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

[James Smith]

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?

It doesn't protect him at all. It protects the lender. If an FHA borrower defaults

1. the lender goes after the deficiency and gives the judgement to the insurer,
2. the insurer pays the lender the remaining balance of the loan, and
3. the insurer goes after DSP for the judgement amount

or the lender goes after the judgement amount itself before filing the insurance claim; the process remains similar.

DSP owes the money, the insurance is just there to make lenders more receptive to issuing loans to people with no/little/bad credit or limited means for a down payment.

 

[AnOminous]

DSP owes the money, the insurance is just there to make lenders more receptive to issuing loans to people with no/little/bad credit or limited means for a down payment.

When the insurance company pays off a liability caused by a third party, any liability isn't extinguished, but the insurance company can go after the tortfeasor as if standing in the shoes of the harmed party, a process called subrogation. DSP is merely hopeful that if the mortgage insurer has to pay off a deficiency judgment, they decide it's too much of a hassle to go after him, or at least are willing to settle for less than it's worth.

Assuming he even knows any of this, which is itself optimistic. He may be just pushing buttons, as usual. He may have paid for a lawyer's time and, just hearing whatever he wants to hear in usual DSP fashion, decided "dood the lawyer told me I just have to stop paying and nobody can go after me."

 

[MoonRocker]

I watched a segment of Snort Burnell’s new video today and Phil went into another boomer diatribe against them detractors and how we constantly peddle lies and half-truths.

It seems he was alluding to the foreclosure saga and that it’s only a half-truth that he’s being foreclosed as we “don’t have the whole story.”

Is there a possibility that he spoke to someone behind the scenes to get this resolved or is this 100% happening as @SoapQueen1 and others have explained in this thread.

 

[Adamska]

I watched a segment of Snort Burnell’s new video today and Phil went into another boomer diatribe against them detractors and how we constantly peddle lies and half-truths.

It seems he was alluding to the foreclosure saga and that it’s only a half-truth that he’s being foreclosed as we “don’t have the whole story.”

Is there a possibility that he spoke to someone behind the scenes to get this resolved or is this 100% happening as @SoapQueen1 and others have explained in this thread.

Again, I suspect he had Mommy or a really mentally handicapped member of his Pigcult to deal with the main fallout of him losing the Fucktard Flat in CT. I don't think Pig's worried beyond making sure he can pay off his golddigger wife.

 

[the khat quaffer]

Again, I suspect he had Mommy or a really mentally handicapped member of his Pigcult to deal with the main fallout of him losing the Fucktard Flat in CT. I don't think Pig's worried beyond making sure he can pay off his golddigger wife.

Yeah, he's not even remotely different at all. When he lost his adsense account we got the distraught, chair-wiggling Roach in full panic mode. This foreclosure is, objectively, much much worse. Other than callously shoving yet another tips goal onto his audience, other than banning a new ensemble of seasonal terms, it's pretty much business as usual. Complete radio silence about the $101k elephant in the room that everyone can plainly see.

I'm honestly mildly excited interested to see where this arc goes. Maybe all this foreclosure nonsense will just be another case of the planets aligning so his bed sheets get changed and ass stays wiped.

 

[millais]

I hope his unfazed reaction to the whole ordeal is the result of some misfounded and uninformed reassurance from his "tax attorney" or some other authority figure that the Pigroach trusts without reservations. Then when the very real and tangible consequences of the foreclosure begin impacting his daily life and budgeting, the shock will be that much greater to him.

 

[LordofCringe7206]

Assuming he even knows any of this, which is itself optimistic. He may be just pushing buttons, as usual. He may have paid for a lawyer's time and, just hearing whatever he wants to hear in usual DSP fashion, decided "dood the lawyer told me I just have to stop paying and nobody can go after me."

It wouldn't shock me because that's the exact same thing he did with his taxes. He gets a lawyer involved to help him with things he doesn't understand, but somewhere along the way things end up getting fucked up and Phil is left blaming everyone else for the situation he then finds himself in.

 

[AnOminous]

Yeah, he's not even remotely different at all. When he lost his adsense account we got the distraught, chair-wiggling Roach in full panic mode. This foreclosure is, objectively, much much worse. Other than callously shoving yet another tips goal onto his audience, other than banning a new ensemble of seasonal terms, it's pretty much business as usual. Complete radio silence about the $101k elephant in the room that everyone can plainly see.

The pigroach can't really grasp something that isn't immediate. The adsense account meant he wasn't going to be able to buy gin or whatever IMMEDIATELY. This is some ominous thing way off on the horizon. You'll see him panicking if stuff actually starts happening, but he isn't the kind of guy who has much grasp of the future and these things take a while to play out.

