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Messages - BigRig

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Thanks! There is still no specific information as to what debt elements are examined and hence, acceptable/unacceptable. I imagine in most (if not all) cases the examination will pertain to delinquency and bankruptcy history rather than consumer debt levels during/prior to law school. Do lenders examine what portion of one's student loans is used to pay existing/new credit card debt? I am sure there is a way to prevent someone from transferring all of their debt to a student loan, but I believe you are able to make a payment toward this debt (not sure how large).

Just spoke with the Florida Bar Board of Examiners and the only consumer debt element in their background check is related to account delinquency/bankruptcy/etc. This is as I suspected, yet realize Bar standards vary by state. If anyone finds a specific practice in another state that is different than this, please share as I am curious.

This is a personal finance issue should not be for us/someone else to determine. Yes, if someone is trying to wrap consumer debt into educational loans to avoid paying them/get a lower rate/etc. you could have issue with that practice. However, if a student has consumer debt or chooses to use consumer debt to finance their way toward an advanced degree, he/she should not be denied admission (to law school or the Bar) based on that fact alone. If he/she files bankruptcy or has another serious legal issue related to debt, then there is a cause of action the Bar needs to address. Because someone has resorted to these debt instruments to attend the best school he/she can (telling someone to go to a lesser school because they have debt/can't afford it is discriminatory) is his/her choice.

Any Floridians (or others) able to point me in the right direction?

General board for soon-to-be 1Ls / Re: Residency Question
« on: July 10, 2006, 09:57:43 AM »
I am not sure if it is "usually" the case (as in a majority of the states allowing for it). You need to check with your particular state. I do know that there is a general push for states to make residency transfer more difficult (especially for those coming to school from far away with no ties to the state). I am facing residency transfer in FL and am very familiar with the process there if you have more specific questions.

While I am yet to check with the Bar in any state, this seems pretty tough, if not unfair, to regulate. I mean, with the prohibitive costs associated with making it to law school (let alone a good law school) in addition to the exoribitant (and rising) fees of attending, I think it is very reasonable that those from a "lower-income-no-silver-spoon-in-hand" could find themselves with a large amount of consumer debt to pay off. And by no means does this mean that he/she is more likely to engage in fraudulent activities as a result of holding their JD.  While statements made earlier regarding the likelihood of those who are irresponsible with consumer debt to feel pressure to use funds illegally might be logical to a degree, they are based on generalizations that are not able to support sound policy. Just because one graduates law school with a high/massive amount of consumer debt (again, this is an arbitrary label) does not mean he/she is irresponsible. In certain cases, credit cards may offer a better option (maybe the only option) than student/private loans to cover expenses incurred while in law school.

I don't think there is any question that having little to no consumer debt makes one's life much easier. Unfortunately, in today's world it's difficult to avoid for a lower-income person with little to no financial help seeking an professional degree (law, med, etc.). If such a policy exists, it better be very specific in its enforcement. At its root, this approach is discriminatory by favoring the well-to-do (stronger financial position out of the gate doesn't say anything about responsibility).

General board for soon-to-be 1Ls / Re: Anyone going to FSU?
« on: July 10, 2006, 09:07:16 AM »
I am attending and will be moving down this weekend. There are a few others on LSD I've run into that will be attending as well. I'm in contact with a few and we plan on meeting up when everyone gets down there. PM me if you're interested in this or if you want to discuss in general.

General board for soon-to-be 1Ls / Re: The "I Just Resigned" Thread
« on: July 05, 2006, 09:18:04 AM »
In honor of the gay (i.e. happy) feeling accompanied with my new found freedom, I thought it appropriate to honor the song and artist that have so aptly portrayed the feeling:

Freedom! Freedom! Freedom!

Thanks George.

Where should I go next fall? / Re: FSU- What do I need?
« on: June 30, 2006, 02:12:57 PM »

Got orientation schedule; hoping to qualify for special one-week intro program Aug.16. Otherwise, I begin Aug.23. Let's coordinate a meetup. I might be able to make it to Miami late July.


Look at for not only my scores, but a lot of others.


I am sort of a hack on the golf course and prefer the drink/play outing, but I am up for whatever. Being in Florida, I need get serious about my golf game.

Where should I go next fall? / Re: FSU- What do I need?
« on: June 29, 2006, 02:21:12 PM »
Sorry, I should've known you were new to this. Underrepresented minority = URM. A particular URM classification also could have an effect.

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