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The next few weeks mark the beginning of serious financial uncertainty for millions of people, because a slew of debt, from income tax payments to several months of rent, are going to be due at the same time. “It is going to be a perfect storm of financial difficulty for many, many people,” said Andrea Bopp Stark, an attorney at the National Consumer Law Center (NCLC).The center recommends three steps for anyone that finds themselves in a financially difficult situation regarding debt.Step one: create a list of priority bills and debt to pay off. “People are going to be barraged with debt collectors calling and trying to get them to pay on a medical debt or a credit card debt, but those debts are less important,” said Stark. “Pay debts that if you didn’t pay them it would cause immediate harm to your family.”Those are things like your rent and a car payment, especially if you need your car to go to work.“If you have a judgment against you, a court judgment against you for a debt, it is important to try and make a payment plan to pay that because creditor could issue a garnishment against your wages,” Stark added. Step two: contact your lender to make a payment plan on those priority debts.“We are seeing data come in that there are people who are delinquent and don’t have a forbearance agreement when they could very easily be in a forbearance agreement,” Stark added. “I know wait times on the phone are horrible right now, but you have to be persistent and get through and find out what help is available.”Data collected by the U.S. Census shows that delinquency rates are higher in communities of color.“It is mostly Black and Latinx borrowers who are not getting these forbearance agreements,” said Stark. “Whether they don’t know about it or nobody is reaching out to them to let them know this is available, we don’t know why but that is a population that is going to be disparately impacted and has already been disparately impacted by this whole crisis.”Step three: find a way to stick to your prioritized debt list. “It may sound obvious but if you have it on paper and you have created a budget, stick that to the refrigerator or wherever, then you know these are the priority spending items,” said Stark. “If your son or daughter say, ‘Oh, I want this or that,' ‘no, look at the fridge these are our priority spending items, sorry.’” Because every situation may not be solved in three steps, the NCLC has now made its in-depth guide to Surviving Debt available for free. It has template letters to send to debt collectors and hundreds of pages of help to get you through this tough time. 2626
The iconic couch potato characters of Beavis and Butt-head are returning with new episodes, in a deal with creator Mike Judge and Comedy Central. Joining another 90s spin-off on the cable channel.Originally launched in 1993 on MTV, “Beavis and Butt-head” rose to popularity with its satire and stream-of-consciousness dialogue. The show tackled social issues at the time including teen obesity, workers’ rights and media trends.Comedy Central has ordered two seasons of the reimagined series, which will be, according to them, “relatable to both new and old fans – Gen X parents and their Gen Z kids.”“It seemed like the time was right to get stupid again,” said Judge in a statement from Comedy Central.Judge will write, produce and provide voice over for both characters. It’s a return to animated series for Judge, who created “King of the Hill”, “Silicon Valley”, and movies “Office Space” and “Idiocracy”.“We are thrilled to be working with Mike Judge and the great team at 3 Arts again as we double down on Adult Animation at Comedy Central” says Chris McCarthy, President of Entertainment & Youth Group. “Beavis and Butt-Head were a defining voice of a generation, and we can’t wait to watch as they navigate the treacherous waters of a world light-years from their own.”The new “Beavis and Butt-head” joins another reimagined 90s series, “Jodie”, a spin-off of MTV’s “Daria”.Creator and head writer Grace Edwards will be back on the new series, focused on Jodie Landon, one of Daria’s friends from high school. Tracee Ellis Ross will voice the character that will satirize workplace culture.“With themes of empowerment along gender and racial lines, explorations of privilege, and a wicked sense of humor, “Jodie” will shine a light on the personal and professional issues young Black women face today,” said a statement from Comedy Central.No launch dates have been named for either series at this time. 1924
The judge in Bill Cosby's indecent assault trial ruled Tuesday a jury can consider as evidence the comedian's 2005 admission that he procured Quaaludes for women he wanted to bed.Accuser Andrea Constand is one of dozens of women who have accused the former TV star of drugging and sexually assaulting them, an allegation Cosby denies.Judge Steven O'Neill's decision came amid a more than hourlong hearing, during which the jury was not present. The hearing dealt with attorney-client privilege, Fifth Amendment concerns and Cosby's defense team's plans to call one of Constand's civil attorneys to the stand, as well as a toxicologist who will dispute her account of how the drugs affected her. 702
The number of people unable to make house payments on time has reached a nine-year high, according to a recent analysis of the data.Mortgage delinquencies were at 8.22 percent of all loans for the second quarter of 2020, says the Mortgage Bankers Association.At the end of June, an estimated 4.2 million Americans were on a forbearance plan, meaning they have an agreement with their mortgage lender to delay foreclosure."The COVID-19 pandemic's effects on some homeowners' ability to make their mortgage payments could not be more apparent. The nearly 4 percentage point jump in the delinquency rate was the biggest quarterly rise in the history of MBA's survey," said Marina Walsh, MBA's Vice President of Industry Analysis in a press release. "The second quarter results also mark the highest overall delinquency rate in nine years, and a survey-high delinquency rate for FHA loans."FHA, or Federal Housing Administration, loans are designed for low-to-moderate income borrowers and require a smaller down payment when purchasing a home. The survey found 15.65 percent of FHA loans were delinquent in the second quarter of 2020. That’s the highest rate since the Mortgage Bankers Association began keeping records in 1979.The survey asks loan servicers to report any loan that is not paid back according to the terms in the agreement.The high rate of mortgage delinquencies appear to be connected with availability of jobs. The five states with the largest increases in delinquency rate were New Jersey, Nevada, New York, Florida and Hawaii; all states with a high number of leisure and hospitality jobs that are now in flux because of the COVID-19 pandemic. 1669
The missing person at Lake Puru has been identified as Naya Rivera, 33, of Los Angeles. SAR operation will continue at first light. @VCAirUnit @fillmoresheriff @Cal_OES pic.twitter.com/bC3qaZS3Ra— Ventura Co. Sheriff (@VENTURASHERIFF) July 9, 2020 255