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

[Schmeckel]

I am going to have to debunk this extra room of furniture theory.

"Another random nudnik sent a hundred bitch here and said 'Phil, tell us about the extra room you have.' Ok. I'm going to have to address this, okay? WRONG. Debunked. Ack ack ack. Next question."

 

[AnOminous]

I'm going to need to see something to back this up. I think you are mistaken. There are multiple Wakondo tour videos where Phil goes through his entire house and I've never seen this secret room. You can look up the floor plan of these condos, there is no extra room.

Those videos would be very useful to a bankruptcy trustee trying to determine the extent of the estate's non-exempt assets especially if DSP "forgets" to mention them.

 

[Barbarism]

True, but I think most of the people who donate substantial amounts to Phil believe the conflicting double-talk and lies he shovels out. Sure, they make no sense if you really think about it, but if you're around for a decade you can find a couple hundred idiots to be "true believers" who buy that Phil is a persecuted victim.

It's the same thing we see with Chris-chan at times. I'm sure most of them donate for the "meme" or whatever, but there has to be some group of people who actually fund his misfortune.

Regardless, anyone actually giving Phil money is pants-on-head retarded, especially at this point. Part of me doubts whether or not the bank repossessing his house is going to affect his psyche, and he'll keep trodding on like he usually does.

 

[tzgnilki]

shout out to whoever flew too close to the sun with the usps tracking number

lodged a customer query to confirm delivery (the day it was posted here), was ignored by usps until today where they just sent a survey to rate their customer service

I can only assume more than one query was made

 

[Niggernerd1]

bugged finance mechanics

 

[King DDT]

To all concerned about his financial scrutiny...

Keep in mind he's a guy who since acquisition of brand new car didn't changed the oil for several years. That's the level of intellectually challenged person we are dealing with here. His best way to defend himself from any obligations is to file that he's mentally challenged and since birth can't be blamed for anything he did so far. He can go even further with that and make Kat his legal representative. That's the best he can do for his home budget, Kat and himself.... duh!

This is why I think that even if he files for bankruptcy, he's going to somehow fuck it up. He'll try and hide some tiny payment somewhere or lose it when he's told what his budget is.

EDIT: Quoted the wrong person.

 

[Sparkletor]

Tonight during street fighter there was a guy named "Midfirst Bank".

After Phil beat him he sang a song about how the stupid troll got his ass handed to him or some dumb shit.


Question is, if Phil doesn't pay attention to detractor memes and if this whole foreclosure thing is all made up by mentally ill conspiracy theorists, how did he know Midfirst Bank was trolling him?

 

[Shambler]

Tonight during street fighter there was a guy named "Midfirst Bank".

After Phil beat him he sang a song about how the stupid troll got his ass handed to him or some dumb shit.


Question is, if Phil doesn't pay attention to detractor memes and if this whole foreclosure thing is all made up by mentally ill conspiracy theorists, how did he know Midfirst Bank was trolling him?

wild guess but midfirst did have a pig icon so if phil is being ahnest (which we know he's not) that would definitely tip him off regardless

 

[Sparkletor]

wild guess but midfirst did have a pig icon so if phil is being ahnest (which we know he's not) that would definitely tip him off regardless

Alternate guess. Phil knows Midfirst Bank is a troll because he really is getting sued by Midfirst Bank for $101,679.44.

 

[MoonRocker]

Idiots have been donating/ subbing to him with messages including the words Misfirst Bank.

 

[James Smith]

Other condos in the building have sold in the past year:


DSP's unit is 600 sq ft. He can expect a foreclosure auction to earn a lot less than the price these units are selling at; homes at foreclosure auctions can go for as much as 50% of their fair market value and it's entirely possible this unit will sell reach that extreme if it's really as shitty of an area as DSP claims. If it's sold at 25% below fair market value the deficiency will be between $38K and $50.5K. His mortgage insurance carrier will probably cover all of it but can require the lender to go after him before they'll pay and can alternatively go after him themselves after they pay. It's entirely possible DSP has talked to a competent attorney and is gambling on advise that the insurance carrier will pay the deficiency and not go after him.

By the way, I've found that the lender had the option to foreclose after three monthly installments were unpaid and was required to foreclose if six monthly installments were unpaid unless a law prohibited it.

 

[DankSydePhil]

Tis the season of trolling

 

[That Hedonist Nerd]

Those videos would be very useful to a bankruptcy trustee trying to determine the extent of the estate's non-exempt assets especially if DSP "forgets" to mention them.

Honestly, I don't think they'd do anything or even care really. It's the lawyers that are really on the hook for the filing, so they are pretty thorough.

This is why I think that even if he files for bankruptcy, he's going to somehow fuck it up. He'll try and hide some tiny payment somewhere or lose it when he's told what his budget is.

EDIT: Quoted the wrong person.

He pretty much can't fuck it up. The lawyers are the ones on the hook.
One of the reasons I declared bankruptcy was because I paid my divorce settlement to my ex-wife. It wasn't much, like $10k and it was a decade ago. I gave her 3500 cash back then, and then made a few big payments. She decides, 10 years later, to pretend I didn't pay anything and I didn't have every receipt.

