It's hard to find a person without student loans these days. There are currently thirty seven million borrowers who have outstanding student loans. If you're a part of this group, or will be soon after graduation, you understand the basics of how student loans work. But are you aware of your options when faced with an unexpected change of circumstances? There are a variety of events that may affect your ability to make payments, and it is best to be prepared for them. Read on to learn how your student loans are affected in five hypothetical situations.
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MNsure: Minnesota's New Health Care Marketplace
The Affordable Care Act's individual mandate takes effect January 1, 2014, requiring most Americans to carry health insurance. MNsure is the state's new online health insurance marketplace. Those eligible to obtain health insurance through MNsure include Minnesota consumers and small businesses with up to fifty full-time employees. All options offered will range from free to low-cost policies for government health insurance, if you qualify. Medicaid, MinnesotaCare, and commercial health plans are all included. The federal health care law requires online insurance marketplaces to begin operating on October 1st of 2013, so those eligible for MNsure have already had time to select a plan.
Target Security Breach: What Consumers Should Know
Last week, Target confirmed a security breach that took place between November 27th and December 15th. During this time, data was stolen from forty million shoppers who used debit cards and credit cards in their U.S. stores. Those who shopped online or in Canada were not affected. Cybercriminals focused on the point-of-sale systems used at Target's checkout lanes, which collect information from credit and debit cards. They were able to access customer names, credit and debit card numbers, and card expiration dates and CVVs. The Secret Service is now investigating what happened. It is important to be aware of the potential consequences so that proper action can be taken.
Credit Card Debt and Chapter 7
The holidays have ended and many Americans are finding themselves with mounds of credit card debt and are considering taking out loans, or cashing in meager savings to pay these credit card bills. If you find yourself in that situation, a Chapter 7 bankruptcy may be helpful to you and your family.
What Determines A Product To Be Defective?
A defective product is one that is not reasonably safe for its intended use. These typically fall under three areas:
If Injured By A Defective Product, Save The Evidence!
If you are injured as a result of a defective or dangerous product at home, at work or at a friend's house, it is important to contact an attorney at our office immediately. Save all the evidence or materials you can pertaining to the product, because this can assist your attorney in making your potential case. Outlined below are some tips for saving evidence:
Types of Liability Claims Seen in Minnesota
There are many different examples of products liability claims that are brought in Minnesota. Some examples are, but not limited to:
