[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

[Salubrious]

I don't understand why he doesn't pay anything off or make payments? Even when he was liquid he still didn't pay anything off. This guy is such a scumbag. People go into business and agreements with him thinking he will pay.

1) DSP has no concept of long-term planning.

2) Because it's HIS money and fuck everyone else.

Think of it this way. We know he makes $10,000 per month NOW, so let's say he was making $20,000 per month at his peak or $5,000 per week. Think back to his own telling of the Project 7 disaster. He could have given Rambo and Howard $1,000 each plus their half of the shirts and they'd probably still be friends (at least Rambo.) At least until DSP did something else underhanded.

By his own statement, Machinima stopped telling him how much each video was making. and DSP acted like "there was nothing I could do!" Not look at the number of views and try to guess a number. Pay Rambo $1/1000 views or something. Not just pay Rambo what he was already paying him and estimate it. DSP didn't have the exact number, so he used it as an excuse to throw his hands up in the air and play stupid. Well, not play.

DSP ALWAYS paid the exact minimum that he was required to pay and then kept everything else that was HIS because that gave him the most money RIGHT NOW. No concept of interest or that the juice was still going. Even now, he feels no remorse that he racked up $131K in credit card debt and can't pay it.

DSP said "fuck 'em; not my problem." Because the short-term money was more important.

 

[DiabeticSP]

If they dont at least ask him why his expenses doubled for one month I'm gonna lose all hope in the process.

What keeps me sane is remembering regardless of everything else Phil is miserable and financially irresponsible enough that he'll never live a truly comfortable lifestyle.

 

[Salubrious]

His -$35 of net income is before any unsecured debt payments. Shuffling things around isn't going to make him able to afford his debt to the point his bankruptcy will be denied. Having way less business expenses than he's claiming could.

I went back and looked this up, and you're right. The credit card payments aren't in his expenses.

A couple other things I noticed as I was skimming.

1) The $380/month vehicle payment is right there, so I missed it the first time.

2) DSP is claiming that he's paying $200/month in INSURANCE [Line 15c]. He's also claiming another $100/month in "Transportation fees" [Line 12]. So this car that he's driving 140 miles per week is costing him $680/month by his own gorilla math.

3) DSP's cell phone bill is $160/month. Boomer bought a new cell phone and put it "on a payment plan." Which leads me to:

4) Line 6c. DSP is claiming $0/month in telephone, cell phone, INTERNET, satellite, and cable services. So he is almost certainly claiming his cell phone and internet as business expenses in full.



Edit: Wait a second. Lines 4c and 4d. DSP is claiming that he pays $360/month in maintenance expenses but he doesn't pay anything for his HOA? Does that sound right to anyone else? Maybe he either got the lines confused, or just included the HOA in the $1830/month mortgage payment?

 

[PieceofShet]

Don't get excited about Phil saying he'll start the stream on 26th a bit later, he's just doing the same shit he did last time

Changes his day off the same day he had his court hearing, only for him to just not fucking show up. Now he conveniently says that the stream might start a bit late because of something, right on the same day he has his 341 meeting over the phone.

I don't know if he's trying to troll the trolls or something, but, whatever it is, is pathetic.

Did he took everyone by surprise by not showing up at the court hearing despite him taking that day off? Yes. But in the end he's the one looking like a

Holy fuck. I didnt think about this, but I think you are onto something. I can totally see him doing that just to troll us... which is crazy cause he only fucks himself in the process.

 

[David Davidson]

Is there going to be a reaffirmation of debt for his house? He wants to keep the damn thing and still owes a shit ton on it so we should be expecting an update with that right?

Also, is this all part of the process? Why is it now we are seeing the reaffirmation for his car three weeks after the initial date of his 341 meeting? Are the creditors and trustee moving through the bankruptcy process and this is 341 just going to be a formality? I think the wheels are spinning and it already isn't looking good for Phil. But thats just my current take on whats happening.

 

[King Daddy Telomerase]

Holy fuck. I didnt think about this, but I think you are onto something. I can totally see him doing that just to troll us... which is crazy cause he only fucks himself in the process.

Exactly. He clearly trolled us by tweeting on the 5th at 10:10am. I bet he's doing it again. The detractors seriously live in his head and control his life.

 

[BallBuster]

Is there going to be a reaffirmation of debt for his house? He wants to keep the damn thing and still owes a shit ton on it so we should be expecting an update with that right?

Also, is this all part of the process? Why is it now we are seeing the reaffirmation for his car three weeks after the initial date of his 341 meeting? Are the creditors and trustee moving through the bankruptcy process and this is 341 just going to be a formality? I think the wheels are spinning and it already isn't looking good for Phil. But thats just my current take on whats happening.

Maybe he is getting worried that they might go after the car? I really would love to know how many miles are on that car right now.

