[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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It's pretty much best scenario, entertainment-wise, how he was so brash about stopping payment in CT, essentially giving himself a 'raise' of 1k in now freed up income, and somehow got MORE into debt instead of chipping some away despite that, and could still ultimately be on the hook for everything, jeezus....

That video is such an insane depiction about the thoughtless and reactionary financial delusions he operates under, and I have to imagine there's at least one detractor who's gonna try and send that clip of DSP telling the bank to 'fuck themselves, they aren't getting another penny' to Lance haha
 
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https://www.youtube.com/watch?v=y2x6W9QGQQU

Rekieta updates Midfirst taking the CTKhando
1584491246756.png


Damnit XenForo, why don't you don't you put a preview for the link?
 
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Well if that video is any indication, then Phil is all kinds of fucked. Nothing short of an act of God is gonna keep Midfirst from getting their hands on that foreclosure and the money they are owed. For anyone in the know, if/when the foreclosure happens, how soon does Phil need to cough up the 50k?
 
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Wing Zero said:
Well if that video is any indication, then Phil is all kinds of fucked. Nothing short of an act of God is gonna keep Midfirst from getting their hands on that foreclosure and the money they are owed. For anyone in the know, if/when the foreclosure happens, how soon does Phil need to cough up the 50k?
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I wanna know how/if they will get that deficiency, and maybe a lien on the WAkahndo
 
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PutridElephant said:
I wonder if he is going to "assume" his bk mill lawyer will show up to represent him. I doubt he realizes that she will have nothing to do with this.
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I'd bet good money his "appointment" today is with the bankruptcy lawyer, and it's almost certainly related to the new filing from MidFirst. This should be confirmed if he shows up tomorrow with a droopier than usual face and requisite black t-shirt to announce a new REEEmergency "fundraiser".
 
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actually said:
I'd bet good money his "appointment" today is with the bankruptcy lawyer, and it's almost certainly related to the new filing from MidFirst. This should be confirmed if he shows up tomorrow with a droopier than usual face and requisite black t-shirt to announce a new REEEmergency "fundraiser".
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that'll be an instant extra $1,250 for the lawyer to even give a shit
 
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Sounds like the worst case for Phil would be the stay lifted on the CT condo followed with a foreclosure and a lien against the WA condo for the defiencicy.

Wouldn't this practically assure a forced sale of the WA condo under a chapter 7 if this lien holder doesn't feel like "reaffirming" shit? If he successfully transitioned to a ch 13 then wouldn't the the deficiency get paid in full since its now a secured debt? If I'm understanding correctly in a ch 13 the unsecured creditors get to share what's left of the payments after priority debts and secured debts are paid.
 
Sheryl Nome said:
I just had a dark premonition of the future.

Phil is going to get out of this via the Coronavirus shit, there's going to be some wide ranging debt relief program and its going to save his bacon.

Oh my fucking god, you can't kill the pigroach.
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I'm pretty sure he'd have to show how this has affected him. From the looks, nothing has happened. He hasn't seen a drop off of money.
 
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actually said:
I'd bet good money his "appointment" today is with the bankruptcy lawyer, and it's almost certainly related to the new filing from MidFirst. This should be confirmed if he shows up tomorrow with a droopier than usual face and requisite black t-shirt to announce a new REEEmergency "fundraiser".
Click to expand...
I still don't understand why he needs to fundraise. If he is saving a minimum of $4000 a month from the bankruptcy, he has more than enough for a retainer.

Yes, yes, WWE. Just stop paying for that?
 
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actually said:
I'd bet good money his "appointment" today is with the bankruptcy lawyer, and it's almost certainly related to the new filing from MidFirst. This should be confirmed if he shows up tomorrow with a droopier than usual face and requisite black t-shirt to announce a new REEEmergency "fundraiser".
Click to expand...
It wouldn’t surprise me, I mean what other appointment could he have? Dude makes it sound like he makes doctor trips every week with how many “appointments” he has every off day
 
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