[16-Jan-2020] DarksydePhil is filing for bankruptcy (general thread) - and has officially done so on January 31 2020, meaning a lot of his finances have become public

[PutridElephant]

Is this strategy by the lawyer to try bargaining with the judge? I can't believe this is a serious document.

I'm not autistic enough to contact Ms. Shuffield, but how I wish someone would.

I wonder if she actually cares. If she only gets $1200, she will probably do the bare minimum.

 

[tzgnilki]

Is he including his house payment in that because he works from home?

for his mortgage payment, by law he can only claim it as a business expense based on $5 per square foot up to 300^2 ft

his office is a bedroom but he's claiming $1800?

$1800 comes out to 360^2 ft or 33m^2, over the threshold and a lie because his "office" isn't that big

 

[Pubic Enemy #1]

A $9,086.95 expense in July 2019

View attachment 1124359

Taxes? Wedding? Both?

 

[Agent Proper]

Taxes? Wedding? Both?

Taxes? He claimed he hasn't paid any taxes in 2019 at all.

 

[DiabeticSP]

How does he only have 3k in furnishings....

And no electronics? He owns at least 2 TVs that aren't 'in the office'.

Its just... so odd. Everything about it.

He lists 600 dollars in cash but 400 dollars in his bank account. Who the fuck has 600 in cash laying around.

But at least it appears true his bank account IS INDEED often overdrawn.

 

[N0thingICanDo]

How in the FUCK is he trying to justify 5000 dollars in business expenses per month?

"Ughhhh I was streaming WWE 2k20 and trying to make my personalized wrestler looking like my idol Hogen, so in order to familiarize with the character for my streaming audience I went to my mobile game WWE champion and spent 5k to pull a golden Hogen card, okay?"

*wet snort*

 

[Tobias]

The only way any of the numbers Phil is pulling out makes sense is that he got a hold of LanDUI for the write up and it got forwarded to the other lady.

 

[Agent Proper]

He isn't listing his PayPal accounts.

 

[Prince Lotor]

All his claimed routine personal living expenses are: his monthly mortgage on the Wakando of $1,800 + $360 home maintenance + $150 Electric bill + $25 Water bill + $600 food bill + $100 clothing/laundry + $100 Entertainment + $500 Federal backtax payment + $380 car payment + $160 Phone Bill + $100 Misc. & Personal Hygiene + $100 for Jasper(his cat) equalling $5,112 per month!

I find it very suspicious that his routine personal living expenses and his average monthly 'Business Expenses & Necessary Operating Costs' is almost exactly the same amount as this list. I believe he is claiming most of these personal living expenses as business expenses because he pignosis'ed himself into thinking that was legit.

He takes the $9,234 average Gross Monthly Income from his business, subtracts $5,244 of average monthly 'Business Expenses & Necessary Operating Costs' from his gross Income, claims the remainder amount of $3,990 as his "Income", adds that to Kathy's income from Fred Meyer to claim a total household income of $5,077. . .and then claims his monthly household net income is -$35 by subtracting his 'Personal Living Expenses' from their combined household income. .for many of those expenses he is subtracting them twice as both a business expense and a monthly household expense. He did this to cook the books on his Income so he would qualify for Chapter 7 instead of having to be on a repayment plan and a court approved budget for 5 years.

PHIL BURNELL LIED ABOUT HIS INCOME TO QUALIFY FOR CHAPTER 7. He claimed average monthly personal expenses as business expenses. He then asserted that there was absolutely no need to do a means test to see if he qualified for Chapter 7 bankruptcy

Edit: @Bryan Dunn you read correctly, according to his filing Phil brings in $3,990 above his entire household's monetary needs per month. I'm assuming that's plenty for minimum payments on credit cards + WWE Champions. There in black & white is how Phil has a $40,000+ WWE Champions account.

Also $0 in charitable donations in the last 2 years.

He also refused to name his wife! Part of the form asks 'Do you have a spouse?' Phil responded 'Yes'. The form then says to list them and Phil left it blank. I had to protect my family dood

 

[DiabeticSP]

He isn't listing his PayPal accounts.
View attachment 1124411View attachment 1124412

Do we know if he keeps money in the paypal? Maybe it filters to his bank automatically and then right out to his multiple debts?

 

[Pargon]

So, what is the lawyer's liability, if any, putting their name on this farce of a document?

 

[Slimy Time]

This nigger lied to about not having any electronics on an official filing of bankruptcy? I don't know which reality I want to come true. Do I want the pigroach's ability to survive anything to beat out the government and courts, or do I want his luck to finally run out in the most glorious way possible?

 

[ReentryPhantom]

Why on God's green Earth is he not claiming his tips?

 

[Martys_not_smarty]

So what document can we expect next? A notice of form received by the court or straight to judgement?

 

[tomstone]

He isn't listing his PayPal accounts.
View attachment 1124411View attachment 1124412

love how he put 601$ cash. pretending to be so honest by even declaring 1$

 

[Dumpster dived waifu]

Do we know if he keeps money in the paypal? Maybe it filters to his bank automatically and then right out to his multiple debts?

The court will still want to know so they can check if thats true themselves.

 

[AnOminous]

Probably a question @AnOminous. Can a Bankruptcy court order you to cease certain behaviors that are harming your financial dealings? Like Gambling or playing shitty mobile games?

Yes. It's not a court of general jurisdiction so it can't straight up force you to do anything, but it can kick you out of the sanctuary of bankruptcy back into the cold cruel world of foreclosure and debt collection, hold you in contempt like any other court, or refer the matter for criminal prosecution if you persist in foolishness like DSP is opening with.

 

[actually]

I'm proposing a "bankruptcy questions" thread. That way, the questions can be answered in one place by our resident experts. Have to be a parent now, but I'll set it up later.

 

[Providence Backing_21]

This is a great saga so much squirming and liying to his paypigs is coming. Then to reee with the court documents. So what're the odds this will be tossed as abuse? Then they come for the pigpen. Also can we now rename it the bankruptcy saga?

 

[Agent Proper]

Do we know if he keeps money in the paypal? Maybe it filters to his bank automatically and then right out to his multiple debts?

You can like up to 8 different bank accounts to PayPal. My guess would be Kat's account is connected to his PayPal and he slides money into her account to keep it out of his.