Chris and his finances: An in-depth review of his debt

[Ron_Swanson]

Well he has spent a metric fuckton on The Simpsons Tapped Out.

Word. Everyone who accepted him in that game can see how he has ALL of the paid content. We did the math when it was mentioned the first time, and it was about $1200 or so. That was MONTHS ago, before several updates where you could go really crazy spending. I wouldn't be surprised if his total is over 2k now. I DOUBT that's the only iOS game he spends on, so maybe he has a dedicated card for those.

After reading this thread I feel real good about my total debt being under 4 figures. Cheap college is a lifesaver, no question.

 

[likeabadgirlshould]

Tldr: chris, dumbass, child, can't handle money. No real logic at all to dissecting this fact. It is so obvious.

 

[DEAGLE 4 LYFE]

Seriously, Chris could do that two or three months just without buying any new video games or Legos. Most people would do that no problem (especially if they had a fucking backlog of games they'd never played), but it might as well be impossible for Chris.

Very hard to do it in months, but a non-manchild with a HS degree and a fakey college certificate could get a job flipping burgers and be above water in a year or two. To say nothing of selling whatever games/toys that survived the fire. Plus he could pick up a few bucks sellin art to weens.

The real crisis will be when Son-Chu dies. No way he'll be ble to make auto payments, and I don't know what's within walking distance of his house.

 

[Lively Weather]

I wonder if he had better spending control if he was going to be able to live independently. I think 800 a month can get you a place to rent in Nowhere Virginia and with income low he wouldn't have to be taxed. You would have to make sure the place's utilities were paid by someone else and he only had to pay say 500 a month but maybe it would've worked.

 

[Le Bateleur]

Seriously, Chris could do that two or three months just without buying any new video games or Legos. Most people would do that no problem (especially if they had a fucking backlog of games they'd never played), but it might as well be impossible for Chris.

Chris' income is probably between $800-1000 per month. Even if he didn't spend a cent and his mother bought all his food for him, it'd take 7-9 months to pay back $7k at zero interest.

 

[Tubular Monkey]

Who or What is in Borb's wills?

"Don't touch ma treasures, an' never talk to *****rs."

 

[CWCissey]

I don't know what's within walking distance of his house.

This is Chris so nothing is within waddling distance.

 

[Tragi-Chan]

All this discussion of how the is untouchable reminded me of something from the distant shores of childhood.

The tugboat, for its size, is the most powerful craft afloat...

That was basically my favourite show as a kid. Maybe we should introduce this series to Chris, it's quite popular among aspies. I look forward to the first appearance of Tug-Chan, an honest, creative, strong tugboat who is just too darn shy to talk to the pretty lightships.

 

[4Macie]

[QUOTE="4Macie, post: 242801, member: 1184"Chris claimed to be selling that drawing for debt paying money, but we all know that's not true. He was probably never even going to tell Barb he got the money.

I wonder if Chris sold Bob's violin, how was he going to explain to Barb it's sudden disappearance? I assume Barb knew of it's existence and wouldn't want him selling it to buy Legos.[/QUOTE]
No, he didn't sell it. According to the ween insider I got info from, Chris believes that got removed from Ebay for having a "famous name" in the title. He truly thinks it got removed either A) because his name was associated or B) because it had Strad in the name; not even considering that there are hundreds of other sales with Strad, or the person's name, in the title or description. They were both removed because he had one that was illegal; it happens sometimes with ebay that if one listing is removed for having a negative attribute, all their listings are removed.

 

[qld]

If Chris is making payments on his debt, he should use that money to declare bankruptcy instead. Then it should be relatively easy for him to open up several new lines of credit and then ignore those debts.
I took a friend to a court hearing with a creditor that had won a judgment against him. The creditor's attorney didn't even waste his time going into court, he met with my friend outside beforehand and asked him for his disability letter and if he owned any property. He was disabled and owned nothing, so the attorney told him he might get called back to certify his income in a couple of years, but it would eventually fall off since he had nothing for them to garnish or put a lien on.
So who is going to organize the collection to pay for the bankruptcy attorney and filing fees for Chris?
It will be the most effective way to maximize the number of legos we can put in Chris's hands, for under $1000 we can enable him to gain access to thousands more in credit after the bankruptcy is successful. All Chris has to do is choose an attorney and we can deliver our collection straight to them and the bankruptcy court in the form of money orders filled out with the relevant names, no chance of him misusing our funds.

 

[4Macie]

If Chris is making payments on his debt, he should use that money to declare bankruptcy instead. Then it should be relatively easy for him to open up several new lines of credit and then ignore those debts.
I took a friend to a court hearing with a creditor that had won a judgment against him. The creditor's attorney didn't even waste his time going into court, he met with my friend outside beforehand and asked him for his disability letter and if he owned any property. He was disabled and owned nothing, so the attorney told him he might get called back to certify his income in a couple of years, but it would eventually fall off since he had nothing for them to garnish or put a lien on.
So who is going to organize the collection to pay for the bankruptcy attorney and filing fees for Chris?
It will be the most effective way to maximize the number of legos we can put in Chris's hands, for under $1000 we can enable him to gain access to thousands more in credit after the bankruptcy is successful. All Chris has to do is choose an attorney and we can deliver our collection straight to them and the bankruptcy court in the form of money orders filled out with the relevant names, no chance of him misusing our funds.

