[Dec 15 2019] Foreclosure Saga - http://civilinquiry.jud.ct.gov/CaseDetail/PublicCaseDetail.aspx?DocketNo=FBTCV196091825S

[ZehnBoat]

People trying to retire but can’t because they have to keep bailing out their loser son will eventually just stop. You may not believe it but eventually the burden becomes too heavy. Personally, I do not believe they are in financial situation to help him without doing something drastic.

imagine when phil's folks croak, and phil is left with nothing from them because they used everything up to bail out their son over and over

 

[Schmeckel]

In the case of Phil's parents dying and leaving him a house with a loan on it, cant he just refuse the estate?

They might have a life insurance policy that is for AT LEAST the (then appraised) value of the home so when they finally kick the bucket, nobody is left holding the bag for the mortgage. If they've lived in that house since forever ago, and haven't done any equity loans or whatever (which they probably have, hence why daddy Dave can't retire ever), I can't imagine them owing much at all on the property. Unless they don't have Phil listed as the primary beneficiary of said policy, he'd get whatever was left after paying off the mortgage, get the property, and anything else that is in their will. Even if they didn't have enough insurance to cover what was owed on the house, I would have a hard time believing he couldn't just say "sell it, I don't even care, seewhatimean?" and he'd still get some sort of windfall from the quick sale of the house because of its value over the top of what is owed.

 

[Julias_Seizure]

It might also depend on how the will was drafted. Upon death of the parents he could be automatically named executor of the estate.

These are complicated paths I’d rather not delve down simply because I am not versed in this area. I’m sure someone else with some more experience or knowledge can chime in though.

I only really know canadian law so i might be wrong on this but im pretty sure if there were terms like that in a will they would be unenforcable, since the recipient cant consent to the terms of a will those terms would only apply if he consented to them by accepting whatevers left to him.

 

[BallBuster]

I only really know canadian law so i might be wrong on this but im pretty sure if there were terms like that in a will they would be unenforcable, since the recipient cant consent to the terms of a will those terms would only apply if he consented to them by accepting whatevers left to him.

Not if the Will was drafted with all parties present and signed upon by each. I don’t believe this is common practice but I can totally see Phil going: “okay dad, when you die I get everything. Just sign here.”

This is all wild speculation based on the notion that his parents are going to drop fat stacks on him to bail him out of his own mutually assured self destruction. Again I believe they draw the line finally tell him no.

That or I believe other family members step in and tell them to cut him off. There is no doubt in my mind his extended family knows what kind of fuck Phil is and how despite being 37 years old, is still money sucking leech attached to his parents. Aunts, uncles, nieces or nephews would no doubt see this and possibly intervene to try and get them to close their wallet.

At the end of the day, his parents are just another pair autistic wheelchair fans who don’t even watch his content and still blindly throw money at him.

 

[Regulas]

It’s ironic: All Phil cares about is money. Money money money. Now, he has a powerful entity on his ass that only revolves around money. Live by the sword, die by the sword. Poetic fucking justice if I have ever seen it.

Proverbs 28:22

“He that hasteth to be rich hath an evil eye, and considereth not that poverty shall come upon him.”

 

[King Daddy Telomerase]

That or I believe other family members step in and tell them to cut him off. There is no doubt in my mind his extended family knows what kind of fuck Phil is and how despite being 37 years old, is still money sucking leech attached to his parents. Aunts, uncles, nieces or nephews would no doubt see this and possibly intervene to try and get them to close their wallet.

At the end of the day, his parents are just another pair autistic wheelchair fans who don’t even watch his content and still blindly throw money at him.

From what's been investigated by autists, I don't think there is extended family. Just a druggy cousin that hung around for a while.

Plus, his parents have lived in a poorer area their entire lives. We know Mom hoards cats, hasn't worked her entire life, and is into charity. Dad seems as socially inept as Phil is. Sounds like a perfect storm for stubborn boomer parents that have nothing else to waste money on except their exceptional son.

 

[RoyalBlast]

Does kat know about his debts ? I can't imagine that she would want to live with someone who being sued for over 100K.

 

[N0thingICanDo]

Phil said the condo is in a "negative" part of town and no realtor will touch it with a 10 foot pole.

Well almost no realtor.

He found one guy (HE DIDN'T EVEN HAVE A WEBSITE!) who would manage the property and rent it out. Unfortunately the guy was an idiot and didn't follow Phil's instructions. Phil said never to call him and only to communicate through his hotmail account. The idiot realtor tried calling Phil and left him a message. Phil figured that since the guy couldn't follow instructions he was an idiot and he didn't want to business with him.

Phil also claimed that rentimg out the place would only get him 8 or 9 hundred a month and since the mortgage was $1200 it wouldn't be worth his time.

Well I mean he did rent it out to his late Aunt 2 years ago for an undetermined period of time. He has said this himself in the past and his aunt was paying him rent.

However, being one of the worst detractor, his aunt died and thus stopped paying, and the only thing he left for Phil to inherit is GOUT GOUT GOUT

(Yah the same aunt)

 

[BallBuster]

Well I mean he did rent it out to his late Aunt 2 years ago for an undetermined period of time. He has said this himself in the past and his aunt was paying him rent.