 

[Wurstbrot]

Random thought right now. Isn't this just how Phil handles all his problems? A miniscule obstacle, not even big enough to mention it, nobody thinks it blows up to any interest.
Then comes the Phil-factor. He fucks it up to epic proportions, makes it worse than necessary, actually transforms it into an actual real problem with the usual roach-approach. Nobody would have guessed you can fuck something up THIS hard, when there is initially no way to fuck it up in the first place. All he had to do was to follow the instructions, go to the scheduled meeting, answer simple questions you know the answer to and initiate the next step to the bankruptcy YOU initiated.

Utterly maximum incompetency, to an unexpected degree. When you think you know Phil (and most detractors thought he would at least go to this meeting, they thought he had SOME kind of responsibility check) he digs himself deeper. This is why people start to think the worst of him; "would Phil actually do THAT?" Every new situation makes me believe: Yes. There is no reason to think of him in any higher standard. He's a literal garbage person. Someone wasted perfectly fine cells on this individual.

Edit:

Random ObserVation.

 

[actually]

Edit:

Random ObserVation.

TBF, I use a mix of print and cursive as well as starting words with what would be considered "capital" letters because it's faster/simpler. I will say that his handwriting reminds me of how girls in high school used to write with the big loopy letters and shit.

 

[break these cuffs]

TBF, I use a mix of print and cursive as well as starting words with what would be considered "capital" letters because it's faster/simpler. I will say that his handwriting reminds me of how girls in high school used to write with the big loopy letters and shit.

I write like a sped when it's me writing for me. It's all by the book when I have to write anything official someone else will read.

 

[Sparkletor 2.0]

That is not Phil's writing. Phil does not write in cursive and his handwriting is quite sloppy. There are many examples you can find in his videos such as his giant calendar or the white boards he uses to give himself notes.

In my unofficial opinion, that handwriting looks a lot closer to the style of writing one Miss St.Jean used to sign the wedding license.

 

[Joshuan Moon]

Reaffirmation of the debt. Looks like the loan servicer is willing to let him just promise that he's going to keep paying it.



Probably 0% APR for the first X months or something like that. Given that it's a 72 month loan, they knew they would be making bank off of him.

I bet there might have been an advertised promotional APR of 0% through Toyota credit. He just didn't qualify. Instead of shopping for a better rate he just took the shit rate they gave him. Not that he would have been able to find one if he tried.

 

[actually]

I bet there might have been an advertised promotional APR of 0% through Toyota credit. He just didn't qualify. Instead of shopping for a better rate he just took the shit rate they gave him. Not that he would have been able to find one if he tried.

Maybe it was $0 down. Would explain why his "downpayment" was just the manufacturer rebate.

 

[Surly Muppet]

Exactly. He clearly trolled us by tweeting on the 5th at 10:10am. I bet he's doing it again. The detractors seriously live in his head and control his life.

This is also the only actual control he has over this situation. I maintain that he is under the impression (probably because of us) that the meeting may ask him questions that he can't semantic his way out of like he does with the wheelchair brigade on stream. That's the only way Phil knows how to cover his lies - he can't actually 'lie' well, he can just weasel, ban and ignore. You can't do that with a trustee who has legal power over you - if she opts to pull the trigger, no matter how unlikely, he has no control.

However, his biggest loss of control is the public element. His financials, which he has tightly hid for years, using only obscure hand graphs to communicate earnings and losses, were publicly dumped, and even when riddled with apparent lies, were a pretty big smoking gun for his scamming and incompetence. I'm also convinced that conversation with his lawyer also involved a few questions about blocking public release because he is in a unique situation with malicious detractors watching him. That omission would fit with the words that he then put in his lawyer's mouth (that it'll be public but mentally ill people shouldn't be able to see it). This is so public, we had detractors who were going to go see him do this meeting IN PERSON. There's a gate around his community to prevent exactly this! Phil has lost all control. The only way to exert it, the only thing he can hide, the only way he can taunt us... is by not appearing when we know he is supposed to. And he'll do it, just to flex what is left of muscle in his noodle arms, even if that means he digs himself deeper.

On that note, do you think his forums will go down today or tomorrow? Those are going to need to be shut down for Thrusday, that's for sure. Can't afford discussion about this while he is trying to focus on streaming.

There are many examples you can find in his videos such as his giant calendar or the white boards he uses to give himself notes.

Off-topic, but the current calendar is my favourite quiet meme. He made a big show of taking it down and stressing that he was going to start scheduling things digitally around New Years, the calendar was stupid and antiquated, he needed to modernize. A week later, he was visibly referring to his wall calendar. So he took it down on stream, then, off-stream, hung it back up, wrote everything on it, and now still uses it. Typical Phil thinking - make a massive show of something and completely shit on it, then rethink it and silently walk back the entire thing, then say nothing of the fact that any of that happened even though you clearly contradicted things you recorded and posted a week ago.

 

[breezy style]

I'm curious, though. Did you have 6 figures of income with minimal expenses? I don't think this 341 meeting is going to be as painless for Phil as yours was. He has a number of legit sketchy things in his filing, along with MidFirst's challenge.