 

[That Hedonist Nerd]

There's still nothing in PACER for Dave, meaning he hasn't even taken the initial steps in declaring bankruptcy. Which he really should - if he declared bankruptcy, the house foreclosure and all other collection attempts are immediately suspended until its over.

 

[King Daddy Telomerase]

I maintain that Phil's parents paid off all/most of this is by far the likely answer.

Phil admitting that Daddy bailed him out to this level would be a crushing blow to his ADULT status.

Phil being absolutely fucked financially would mean Katherine is out the door, which Phil would be severely depressed about.

It sucks, but Phil gets away with everything forever. Such is life.

 

[killuminati]

I watched a segment of Snort Burnell’s new video today and Phil went into another boomer diatribe against them detractors and how we constantly peddle lies and half-truths.

It seems he was alluding to the foreclosure saga and that it’s only a half-truth that he’s being foreclosed as we “don’t have the whole story.”

Is there a possibility that he spoke to someone behind the scenes to get this resolved or is this 100% happening as @SoapQueen1 and others have explained in this thread.

Phil's immediate reaction to any "negative rumors" regardless of their validity is to deny and insult those talking about it. Every single time. Unfortunately for Dave, the receipts are there for this one. Nobody made this up, this is information directly from the government. This is 100% happening, regardless of whether or not he wants to talk about it. And from what we're aware of so far, he has done nothing to rectify it.

The idea that he has some big ace up his sleeve to get this settled sounds like Katshit to me. Because if he had some miracle trick play to get himself out of this all along, I can't see why he would allow the process to get this far before saving himself. If it was Mama Burnell's plan that he stop paying in the first place, the money definitely isn't coming from his parent's pockets. Just think about the shit honestly, when has fucking Darksfadil ever had a backup plan?

This is just goes back to his complacency. Since Phil doesn't live in the condo right now, it's not something that immediately impacts him. That's why there's no big emergency stream about this. Phil only cares when it hurt his bottom line today. Not two weeks or two months from now.

I like to think he took that wisdom from his buddy Tervin; "Uhm two weeks now? I could be dead in two weeks dood. Nuhuh."

 

[downwardspiral]

When is the next 24hour begathon?

 

[lavrentiyberia]

Every time you completely and thoroughly dissect Phil into a heap of ashes on the ground, it's a fresh reminder of what a pathetic excuse for an existence he leads.

and it's fucking hilarious

 

[DiabeticSP]

Fell down a rabbit hole of another asshole streamer I had forgotten about years ago. His life went to shit and he now drives for Uber or Lyft in the city of Seattle. So once Phil loses Khet, maybe he can get Crumps2 to move in as a roommate. Then you can have two guys who fritter money away while complaining about being unable to live and stream in the same house.

Holy shit is that what happened to Crumps? I liked his MPB the show streams. He was a salty fuck too so him and Dave would get along.

Funnily enough I think Crumps also got IRS audited and put on a tax plan.

 

[Kheapathic]

Holy shit is that what happened to Crumps? I liked his MPB the show streams. He was a salty fuck too so him and Dave would get along.

Funnily enough I think Crumps also got IRS audited and put on a tax plan.

Yeah, was rolling around on r/samandtolki and there was a thread about other streamers and shit, and someone brought him up. I had flashbacks of his salt and rage and bans over trivial shit; so decided to go looking... and damn... I see Crumps's now being Phil's future when he loses everything.

 

[special need's H20]

This is either finally the end or hes gonna make MacGyver look like an amateur.

 

[Schmeckel]

This is either finally the end or hes gonna make MacGyver look like an amateur.

MacGyver WAS an amateur. Did he have a degree in physics and chemistry? Of course he did! So he used those skills to do whatever it was he was able to do with a Swiss army knife and a roll of duct tape. That stuff is EASY. Doing stuff you would normally do with your degree is easy.

Doing live, reactionary commentary over gameplay is HARD. Especially when you have a business degree. It's not like there's a degree in "game playing." MacGyver had it easy. Phil tackles the Sisyphean task of rolling his tips jar up Mt Rainer so he can further cement his beggacy.

 

[PinkRibbonScars]

This forclosure stuff made me realize just how much I'm going to miss laughing at DSP when he's gone

 

[Kosher Dill]

This forclosure stuff made me realize just how much I'm going to miss laughing at DSP when he's gone

Yeah, 2075 is going to be a mirthless year.

 

[Sphadilcastro]

This reminds me of something he said during his October emergency stream. Where he mention he had a plan that he couldn't give specific information on because "legally it wouldn't make sense" and would hurt him.