However, being one of the worst detractor, his aunt died and thus stopped paying, and the only thing he left for Phil to inherit is GOUT GOUT GOUT

(Yah the same aunt)

There is more proof that the condo has remained empty since he moved than there is that his aunt ever lived there. https://kiwifarms.net/threads/dsp-where-he-lives-lived.45337/

This thread has some good info on both properties.

 

[Sparkletor]

Well I mean he did rent it out to his late Aunt 2 years ago for an undetermined period of time. He has said this himself in the past and his aunt was paying him rent.

However, being one of the worst detractor, his aunt died and thus stopped paying, and the only thing he left for Phil to inherit is GOUT GOUT GOUT

(Yah the same aunt)

Some insight on this lore.

According to the story, she was giving Phil some money, but not the full amount of the actual rent. What a kind and caring soul Philip is. He let his aunt stay there at a loss. Everyone who says Phil only cares about money should be ashamed.

She was like 70 years old or something. Eventually she got too ill to live by herself and they put her in an assisted living facility until she passed away.

Phil also said they were expecting an inheritance from her, but sadly it turned out she had no money. Disregard my previous praises. Phil let her stay there in hopes he would get her money when she died. He got pissed off when it she didn't have any. What an asshole.

 

[harbinger]

Phil let her stay there in hopes he would get her money when she died. He got pissed off when it she didn't have any. What an asshole.

This explains why he was nearly in tears when he announced her death on stream.

 

[Nixxit]

According to the story, she was giving Phil some money, but not the full amount of the actual rent. What a kind and caring soul Philip is. He let his aunt stay there at a loss. Everyone who says Phil only cares about money should be ashamed.

Thing is, Phil might have tried to make himself look good saying she paid less than would be expected (No idea if you invented it or he did try), but...He had no intention to rent it to anyone else: There isn't even a loss of opportunity there, he increased his income doing that - to his 70 years old aunt.

 

[Perspicacity]

He should have let that condo go into foreclosure years ago, now it's even more worthless and all the money he payed just went towards interest. His finances are uglier than his weird atrophied chicken legs, maybe he'll get in a wheelchair and pretend to be a gimp for Christmas.

 

[DiabeticSP]

He should have sold the fucking place before getting a new mortgage halfway across the country.

He should have paid it off aggressively when he was making 200k a year.

There's a lot of shit he could have done besides 'let it sit empty' until it fucked him.

He's gonna owe HOA fees and back property taxes on it as well.

 

[Sparkletor]

Thing is, Phil might have tried to make himself look good saying she paid less than would be expected (No idea if you invented it or he did try), but...He had no intention to rent it to anyone else: There isn't even a loss of opportunity there, he increased his income doing that - to his 70 years old aunt.

I can't find the video. Know it was March 29th, 2018, but Phil deleted that pre stream because it was the same day he caught a twitch ban.
I believe the context was someone asked if his aunt paid him to live in the condo. The truth of the matter was that she paid, but only a fraction of the amount Phil had to pay. She was only giving him like $500 and that wasn't even half the rent. He was doing her a favor by letting her live there.

 

[instythot]

1. Contact the lender for your first home, tell them you'd like 90 days to sell your second home and pay off your mortgage to them in full 20 years early
2. Lease a storage unit and move everything but the necessities and stuff to make your second home look nice to buyers
3. List your second home for sale for the going rate of approximately $100-150K more than you owe on it
4. Sell your second home, use the proceeds to pay off both of your home loans
5. Use the remaining $50-100K as a down payment to buy a more modest home

DSP can still walk away from this without even having a foreclosure or a bankruptcy on his credit report.

He won't. But he can.

My prediction on this, given the advanced pigroaching we have seen up until now, is that Phil secures a representative who miraculously negotiates for a short sale during the hearings, etc. Phil lies about the outcome and wears the lucky begging shirt several times per week, cuts his showering and grooming budget by 50% and refuses to put his stable horse into the fields

 

[der rademacher]

DSP Tries It: Dropping the Soap

You Sir, are a winner. I shit you not, I'm literally crying tears of joy from laughter. Best DSP tries it since Pargon's "DSP Tries It: Yo Momma".

 

[Prof. Loco]

Is this the series finale?

 

[Pargon]

Is this the series finale?

Doubtful but when it happens I've got a ten-hour version of the CYE theme queued up and ready to go.

 

[JamFlowMan]

My prediction on this, given the advanced pigroaching we have seen up until now, is that Phil secures a representative who miraculously negotiates for a short sale during the hearings, etc. Phil lies about the outcome and wears the lucky begging shirt several times per week, cuts his showering and grooming budget by 50% and refuses to put his stable horse into the fields

Well he already tried a short sale but the confusing thing is the calculations about the short sale back in 2016-2017 are really close if not the same numbers people are using now. How has he not put even a scratch on this mortgage in years? Has he been playing games with the bank since he moved and they got fed up with his bullshit and sold it off to someone else?

Following Phil has made me pessimistic about any outcome to a financial "crisis" he is in so I have no expectations this will matter. Would like to see some kind of filing on his income, but probably have to wait for the bankruptcy saga for that one.