Sunday, February 21, 2010

Raid Hard Drive Recovery

Today data recovery is a multi-million dollar industry. The number of data recovery firms out there seems to exceed the number of hasty food restaurants for the entire planet. These companies specialize in helping their clients retrieve data on anything from hard drives to flash-roms. In the following describe, we will discuss what data recovery really is; the different types, the costs, and what you can realistically inquire when it comes to getting your data recovered.

What To Do In The Event Of Data Loss?

Around 44% of all data loss is caused by hardware failure. It's vital to execute obvious that you immediately shut your system down if you suspect that hard drive has crashed. Don't even try to go through the shutdown device, fair pull the trail from the wall. Do not try to hurry off the shelf data recovery software or drive utilities. Many times these applications will select the drive is functioning properly and will increase the risk of permanent data loss.

Types Of Hard Drive Failure

When we discuss data recovery in this characterize, we will primarily focus on issues surrounding hard drive failures; since these types of failures are most well-liked. There are really two vital forms of failure in a hard drive, logical and physical. Logical failures are usually a result of file-system corruption. This can occur due to a virus, accidental deletion of key files or registry components, and in some cases even electro-static discharge. In most cases where a logical failure has occurred, the drive is collected recognized by the system BIOS, but it will not boot. In most cases, your data should composed be intact on the drive, even though it may appear to be inaccessible.

If the system BIOS does not detect the presence of the hard drive, then chances are a physical failure has occurred. Physical failures can result from a wide variety of causes. There are really two sub-categories for physical hard drive failures; mechanical and electronic. Mechanical failures usually result from a failure of the spindle motor. Spindle motor failure can result from excessive heat due to a bearing failure. The increased heat resulting from the bearing failure will expand the drive shaft and therefore acquire the spindle motor. Suddenly, your drive will become inoperative. Occasionally, you will find a warning that something unpleasant is about to happen. You may hear a loud whining, a grinding noise, even high-pitched screeches. If anything like this starts to occur, attend UP YOUR DATA IMMEDIATELY.

Another physical converse that sometimes rears its frightening head is an electronic failure. If you survey at a hard drive you will examine a circuit board on the bottom. This board is basically the brains of the drive, and it is where the computer interfaces to the hard drive. An electrical failure can occur unexpectedly at any time. Even trace current hard drives are not totally immune to having electrical failures. Sometimes it's objective a rank component, sometimes it's infamous installation (i.e. electro-static discharge, grounding out the board, damaging circuitry during installation) . It's famous to also withhold your system natty and well ventilated, since excessive heat can wound the electrical components on the drive. If you have a system that is in a somewhat contained space, you may survey at adding an additional 80mm fan to icy the internal components of the system, especially the hard drive. No other component of a computer works as mighty as the hard drive, and therefore it is vitally notable not to overlook it when cooling issues arise.

How Is My Data Recovered?

One of the most often asked questions that customers ask is, "how do you gather my data support? " Well, it's really not shaded magic or rocket science. It's unbiased a matter of having the suitable tools and the knowledge principal to know what to do, mighty like a surgeon performing heart by-pass surgery. Many prominent data recovery facilities have a big array of hardware, software and tools for recovering data.

Generally speaking when a hard drive is received by a data recovery firm, the first thing they do is evaluate it, and choose what recovery solution will be important. If the drive failure is a logical express as mentioned earlier, then a scan of the drive will be performed to try and repair the file system corruption. Sometimes a partition can be repaired and the drive restored to the area that it was before the failure. If this is not possible, then a very low-level scan will be performed that essentially searches every sector of the hard drive for files. Once the files are located, they can then be copied to the media of choice, i.e. a CD-ROM, DVD-ROM or another hard drive. Logical recoveries can buy up an huge amount of time, especially if the drive is on the verge of physical failure. It's not unique to allow for one day of scanning and a day for recovering the found files.

If the drive has suffered a physical failure, then the recovery way is quite a bit more inspiring. As mentioned above, there are really two sub-categories of physical failure; mechanical and electronic. An significant element in recovering data from a physical failure is having the valuable parts to bag the drive functioning again. Unfortunately with hard drives if you have a 20GB Maxtor Hard Drive for example, then you will need another identical 20GB Maxtor Hard Drive for salvaging parts. In cases where the electronic circuit board has failed on the hard drive, then you have to have the accurate same circuit board on hand in order to retrieve the principal circuit components for replacement. Many times you cannot even exchange circuit board for circuit board. These repairs generally require soldering skills and a thorough knowledge of electronics to be successfully completed. You will most likely hear "Class100 spruce Room" thrown around a lot when talking to data recovery professionals. Simply stated, a Class100 neat Room maintains exceptional air purity, and contains less than 100 airborne particles larger than 0.5 microns in each cubic foot of air. This is essential in protecting sensitive internal components of hard drives. Anytime a hard drive is having an invasive way performed on it, a Class100 natty room or better is needed.

The time frame for recovery is generally 5-10 business days for physical issues and 2-4 days for logical issues. Sometimes if components are not readily available, then it may pick weeks to complete the recovery. Some firms offer expedite service and you definitely pay for this added attention.

Sunday, April 5, 2009

Home Equity Loan: FAQ

Home Equity Loans are a potentially money-saving option for homeowners who want to consolidate debt and/or turn some of their bad credit into good credit. The possible tax deductions on home equity loans make them potentially useful for debt consolidation, since other personal and consumer loans typically have no tax deductions and higher interest rates. A home equity loan can also be used for home improvement purposes, and certain tax advantages can apply.

