In fact, the opposite is true. It is my belief that the prison industrial complex does exactly what it is designed to do: disappear and kill precisely those people who present the greatest threats to State power (people of color, the poor, social and political dissenters, non-citizens, and youth).rison Industrial Complex (PIC) is a term we use to describe the overlapping interests of government and industry that use surveillance, policing, and imprisonment as solutions to what are, in actuality, economic, social, and political problems..
A foreclosure remains on your credit report for 7 years, but its impact to your FICOÂ® score will lessen over time. While a foreclosure is considered a very negative event by your FICO score, it's a common misconception that it will ruin your score for a very long time. In fact, if you keep all of your other credit obligations in good standing, your FICO score can begin to rebound in as little as 2 years.
In the case of unsecured loans, there is no collateral (property) that can be taken. Generally you have a grace period of up to 30 days to pay on a credit card or other personal loan, but in some cases missing a payment by even one day can cost you.hile the process varies from state to state, you will usually be in default on this type of loan after 150 days of nonpayment. Although foreclosure normally takes 2 to 18 months after you default, some foreclosures can take two years or more.