[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

What will happen with his case following the 341 meeting?

  • Still gets Chapter 7

    Votes: 126 18.1%

  • Changed to Chapter 13 and ultimately fails to make his required payments

    Votes: 218 31.3%

  • Chapter 13 and successfully completed all payments

    Votes: 19 2.7%

  • Complete dismissal of the bankruptcy

    Votes: 334 47.9%
  • Total voters
    697
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Schrödinger's Kat said:
A lot of good information from those videos. The more I watch, the more I feel Phil has really done it this time. If he doesn't get Chapter 7 which seems next to impossible, he's well and truly fucked. There's another video about how difficult it is to manage a Chapter 13 when you are self-employed, and the guy seems to discourage even trying it unless you really know what you are doing. The trustee will scrutinize him for every penny, require regular detailed financial statements, and a missed payment almost guarantees dismissal. It's even worse than I imagined. There's no way he'll pull this off for 5 years.

Getting Chapter 7 isn't much better because according to the video about assets, his kahndo really is up for grabs. The trustee is rewarded monetarily by selling as much shit as possible, or try to convert to a Chapter 13.
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Hoooly shit this video is gold. Trigger warning: foreshadowing, dramatic irony
 
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NiggoPls said:
He's basically risking that they won't just take his big boy adult house...
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I accidently read "big boy adult horse". In a flash I tried to imagine, what Dave would do if they COULD take away his horse (remember how they used the senators wifes in Caligula to raise funds for the state?). Well, I guess he wouldn't mind, as the compensation for her workforce would go straight to his bills. Or debts. Or both. For as long as necessary. Neigh.
 
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100% VIRGIN M00TY said:
So when is Phil going to post a new schedule that includes Thursday and Friday? Be just typical if the wu flu causes his court date to be canceled and then postponed to the distant future because everyone is self quarantining and fighting for toilet paper. L U C K O F T H E P I G R O A C H
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he posted it today, big secret why though, someone asked what was happening on thursday and he just says not every appointment can be made on tuesday
 

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tzgnilki said:
he posted it today, big secret why though, someone asked what was happening on thursday and he just says not every appointment can be made on tuesday
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As expected, he's just not even going to acknowledge his bankruptcy hearing, even though he has to know that every troll knows it's on Thursday and all his fans know about his bankruptcy.

Maybe he's worried one of his whales might show up and he has zero interest in meeting them.
 
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Texas Funnyhair said:
As expected, he's just not even going to acknowledge his bankruptcy hearing, even though he has to know that every troll knows it's on Thursday and all his fans know about his bankruptcy.

Maybe he's worried one of his whales might show up and he has zero interest in meeting them.
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People who don't even give a shit about DSP know about his hearing at this point. He's just trying to avoid talking about it unless he's ready as much as possible. If people blindsided him with questions about it then he knows he's in danger of mouthing off or not staying on message and that's when he fucks up.
 
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Texas Funnyhair said:
As expected, he's just not even going to acknowledge his bankruptcy hearing, even though he has to know that every troll knows it's on Thursday and all his fans know about his bankruptcy.

Maybe he's worried one of his whales might show up and he has zero interest in meeting them.
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I wanna know if he thinks saying nothing will stop possible faggotry, like with his wedding
 
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Schrödinger's Kat said:
The trustee will scrutinize him for every penny, require regular detailed financial statements, and a missed payment almost guarantees dismissal. It's even worse than I imagined. There's no way he'll pull this off for 5 years.
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He's not pulling it off. He expects his paypigs and whales to pull it off.
 
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Chapter 13 is no joke, like this Ginsberg says along with the many stories online from people. Phil would go bonkers just trying to live like that. Thus, it's what I want.

I think that dismissal is the favorite to happen, though. They're not a rarity in Chapter 7s, and this case is so fucked up with a gaggle of creditors and an asshole with a $440k khando and 6 figure income committing endless fraud that it will take everyone there rubber-stamping it all for this to go anywhere.

Dismissal is less fun, though. The process will take some time, I don't believe the trustee will just tell Phil to fuck off. It will take some time for the creditors and Midfirst Bank to slowly rape Phil. It would likely work out with Phil still pretending like Everything Is Fine for a couple months, and then he'll be streaming from 30 Goddard some day telling us how the WAkhando, Khet and Jasper were evil detractors and way too expensive for common everyday underdog guy Philip.
 
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ZehnBoat said:
be on the look out for phil suddenly ranting about how the wakhando is just 'too big' or some shit
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Phil will probably try saving the WAkhando until the final second. Remember that all of this could have been solved for years, and even now, by selling the WAkhando and using this last lifeline he has to stop spending like a fool.

As Phil says, "If I lose my house, the detractors win." He's going down clawing and snorting.
 
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darkwingosonichugorl said:
Phil will probably try saving the WAkhando until the final second. Remember that all of this could have been solved for years, and even now, by selling the WAkhando and using this last lifeline he has to stop spending like a fool.

As Phil says, "If I lose my house, the detractors win." He's going down clawing and snorting.
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that's why i say suddenly
he's going to want that house for as long as possible but when the writing is on the wall, he'll 'throw it under the bus' like everything else

so one day he'll talk about how the place is great, and detractors can't break in
then the next he'll just shit all over it, and it's a horrible place and all that stuff
 
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My guess is that if the hearing goes well, he will mention it on Friday as an opportunity to "dunk" on the trolls.

He will tell his wheelchairs that the trolls thought DSP would lose his house, would get dunked on, etc at the meeting. But as usual, the shithead TROLLS are idiots and have ZERO idea of how the bankruptcy process works because they are idiot children.
 
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