Now, Texas is kind of a debtors paradise. She couldn't just file some papers to attach to my house, cars, or garnish my money because she lived up north so here that's considered a 'foreign debt'. The only entities that can attach to real property or assets is the federal government and Texas state gov, that's it. But that doesn't mean I could give her the finger. She hired some law firm and they did the only thin they could do - endless discoveries. It got annoying. So I said fuck it, bankruptcy.
Now in my divorce decree it was stated that this money I owed her couldn't be defaulted on. Well, since it wasn't childcare, that was an unenforceable clause. I own a 'luxury performance vehicle'. When this stuff was going down I'd send her emails every now and then telling her "Screw that car I owned, have you seen the new BMW M8? It's unbelievable - so incredibly fast, and so damn comfortable you could drive it forever. Then a few months later I said "Nah screw that, if you can afford an Audi R8 you are doing yourself a disservice if you don't get one"

I never said I owned those cars, I just said they were awesome. At the final hearing about bankruptcy her lawyer started asking me if I owned this car, or that car, or this - I didn't even get a chance to answer before the Judge and lawyer put him in his place. It was glorious.

And then I defaulted on the structured payments after 2 months, so they just canceled the bankruptcy. And she's none the wiser. Just a tip you might want to keep in your head.

Thing is, the lawyer handled everything and made sure everything was done right. The only thing we could have done to fuck it up is A. Not pay the monthly amount for the chapter 13 or B. Not report an income increase or decrease immediately to the lawyer. And they make it known that you might be able to not say anything for a year or so, but if the court finds out and then comes to you it's a big ass 'possible jail time' perjury thing. So I doubt Dave would fuck it up - especially since he has more riding then some bitch exwife, he's got the balance of a $101,000 loan. And Washington is A-OK with foreign debt being attached to in-state.

Other condos in the building have sold in the past year:
View attachment 1061285
View attachment 1061286
DSP's unit is 600 sq ft. He can expect a foreclosure auction to earn a lot less than the price these units are selling at; homes at foreclosure auctions can go for as much as 50% of their fair market value and it's entirely possible this unit will sell reach that extreme if it's really as shitty of an area as DSP claims. If it's sold at 25% below fair market value the deficiency will be between $38K and $50.5K. His mortgage insurance carrier will probably cover all of it but can require the lender to go after him before they'll pay and can alternatively go after him themselves after they pay. It's entirely possible DSP has talked to a competent attorney and is gambling on advise that the insurance carrier will pay the deficiency and not go after him.

By the way, I've found that the lender had the option to foreclose after three monthly installments were unpaid and was required to foreclose if six monthly installments were unpaid unless a law prohibited it.

I was wondering if he even had PMI, because that place was cheap enough that 20% down wouldn't have been that hard. But that's before he hit his YouTube peak, and it sounded like an impulse buy so I wonder if he had it all to put down. Actually I could go find out if it was an FHA loan too if I wanted to but I don't care that much.

 

[James Smith]

I was wondering if he even had PMI, because that place was cheap enough that 20% down wouldn't have been that hard. But that's before he hit his YouTube peak, and it sounded like an impulse buy so I wonder if he had it all to put down. Actually I could go find out if it was an FHA loan too if I wanted to but I don't care that much.

He only put about 3-4% down so it's extremely likely that the previous comments by @Bryan Dunn indicating it was an FHA loan were accurate. Those require PMI even once you pass 20% equity.

 

[Vivica A. Fox]

And like, you know Phil will throw his mom under the bus for giving him such a stupid suggestion to get foreclosed upon. He did nothing wrong, as always. It was his dumb nudnick detractor mom.

 

[AnOminous]

Honestly, I don't think they'd do anything or even care really. It's the lawyers that are really on the hook for the filing, so they are pretty thorough.

Hard to be thorough when your client lies to you.

 

[Adamska]

Idiots have been donating/ subbing to him with messages including the words Misfirst Bank.

They might actually pay off 1/10th of the debt if Pig could be fucked to actually ration his money correctly. That is how desperate for attention these wastes of sperm are.

 

[actually]

He only put about 3-4% down so it's extremely likely that the previous comments by @Bryan Dunn indicating it was an FHA loan were accurate. Those require PMI even once you pass 20% equity.

What are the chances the PMI protects him completely? Meaning: PMI covers the deficiency and then the insurer doesn't try and recover any of the money from the manlet making $100k+ a year who willfully stopped payments?

 

[Schmeckel]

What are the chances the PMI protects him completely? Meaning: PMI covers the deficiency and then the insurer doesn't try and recover any of the money from the manlet making $100k+ a year who willfully stopped payments?

What makes me wonder is what methods the lender tried to help save the loan. Under fha loans, they have several options (like loan modification and shit like that) to try and keep the homeowner in the property. If Phil just told them to fuck off, that may be why they are pushing this super hard like this. There might be some sort of language in the fha loan terms that says "if you don't pay, your mortgage insurance doesn't do shit for you."

Come to think of it, I don't know how I works if an fha loan is purchased by another bank. Like, if it still stays fha status and carries all the benefits the mandatory insurance gives. Perhaps this foreclosure process is just a formality since there IS insurance and depending on the amount of the deficiency, the insurance may either cover it or cover enough of it to make the ACTUAL deficiency owed by Phil a great deal lower.

 

[tzgnilki]

What makes me wonder is what methods the lender tried to help save the loan. Under fha loans, they have several options (like loan modification and shit like that) to try and keep the homeowner in the property. If Phil just told them to fuck off, that may be why they are pushing this super hard like this. There might be some sort of language in the fha loan terms that says "if you don't pay, your mortgage insurance doesn't do shit for you."

Come to think of it, I don't know how I works if an fha loan is purchased by another bank. Like, if it still stays fha status and carries all the benefits the mandatory insurance gives. Perhaps this foreclosure process is just a formality since there IS insurance and depending on the amount of the deficiency, the insurance may either cover it or cover enough of it to make the ACTUAL deficiency owed by Phil a great deal lower.

this guy thinks he can just use his mortgage insurance cause he would rather pocket the money