepted to an Ivy school or Cal Tech or some such… the same degree rules hold, but they *might* be able to talk me into applying the same $$ towards that degree… but they’ll have to make up the difference with loans/summer jobs/etc. (Exception being Cal Tech in engineering – I’d find a way to help pay the extra for that.)
I hated my dad’s restrictions at the time – but appreciate them greatly now. I feel fortunate that I was able to graduate without debt. I’ve got the 529’s going for my kids and am budgeting for UC fees/expenses. I’m going to be mean, like my father was and apply the same restrictions he did.
December 8, 2009 at 8:10 AM in reply to: After 60 job applications, honor student back home in Missoula #492277UCGal
ParticipantMy parents offered to pay 100% for college if the following criteria were met:
– UC or Cal State college. (Limit their expenses)
– Degree in something you could get a job in with just an undergraduate degree. (Liberal Arts discouraged – but teaching credential required.)That last one, the major/degree restrictions, annoyed the crap out of me at the time. I wanted to do pre-law. My dad said “good luck with that, I’m not paying.” So I went into a BSEE program. I fell in love with Physics – wanted to change my major… My dad pointed out that physics majors ended up working as engineers – but with a lower starting salary. He said he wouldn’t pay. (Anectdotally, he was proven correct by some of my friends.) So I got my BSEE and have no regrets. Fortunately, I fell into embedded programming and enjoy it. Not everyone is lucky enough to land in a field they enjoy.
I’m planning on offering the same deal to my kids – tuition and living expense paid for a PUBLIC California college if/only if the degree has good odds of a job at graduation. (Liberal arts degrees will require a teaching credential – but still be discouraged.) If the boys are accepted to an Ivy school or Cal Tech or some such… the same degree rules hold, but they *might* be able to talk me into applying the same $$ towards that degree… but they’ll have to make up the difference with loans/summer jobs/etc. (Exception being Cal Tech in engineering – I’d find a way to help pay the extra for that.)
I hated my dad’s restrictions at the time – but appreciate them greatly now. I feel fortunate that I was able to graduate without debt. I’ve got the 529’s going for my kids and am budgeting for UC fees/expenses. I’m going to be mean, like my father was and apply the same restrictions he did.
December 8, 2009 at 8:10 AM in reply to: After 60 job applications, honor student back home in Missoula #492366UCGal
ParticipantMy parents offered to pay 100% for college if the following criteria were met:
– UC or Cal State college. (Limit their expenses)
– Degree in something you could get a job in with just an undergraduate degree. (Liberal Arts discouraged – but teaching credential required.)That last one, the major/degree restrictions, annoyed the crap out of me at the time. I wanted to do pre-law. My dad said “good luck with that, I’m not paying.” So I went into a BSEE program. I fell in love with Physics – wanted to change my major… My dad pointed out that physics majors ended up working as engineers – but with a lower starting salary. He said he wouldn’t pay. (Anectdotally, he was proven correct by some of my friends.) So I got my BSEE and have no regrets. Fortunately, I fell into embedded programming and enjoy it. Not everyone is lucky enough to land in a field they enjoy.
I’m planning on offering the same deal to my kids – tuition and living expense paid for a PUBLIC California college if/only if the degree has good odds of a job at graduation. (Liberal arts degrees will require a teaching credential – but still be discouraged.) If the boys are accepted to an Ivy school or Cal Tech or some such… the same degree rules hold, but they *might* be able to talk me into applying the same $$ towards that degree… but they’ll have to make up the difference with loans/summer jobs/etc. (Exception being Cal Tech in engineering – I’d find a way to help pay the extra for that.)
I hated my dad’s restrictions at the time – but appreciate them greatly now. I feel fortunate that I was able to graduate without debt. I’ve got the 529’s going for my kids and am budgeting for UC fees/expenses. I’m going to be mean, like my father was and apply the same restrictions he did.
December 8, 2009 at 8:10 AM in reply to: After 60 job applications, honor student back home in Missoula #492599UCGal
ParticipantMy parents offered to pay 100% for college if the following criteria were met:
– UC or Cal State college. (Limit their expenses)
– Degree in something you could get a job in with just an undergraduate degree. (Liberal Arts discouraged – but teaching credential required.)That last one, the major/degree restrictions, annoyed the crap out of me at the time. I wanted to do pre-law. My dad said “good luck with that, I’m not paying.” So I went into a BSEE program. I fell in love with Physics – wanted to change my major… My dad pointed out that physics majors ended up working as engineers – but with a lower starting salary. He said he wouldn’t pay. (Anectdotally, he was proven correct by some of my friends.) So I got my BSEE and have no regrets. Fortunately, I fell into embedded programming and enjoy it. Not everyone is lucky enough to land in a field they enjoy.
I’m planning on offering the same deal to my kids – tuition and living expense paid for a PUBLIC California college if/only if the degree has good odds of a job at graduation. (Liberal arts degrees will require a teaching credential – but still be discouraged.) If the boys are accepted to an Ivy school or Cal Tech or some such… the same degree rules hold, but they *might* be able to talk me into applying the same $$ towards that degree… but they’ll have to make up the difference with loans/summer jobs/etc. (Exception being Cal Tech in engineering – I’d find a way to help pay the extra for that.)
I hated my dad’s restrictions at the time – but appreciate them greatly now. I feel fortunate that I was able to graduate without debt. I’ve got the 529’s going for my kids and am budgeting for UC fees/expenses. I’m going to be mean, like my father was and apply the same restrictions he did.
UCGal
ParticipantI currently have AAA and am happy with them. But I haven’t made any claims. Their prices are competitive.
I’ve had Amica in the past. I had a claim settled with them (a person tripped on halloween and broke her arm). They handled it well – deflected the claim of $100k (yes her attorney asked for that) and settled for her actual medical bills and a couple of thousand pain and suffering. They were very reassuring and fiscally responsible during this.
UCGal
ParticipantI currently have AAA and am happy with them. But I haven’t made any claims. Their prices are competitive.
I’ve had Amica in the past. I had a claim settled with them (a person tripped on halloween and broke her arm). They handled it well – deflected the claim of $100k (yes her attorney asked for that) and settled for her actual medical bills and a couple of thousand pain and suffering. They were very reassuring and fiscally responsible during this.
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