.... are you special? Chris makes too much money, it wouldn't benefit him at all to declare bankruptcy. Yes, he might lose his debt, but he would lose his tugboat too. Once he files for bankruptcy, any debt collectors are able to touch his valuable tugboat to try and compensate for him not paying. That means he wouldn't see it for years, if not ever. Chris isn't even close to be homeless or out of money, he just doesn't have money for a fuckton of lego... and that makes him upset. Having 8-9k in debts isn't even that bad for most people in America... it's just that Chris's only income is the tugboat, so in a way, everyone else is already paying his debts off for him. Congrats guys.

 

[Marvin]

Also, I like his typo in his first name there.

Christia is his tomgirl name, I'm sure. (Or maybe it should be Crystal... then he could have three Crystals in the family)

 

[DeadMansHand]

.... are you special? Chris makes too much money, it wouldn't benefit him at all to declare bankruptcy. Yes, he might lose his debt, but he would lose his tugboat too. Once he files for bankruptcy, any debt collectors are able to touch his valuable tugboat to try and compensate for him not paying.

http://www.ssa.gov/OP_Home/rulings/oasi/41/SSR79-04-oasi-41.html

No, they can't touch the tugboat. Only tax debts and child support. Bankruptcy doesn't affect SSI or SSDI at all.

 

[CWCTime]

I had no idea it was so straightforward to get third-party credit data in the US. Here in the UK it's a hassle to get hold of your own records.

Well, it's straightforward but I have no idea how Sage of the Desert looked it up with "valid permissible purpose". The only information you really need is name, address, social security number, date of birth, and current employer/landlord information (which obviously isn't applicable in this case).

However, if you're performing a check on someone else's credit, then you additionally need one of the following (which I don't think anyone actually verifies at any point):

• their written permission
• the purpose of the check to be one of a handful of "permissible purposes"

I spoilered more (boring) info on this below, but "looking it up for the lulz " is not included in the list of permissible purposes.

Spoiler: legalese

Examples of Permissible Purposes for Pulling Your Credit Report

There are very few: in response to a court order, in connection with an employment application and when a consumer actually applies for credit or insurance.

If you do not initiate the transaction, then a credit card company may only pull your credit report if they are making you a “firm offer of credit,” which is definitely quite a bit more than those endless letters from credit card companies telling us that we’ve been “Pre-Approved”, but we have to fill out an application anyway.

Persons or companies who pull your credit report must certify that they are pulling it for a permissible purpose. If a company pulls your credit report for a permissible purpose and then uses it for an impermissible purpose, then that company has violated your rights and the law. Companies may only pull and use your report for a permissible purpose.

In general, you need to pull your credit report and inquire into any credit entry for a credit card company, a finance company or an insurance company you do not recognize. It may well turn out that some company has pulled your credit report without your permission and without a permissible purpose.

in Missouri, a personal finance class is a graduation requirement, must not have been in VA as of 2000

In the public high school I went to in PA, the required senior curriculum included a bare-bones personal finance primer, but it wasn't its own course, it was about 1-3 weeks of material which was shoehorned into the civics/social studies course. This was 2005 and it was clearly new to the staff then, so chances are that in 2000 it wasn't common anywhere else either.

 

[Yukon Cornelius]

"The point is ladies and gentlemen that greed, for lack of a better word, is good."

 

[qld]

http://www.ssa.gov/OP_Home/rulings/oasi/41/SSR79-04-oasi-41.html

No, they can't touch the tugboat. Only tax debts and child support. Bankruptcy doesn't affect SSI or SSDI at all.

Yep, his tugboat can only be garnished for Federal debts. So if he really thought about his situation, he would be better off paying to declare bankruptcy and then racking up additional thousands in debt, or just ignoring the debt he has. He really has no incentive to pay off his debt, except he's stupid and is probably putty in a debt collector's hand to be bullied into payments and promises.

 

[deeman]

Christia is his tomgirl name, I'm sure. (Or maybe it should be Crystal... then he could have three Crystals in the family)

But he hasnt changed his Facebook name to it, or is it some kind of trick or a short period he was going to defy THE BEAR and change his name but for once, changed his mind for the better?
Edit: The real question should be, have we seen any more of this "Christia" thing used by him?

 

[Marvin]

But he hasnt changed his Facebook name to it, or is it some kind of trick or a short period he was going to defy THE BEAR and change his name but for once, changed his mind for the better?
Edit: The real question should be, have we seen any more of this "Christia" thing used by him?

Oh no, I was just joking. Christia was just a typo or something on someone's part.

 

[deeman]

Oh no, I was just joking. Christia was just a typo or something on someone's part.

Oh, i missed that, you see, i tend to believe anything about Chris nowadays. Nothing surprises me. sorry for derailing the thread, but we ARE on the issue here (it should be in the random question thread) but his tomgirlname was Kaka, right?

 

[Tubular Monkey]

The Simpsons wasn't far off when Bart got a credit card for his dog. All they really want is an address where they can mail your bill.