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.

[Gobermental Supervisor]

House is being foreclosed on, you can no longer practice law

God himself is calling on you to stream

Will you answer it, Nick?

He already did his "eating a bullet" cope Locals stream.
He seems to have gotten smacked around for being a retard by family, friends, lawyers and possibly CPS asking tough questions about his behavior. He no longer dares to stream without explicit written majority approval by the KKK.

 

[CoomerTine]

lolcow of the year isn’t even going to be close

 

[Keith the Horse Fucker]

Last year Balldo clutched it Man-dy this year Balldo clutches it again with the foreclosure arc. THAT'S WHY HES THE GOAT

And next year, he will join the hallowed list of life-time achievement lolcows like Chris Chan and DSP. What a Jeeter-esque career.

 

[Melty Butter]

Aaron wants a trophy to display on his set if he wins the Farm's Fresh Meat award. It's at 1:42:20. Just before that he discusses Nick's law license issues (after opening the show discussing the foreclosure). Clippers, we're counting on you to capture all of this!

Edit: Fixed link

 

[Vibralldo]

He already did his "eating a bullet" cope Locals stream.
He seems to have gotten smacked around for being a retard by family, friends, lawyers and possibly CPS asking tough questions about his behavior. He no longer dares to stream without explicit written majority approval by the KKK.

We've already approved him multiple times, it's on him

Unless he's scared

 

[Buck Broken Chimp]

Nick always threw his money in everyone's face to justify his sick lifestyle so seeing him be a brokie is so funny. He is going to have a hard time begging for money online maybe he should hit the corner and beg the old fashioned way. He is also a libertarian so let's be sure to call him out for using benefits lol.

 

[Margo Martindale]

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...

View attachment 6804094
That's Nick & Kayla's address.

I'll need some translation on this, it's not my wheelhouse. It sure sounds like foreclosure.
When I was recently looking at the West Central Tribune for information on Jim Felt (my prior post), I found this, kept it open on my laptop, and only just looked closely.

View attachment 6804036
Clicking through to the details:
View attachment 6804068View attachment 6804192

View attachment 6804076View attachment 6804108
West Central Tribune Link
Edit: Fixed margins on 3rd screenshot.

THAT WHOLE PROPERTY WAS WORTH ONLY $316,000?!
I gotta buy a home in wherever the fuck that is

 

[Asian tech support]

 

[mindlessobserver]

lolcow of the year isn’t even going to be close

Bossman gets cucked out of the big pot again. It's fucking rigged bros.

 

[Vibralldo]

THAT WHOLE PROPERTY WAS WORTH ONLY $316,000?!
I gotta buy a home in wherever the fuck that is

When did he buy it?
Prices have exploded in the last 4 years.

 

[DumbDude43]

THAT WHOLE PROPERTY WAS WORTH ONLY $316,000?!
I gotta buy a home in wherever the fuck that is

no, 316k is the outstanding debt against which the house was offered as security

 

[Gobermental Supervisor]

THAT WHOLE PROPERTY WAS WORTH ONLY $316,000?!
I gotta buy a home in wherever the fuck that is

No. He took out a mortgage on the main house, owned by the "Robert Lord Trust", and likely financed the purchase of the second house with it.

The mortgage is the amount required to purchase the whore shack, and it is secured with the value of the actual main house.
Which is why now, because Lord Balldo apparently has stopped paying, they are foreclosing on the property.

From the sale the debt is paid, and the remaining money goes to the owner. (The Trust)

That is why Nick is selling the second house, to pay back the debt and keep the main house.
The main house is estimated at over $600k

 

[Vibralldo]

lolcow of the year isn’t even going to be close

Nick has more votes than everyone else combined

Back to back balldos, baby!

 

[Prokhor Zakharov]

Not sure.

For medicine, I can say "No" for sure, for law, not sure.

 

[Smashed & Slamed]

They would bankroll the fail son college, law school, small town lawyer career but not the internet lawtube one. (Plus he already had been gifted two houses by mom and dad). Maybe mom and dad cutting off the free ride was the worst day ever?

When was the Worst Day Ever TM in relation to the mortgage?

 

[MirnaMinkoff]

Did he buy the mustang in 2024 or 2023? I've lost all track of time. But if he bought it this year, when the well was clearly and obviously drying up (though of course he was too stubborn and addled to admit it), he's beyond idiocy and deep into Full Retard. At least the big fully loaded Lincoln bought just the year-ish before had some practical use for a family of 8

.

I think late 2022 has been determined so it was when he was feeling very flush and invincible, after getting $300k on the house and the Depp trial windfall. When did he buy that absurd Joker portrait? Probably two years of mortgage payments tied up in that garbage art product. That “artist” is a better Nick troll than KF.

One wonders if he paid cash for one or both vehicles. If not then maybe the rustang will get repossessed.

I think he really did think his 2022 cash flow was going to repeat in 2023 but instead he torpedoed his streaming career in order to do lots of cocaine. I now believe he was blowing $20k a month on coke. By the end of 2023 he stopped making mortgage payments.

He kicked out the renters of the other home in 2022 and then was trying to get Aaron to buy it in early 2023. When Aaron didn’t fall for it instead of getting another renter into the house, for obviously badly needed cash flow, he let April move in to it.

Maybe we need to do an actual time line but I’d bet cocaine and the super lawyer burned up most of Nick’s liquidity, plus a few very smart asset purchases like new vehicles and five figure Hollywood sign TM art.

 

[AnOminous]

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."

That's how it is in a title theory state. Minnesota is not a title theory state. Like a little under half of states, Minnesota is a lien theory state. The borrower holds the title, but the lender holds a lien against it.

In actual practice, the outcomes are about the same in both types of state.

The major procedural difference of actual importance to both borrower and lender often seems to be whether a nonjudicial foreclosure process is available. In Minnesota, it is, and it appears the lender is pursuing that approach. (The nonjudicial process is usually associated with title theory states so yet again, Minnesota has a quirky version of the law.)

 

[Shig O'nella]

I’ve tried to figure out how Nick could be this stupid and why he would have taken out a mortgage in April

Thought he only ever deposited in April.

Sorry. Lack of sleep.

 

[AnOminous]

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.

Lmao. He'd have to face the fact that even paralegal Kathryn Two-Ton is more of a lawyer than he is at this point. Even Russell Greer is more of a lawyer.

In fact, come to think of it, at this point, could he even start a stream with his "small lol firm in Minnesota" spiel any more? Usually you need more than just claiming to be a lawyer to be "practicing without a license," but he would probably be facing some possibility of prosecution if he got too drunk and said the wrong thing and veered in that direction of UPL.

Because Nick is now officially (again) not a lawyer.

 

[MirnaMinkoff]

No. He took out a mortgage on the main house, owned by the "Robert Lord Trust", and likely financed the purchase of the second house with it.

The mortgage is the amount required to purchase the whore shack, and it is secured with the value of the actual main house.
Which is why now, because Lord Balldo apparently has stopped paying, they are foreclosing on the property.

From the sale the debt is paid, and the remaining money goes to the owner. (The Trust)

That is why Nick is selling the second house, to pay back the debt and keep the main house.
The main house is estimated at over $600k

Are you sure? I know there was a mortgage on the first house at some point but I thought that had been paid off too by his parents. Then a trust was created to buy Nick a newer, bigger, mortgage free home.

I’ve never paid much attention to the details other than a trust didn’t own the first home, it was in Nick’s name, but I had assumed he had two mortgage free homes courtesy of Bob and Celeste. (Since fail son didn’t ever really work I assumed his parent hoped monthly rental income from the first house would help Nick with a monthly income that didn’t come directly from the trust.)