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There's a problem, though, with Helbert's whole operation: a nonprofit housing counselor might have gotten Bond the same result without charging her hundreds of dollars. In fact, many of the flashiest benefits these new walk-away companies advertise are ones homeowners can procure on their own. Are you willing to pay someone to force the bank to stop harassing you with phone calls? O.K., but you can achieve the same result for the cost of a stamp by sending a letter citing the Fair Debt Collection Practices Act, which says lenders can call only if they're taking...

Author: /time Magazine | Title: Walking Away From Your Mortgage | 6/19/2008 | See Source »

...figure was 18% for college men in the late 1940s, according to the seminal 1953 book Drinking in College. We think of the midcentury as a gin-soaked era, but when the Drinking in College authors asked students whether they had suffered an "accident or injury" as a result of alcohol (without defining precisely whether that meant only physical injury or also alcohol poisoning), only 6% of drinkers said they had. The figure has now more than doubled...

Author: /time Magazine | Title: Should You Drink with Your Kids? | 6/19/2008 | See Source »

...social host" law, the most sweeping change in American alcohol-enforcement since Prohibition. Social-host laws make residents over 21 responsible for any underage drinking that occurs at their home. The laws vary, but those who break them can be fined, forced to pay for police costs that result from underage drinking or even jailed. Twenty-four states and more than 100 local jurisdictions have passed such laws, the majority of them in the past five years. Many of the laws make no allowance even for parents to drink with their own kids; of the 55 social-host laws passed...

Author: /time Magazine | Title: Should You Drink with Your Kids? | 6/19/2008 | See Source »

...another result was surprising: if kids actually drank with their parents, they were about half as likely to say they had drunk alcohol in the past month and about one-third as likely to say they had had five or more drinks in a row in the previous two weeks. As Foley and her colleagues wrote in a 2004 Journal of Adolescent Health paper, "Drinking with parents appears to have a protective effect on general drinking trends...

Author: /time Magazine | Title: Should You Drink with Your Kids? | 6/19/2008 | See Source »

...affect national powers on taxation, and a promise to use the Croatian accession treaty to restore the one-commissioner-per-country rule. The Irish would then vote again on the Lisbon treaty next summer. But that would be risky: the E.U. would appear arrogantly dismissive of the June 12 result, and the Irish could vote no again...

Author: /time Magazine | Title: Dealing with Ireland's No | 6/18/2008 | See Source »

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