Nicholas Robert Rekieta / Rekieta "Law" / Actually Criminal / @NickRekieta - Polysubstance enthusiast, "Lawtuber" turned Dabbleverse streamer, swinger, "whitebread ass nigga", snuffs animals for fun, visits 🇯🇲 BBC resorts. Legally a cuckold who lost his license to practice law. Wife's bod worth $50. The normies even know.

[dont step on snack]

WAIT, IS THE MAIN BALLDO BUNKER IN FORECLOSURE???
(Or did he just not pay a few bills? Or both?)
I think I may have stumbled onto something...

The gift that keeps on giving.
But that makes it pretty clear that the worst day of his life was getting booted out of his grandfathers trustfund. He needed liquidity to afford his degenerate lifestyle, and what else but a loan would allow him to do that. Which also implies that the retard was into the lifestyle far earlier, like the weird silicon swinger ring that he wears instead of his wedding ring.

 

[Keith the Horse Fucker]

A win for the Toe!

 

[Oeselian Chad]

A win for the Toe!

He cant keep getting away with it

 

[MadStan]

Spare a thought for all the Kiwifarmers who made some sort irrational resolution to avoid KF during the holidays as the LOLCOWS had been quiet, and instead opted to spend time with their families - and they've missed this and will come back and find out in January they weren't there for when the news hit.

 

[Mr. Manchester]

Spare a thought for all the Kiwifarmers who made some sort irrational resolution to avoid KF during the holidays as the LOLCOWS had been quiet, and instead opted to spend time with their families - and they've missed this and will come back and find out in January they weren't there for when the news hit.

Let this be a lesson too, it's always a good idea to keep one eye open when things get really quiet. It's always calm before a big storm.

 

[Buck Broken Chimp]

The 50 thousand a month he spent on cocaine could have been really nice for paying his mortgage.

 

[Gobermental Supervisor]

Spare a thought for all the Kiwifarmers who made some sort irrational resolution to avoid KF during the holidays as the LOLCOWS had been quiet, and instead opted to spend time with their families - and they've missed this and will come back and find out in January they weren't there for when the news hit.

Imagine being Aaron and finding out Nick was trying to sell the shack to him because he was actually getting foreclosed on.
Aaron cannot get in front of his mic quick enough to gloat about this.

Such a juicy filet balldeu for new years.

 

[Ghost of Guntmas Past]

How much did Nick pay for that ugly ass painting again?

 

[AncientPhosphur]

He snorted up all his superchats, both his houses, his law license, his trust fund. All up his nose. What a fucking retard. At least he has the Joker painting. That's got to be worth at least half a Velvet Elvis.

That’s the funniest thing about this. Everything has been self inflicted. Rekieta stumbled upon a gold mine with his lawtube streams and then just decided to fuck off and do drugs and bang some lady with a smelly cooch. And now he’s going to lose his house. He doesn’t stream. And who know what cooch he’s getting (probably zero).

 

[MrStirFry99]

If Nick files for bankruptcy the auction will be stalled until the bankruptcy proceeding is completed. He may try to buy time that way.

The DSP sub has some kiwis with bankruptcy

DSP will outlive another. How does he do it?

By the time the foreclosure process gets to the sheriff’s sale, the person in the house is usually doomed. Because to get there, there would already have been months of negotiations over bankruptcy or other options to deal with the problem. The sheriff's sale is mostly a formality in that its a process where the holder of the mortgage almost always inevitably purchases the mortgage for a predictable amount. Others can go and bid, but are not likely to win other than in exceptional circumstances.

There is a six-month window for the owner of the property to purchase the property from the mortgage company. And Nick might be able to do that if he completes the sale of the second house. But I also wonder if the other house also has an outstanding mortgage.

If he stopped paying the mortgage a year ago, he stopped paying it right around the time the money from rumble ended.

The really interesting thing is that just about a year ago, Nick had to choose between his cocaine habit and making house payments. Because the coke he was using would certainly have covered the house payments. Yet in the worst kind of moronic hood rat crackhead logic, Nick decided not to make the house payments.

This might also explain why the house was so dirty and things like the doors under the sink were not fixed. Nick had committed mentally to losing the house early in 2024 and just didn't care what happened to it anymore.

The only thing I can't figure out is how (or why) Randazza is still on the case in these circumstances. Was Nick really so dumb that he decided that showing up Monty in court was more important than keeping a roof over his head? The only thing I can think of is that he paid a massive six-figure retainer to randazza at the start of that case that he can't take back now.

The term is redeem (as in redemption).

Just remember chat, a mortgage/deed of trust is a DEED to the subject premises and the holder of the mortgage is the lawful owner. the martgagor is the holder of the "equity of redemption."

ever read the terms? the holder of the mortgage can (visually) inspect the property anytime they want, sometimes with or without notice, the only caveat being the inspection must be at reasonable hours, 7am-9pm being considered in most jurisdictions reasonable.