According to current home equity statistics from the U.S. Census, approximately 7.2 million Americans obtained home equity loans in the past year. However, not all loans are right for everyone. It is important to decide which type of home loan is the perfect fit for you. To be sure that you are making a confident financial decision before you sign on the dotted line, read on for answers to frequently asked questions (FAQ) about home equity loans.

FAQ: Are Home Equity Loans (HEL) and Home Equity Lines of Credit (HELOC) the same thing?

A: No. Although both of these loans are of second mortgages, a HEL and a HELOC have some important differences. With a HEL, you receive a lump sum of money, while a HELOC works more like a line of credit.

The interest rate on these loans also works differently. Home equity loans generally have a fixed interest rate, but according to bankrate “almost always carry fees and closing costs, which many lenders do not generally charge for credit lines.” While home equity lines of credit may be free of some of these costly up-front fees, keep in mind that they are also variable rate loans, which means that the interest rate can change over time, according to the prime interest rate set by the Federal Reserve.

When choosing between these loan types, ask yourself whether receiving your loan all at once or having access to a line of credit works better for you.

FAQ: What Is a Loan-To-Value Ratio?

A: The loan-to-value-ratio is the difference between the amount of your current mortgage and the newly appraised value of your home. This ratio will be figured into the loan terms of your second mortgage.

FAQ: Is Home Refinancing a Better Option Than A HEL or HELOC?

A: That depends. If you decide to refinance your current mortgage, you may be able to obtain a lower interest rate, which means lower payments, and the possibility of a cash-out refinance.

Obtaining an interest-only refinance is also a possibility. However, while an interest-only lowers your payments, it can also lower the equity in your home and, says CFA for bankrate, Don Taylor, “only makes sense for people who don’t plan on being in the mortgage or house for a long time.”

If you are happy with the interest rate on your current mortgage, it makes more sense to consider a HEL or HELOC, especially since it is possible to refinance your first mortgage as well as your second in the future if interest rates do take a dip in your favor.

FAQ: What Is a Subordination Clause and how does it relate to a HEL?

Depending on the lender, a subordination clause or agreement most often means that before you can get a second mortgage, the first mortgage company must agree to allow the second mortgage to be placed in first lien position. The new loan then has the priority in case of a foreclosure.

This is especially important down the road if you pay off your first mortgage, because the lender in charge of your second mortgage can then write a new first mortgage and place that in first lien position, which will help protect your interest rate, since the rate for second mortgages is higher.

Terms of subordination clauses can vary by lender, so it is important to have a discussion with yours before entering into any agreement.

Being an informed consumer is the first step toward making sure you get the right loan for you. Be sure to talk to your lender and weigh your options carefully before making a final decision.

Aura is an aspiring free-lance writer who has written many home equity mortgage related articles. She was the Co-Editor of The Driftwood, a college newspaper published at Point Loma Nazarene University. You can read more of her mortgage loan articles at and get more information about debt consolidation loans at Mortgage Loan Quotes To learn more about cash out home equity refinancing, visit the Home Equity Loan Center. If you need more information about 2nd mortgage rates, please visit, Second Mortgage Quotes

Saturday, April 4, 2009

Settlement Agreements - Language

Often creditors will try to sneak in language that is undesirable. Among the most common tactics is to say that the debt is "forgiven," or something similar. Such language creates tax liability for the consumer.

This is very common following a bankruptcy, where a creditor continues reporting-erroneously-that a balance is owed and that a debt is in arrears and/or is a collection account. In that case, any settlement agreement should clearly state that a debt was written off in bankruptcy. Any language implying that a debt is "forgiven" enables the creditor to generate a 1099 at the end of the year, which it will provide to the IRS. It's best to specify in the agreement how any settlement amount will be reported to the IRS; otherwise the creditor will likely report it as income paid to the debtor, and the debtor will be required to pay taxes on said income.

Other language that I would always object to is something that doesn't provide a full mutual release. Only a full, mutual release is acceptable, and one that will offer additional remedies for refurnishing to the bureaus.

The following additional language can be useful, since it extends the release a step further: "Release Effective notwithstanding Discovery of Additional Facts. The Parties fully intend that the aforementioned releases are valid, effective, binding, and enforceable in accordance with their terms and the other terms of this Agreement, notwithstanding the possibility that any Party may hereafter discover facts, which, if such facts had been known by it as of the [Closing Date of this Agreement], may have materially affected its decision to enter into this Agreement, and accordingly the Parties hereby waive the benefits of any state or federal statute, law, order, or rule that would provide to the contrary."

Court Endorsement

The NCLC recommends that settlement agreements be signed by a judge whenever possible, yet this would depend on whether it is permissible in the jurisdiction and may also depend on the status of a case (this assumes that litigation has commenced). If any problems arise with the opposing party, the weight of a court-approved settlement would be helpful in convincing a credit reporting agency to comply with any terms contained within it.

I got my free credit report at, it is hands-down the most reputable credit report company online. Customer testimonials and feedback have been excellent for this company.

Saturday, March 28, 2009

The Reference Desk Guy

Being in the library geek, a book worm, the four-eyed man, I am very eager to share to you information I know that I have gathered from every corner of the library where I worked in before. Well, I had free time to read some.

In this blog I will be focusing more on financial and health matters. I might also discuss some laws if I believe I am knowledgeable on a certain law.