Oh i agree, and i realize that based on the guy who reported on his first hearing, that they may grill him for a bit on various financial discrepancies. No doubt that his lawyer will have him somewhat prepared, but hopefully between dsp's uncanny ability to put his hooves in his mouth & it being via phone (no lawyer next to him for support, though I'd assume they'll be on the conference call too)... he may fuck up & get flustered.

That being said, I still have many doubts - though my view is ofc biased because of my own relatively painless, and far more straightforward & simple, experience w/ filing for chapter 7.

 

[FamicomGorby]

In my unofficial opinion, that handwriting looks a lot closer to the style of writing one Miss St.Jean used to sign the wedding license.

Is this gonna be a Dave legal trick hot tip like when he thought a contract with a typo in it couldn't be enforced? Can't call him out on it cause he wasn't the actual person who signed it, take that 'tractors!

 

[tzgnilki]

Random thought right now. Isn't this just how Phil handles all his problems? A miniscule obstacle, not even big enough to mention it, nobody thinks it blows up to any interest.
Then comes the Phil-factor. He fucks it up to epic proportions, makes it worse than necessary, actually transforms it into an actual real problem with the usual roach-approach. Nobody would have guessed you can fuck something up THIS hard, when there is initially no way to fuck it up in the first place. All he had to do was to follow the instructions, go to the scheduled meeting, answer simple questions you know the answer to and initiate the next step to the bankruptcy YOU initiated.

Utterly maximum incompetency, to an unexpected degree. When you think you know Phil (and most detractors thought he would at least go to this meeting, they thought he had SOME kind of responsibility check) he digs himself deeper. This is why people start to think the worst of him; "would Phil actually do THAT?" Every new situation makes me believe: Yes. There is no reason to think of him in any higher standard. He's a literal garbage person. Someone wasted perfectly fine cells on this individual.

Edit:

Random ObserVation.

View attachment 1201220
View attachment 1201221

I thought the writing on the reaffirmation looks like khet's until I saw the lawyer's signature, it's the lawyer

marriage certificate:



reaffirmation agreement:

bankruptcy mill lawyer rochelle shuffield:

the S doesn't match khet, but the S & R match the lawyer

 

[King Nutsack]

I don't understand why he doesn't pay anything off or make payments? Even when he was liquid he still didn't pay anything off. This guy is such a scumbag. People go into business and agreements with him thinking he will pay.

I keep thinking back to that clip someone posted of... I think it was an Ask The King over Christmas? Where he said that if you receive money for Christmas or your birthday or whatever, you should absolutely NOT spend it on anything responsible like bills, you should buy something frivolous to treat yourself.

This sums up his money philosophy pretty well. His greed makes him think that all money should go to him and nobody else, as evidenced by what was already mentioned with the falling out with John Rambo and Howard. His stubborn refusal to pay anything other than the minimum required payments on anything even if it fucks him in the long run. So he's racking in the stream tips from his wheelchairs, seeing that available balance in his PayPal account, and thinking this is all bonus money that he needs to spend right away. Thus he'll drop $300 rolling for a Macho Man in WWE Champions in the blink of an eye, because this is all money that belongs to him and nobody else. Then tax season comes and he's COMPLETELY BLINDSIDED...

It's unthinkable to me how someone can luck into fooling people to give him 6 figures a year, and just completely fuck everything up and live completely outside their means by not deciding to pay bills or taxes.

 

[AnOminous]

Sorry if I'm mistaken, but is this still about the reaffirmation agreement?

Yes. I'd just misread something someone else said.

Maybe he is getting worried that they might go after the car? I really would love to know how many miles are on that car right now.

Doing a legit reaffirmation is so un-Phil-like (I'd assumed he'd just made a preferential payment to them or something) that maybe they already have. They might have triggered an acceleration clause. His deal on the car is so obviously predatory that they'd probably have one. So maybe they informed him they were going to go ahead and take it back or demand all the money immediately, unless he did this.

Or he called Rochelle Shuffield in a panic begging for help on what to do.

Someone else told him to do this because he wouldn't have on his own.

 

[tzgnilki]

Yes. I'd just misread something someone else said.



Doing a legit reaffirmation is so un-Phil-like (I'd assumed he'd just made a preferential payment to them or something) that maybe they already have. They might have triggered an acceleration clause. His deal on the car is so obviously predatory that they'd probably have one. So maybe they informed him they were going to go ahead and take it back or demand all the money immediately, unless he did this.

Or he called Rochelle Shuffield in a panic begging for help on what to do.

Someone else told him to do this because he wouldn't have on his own.

yeah it's in the contract, bankruptcy triggered it

also paying lawyers fees and collections probably scared the piggy



edit:

I wonder if this contractual obligation/clause overwrites the stay and bankruptcy protection?

trying to think about how the fuck they were able to begin collections if there was a stay

maybe they sent a "this is not a collections request but do you remember this clause in your contract have a nice day"