You are renting the property from the bank with certain rights (rights to the equity, etc.) if there is a mortgage and you want to grant an easement, for example, you must obtain permission from the bank. this is usually evidence by a subordination of the mortgage to the granted instrument.

edit: fix scrivener's errors

 

[HungryPug]

Does the start of the 2nd mortgage line up close to the worst day of his life? Could be money needed for Caribbean whores.

 

[Gobermental Supervisor]

How much did Nick pay for that ugly ass painting again?

Big mistake to trust Nick with the claim that he actually bought it.
It is much more likely it was paid for with trust fund money. They often have extra spending options that allow philanthropism, buying art and other stuff.

 

[Mandatory User Name]

1. Get the high of all the money coming in during his height.
2. Money not coming in fast enough to buy a 90 inch tv, the wiggermobile, and a jacuzzi
3. Wrongfully think the money to will continue to come in at the rate it is.
4. Take out a second mortgage on your paid off house to buy all the stupid shit you want.
5. Money drops off
6. Youre fucked.

Nick actually believed that after wiping his ass with Rumbles contract and money for an entire year they were going to give him another 6 - 7 figure contract, he was coping about it for almost four months on stream, even believing that he would be invited to their headquarters to give them pointers. The money drying up so suddenly must have been quite a shock to his system. As for the mortgage repayments he was probably planning to put it off until the last minute with the attitude of "fun now, business later" but he'd Niggered (Wiggered?) so hard that when it came to paying off his debts he was completely "6. Youre fucked."

 

[FedPostalService]

Bad investments like "put 5K on black"?

More like “spend it on a black who will be in my wife.”

 

[anionfarflung]

Control your ADHD friend, the other shoe will drop soon enough.

Evidently!

 

[SargonF00t]

People are busy wondering what happened with all of Nick's money, we know he spends like a Nigger and is a Junkie with little impulse control and we also know that during the period of 2021 - 2022 two very big things were happening, Crypto and NFT's, did Nick go out and spend 300k on a picture of a Monkey? Is he that retarded?
Either way I think Nick bet the house on some really bad investments that ultimately went tits up.

He went in big on Hawk Tuah Coin

 

[6MillionCoofs]

Weird thing is Nick could have streamed daily talking about Warhammer or minor traffic cases and got passive income aggressively ignoring superchats calling him a cuck, it would have satisfied his humiliation fetish, and he could have taken his post-stream boner to service April.

It’s nuts how someone can fuck up this badly.

That’s the baffling thing. Dude seems to honestly like Warhammer. And yet never once decided ‘lets do videos on warhammer law because it is bonkers’

That alone would have covered him in between the big cases.

To say nothing of that fact that all of the funny intetnet cases seem like they end up with lawtubers directly involved in them so the pope would always have an in.

But no. He is just that lazy.

 

[Major]

Let it be known that Nick blowing all his money on drugs, booze, women, cars and ego trip lawsuits then almost losing his house because he remortgaged despite it being owned outright, is the sweetest, most apt thing he has ever done. Of all lolcows, he is probably one of the most consistent and consistently dumb. His personality does not have flaws, his personality is flaw.

 

[Mr. Manchester]

That’s the baffling thing. Dude seems to honestly like Warhammer. And yet never once decided ‘lets do videos on warhammer law because it is bonkers’

That alone would have covered him in between the big cases.

To say nothing of that favt that all of the funny intetnet cases seem like they end up with lawtubers directly involved in them so the pope would always have an in.

But no. He is just that lazy.

Lazy is part of it but I also think that the damage to his ego has left him scared to go on stream. He knows that he can't ignore chat being mean to him to the point where he would have to do a members only thing. Dude even shut himself out (in his mind) from talking about Warhammer stuff because he hauled off and called a bunch of people nerds.

I think his best bet would have been to switch to pre-recorded video talking about legal cases. There have been a ton of legal things going on lately too. Could have slid right in to the Gamergate 2.0 grift when Mercante dropped that lawsuit on Smash JT, didn't have to be a livestream, just a 10 minute video on why it sucks. Throw in some legal mumbo jumbo, leave a link to locals and shill a little bit. Normally I would have said that was shameless, which it would be, but I'd forgive it if his house was on the line.

So yeah, I guess he is just that lazy, lol.

 

[6MillionCoofs]

That’s the funniest thing about this. Everything has been self inflicted. Rekieta stumbled upon a gold mine with his lawtube streams and then just decided to fuck off and do drugs and bang some lady with a smelly cooch. And now he’s going to lose his house. He doesn’t stream. And who know what cooch he’s getting (probably zero).

Funnier still is the gold mind he stumbled into was bigger than any of the rest. Dude had a real talent for getting money out of people. And he just stopped.