[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

[actually]

So the non payment of taxes lines up with, amongst other things, the Jasper reveal. Wonder how many tax begging schemes he had in that timeframe?

Check the "Read First " thread. I listed all the ones I could remember and/or find threads for.

 

[Phalanx]

Citibank trying to argue like Midfirst is amazing. I think Citibank will win too as they will talk to Nancy and Phil was asked "did you use those credit cards knowing you were insolvent." Nancy then will probably have the penny drop and be like oh shit, well more line her thought process.

We really need to update or put a poll becase this is either going to convert to a brutal chapter 13 or dismissal with fraud allegations.

The problem is with Phil he is in a line of work dependent on his paypigs and not being banned from twitch either. Phil asking for tips rather than cheers cuts part of their income which down the line lessens the priority and making him more vulnerable because if he is banned from twitch he is kinda fucked as youtube is not his wheelhouse and is far more aggressive with their monitoring especially regarding livestreams. So even whilst getting Chapter 13, he has to pay chapter 13 and adhere to twitch and youtube policies.

With all this he is going to cry victim because he is a professional hobo at this point but every dog has his day and his is fading really fast.

The fallout from the tax fraud fundraiser will be interesting especially from the older users.

 

[DiabeticSP]

Citibank trying to argue like Midfirst is amazing. I think Citibank will win too as they will talk to Nancy and Phil was asked "did you use those credit cards knowing you were insolvent." Nancy then will probably have the penny drop and be like oh shit, well more line her thought process.

Looking back through the files it looks like Citi is just agreeing that Phil owes them money. Besides the $316 all the debts dischargeable if Phil lacks the assets to cover them.

I imagine all the CCs will file saying yes Phil owes them.

He better hope their numbers match his too.


Food for thought: if you spend credit after declaring bsnkruptcy its nondischargeable. I imagine the companies will close those cards and throw him to collections? Whats the process for making sure Phil pays them back for gacha after he can't get it wiped by a bankruptcy? Can they force him to pay more than the minimums each month?

 

[GigaOPC]

Phil probably didn't pay the state taxes so he could larp as a poor person to the courts just like paying the filing fee in installments. See doods I can't even afford $300.

 

[Kosher Dill]

Can they force him to pay more than the minimums each month?

The only way the CC companies can force him to pay anything at all is if they go all the way to suing him over the debt and obtaining a judgement in their favor.
I imagine things would get interesting if Phil gets locked out of bankruptcy and then racks up some judgements.

 

[Self-Aware-Neckbeard]

Imagine my fucking shock when the retard from "Citibank" was just another autistic loser from retarded internet forums.

 

[kiwirevolving]

How the fuck could he not afford to pay $300?

He can afford

He just doesn't want to

 

[actually]

Alright, so I fucked up a bit here. That $310 back tax is from July to Sept. 3 months, not 2. So it works out to $100 or so a month, which gives gross income of $82k or so.

Thing is, that's well below the annual income I came up with, well below the income @SoapQueen1 came up with based on his owed taxes, and given that my monthly estimates matched his reported monthly income well, I don't think I got that wrong. This suggests that either he made only a partial payment or that the amount was based on estimated income or something.

Regardless, it's money he should have been able to pay, especially given that the Jasper begathon happened at the start of August and netted $2000.

 

[BallBuster]

I love that he is using Twitch as a vessel to commit so much fraud. Obviously it’s not their fault directly and aren’t responsible for what their cunt ass partner does but the fact remains that they are indirectly helping fuel his fraud and I love that.

 

[tomstone]

He can afford

He just doesn't want to

it`s like he said before, as soon as he starts milking a paypig, every drop of milk is his milk!

 

[Phalanx]

Hey Actually, you and Soapqueen are right on the money 100%, the thing is he is not. My theory is which if I believe what Nancy thinks he is not disclosing his true tips money. If you think about it why did she ask for both Paypals because she has viewed the monthly activity and her goal with the 341 is essentially to present himself and declare if everything is accurate which oh boy it wasn't.

I calculated too in lurking that he makes 120k - 130k the youtube money screws up the amount lel. If you minus that that the 82 and then divides it = about $3.500 thats using 125.000 as the initial number. If you minus the 20k taxes - estimate well actually 15k lo and behold 62k which he put on his bankruptcy forms.

There's a reason why Nancy asked about the Paypals and the Patreon and WWE Network. < That I recon was a shit test to see his reaction. Nancy is a beast and if her record is to go by does not take shit. I think she knows a lot aka the WWE, the fraud, everything just has not revealed her findings.

Holy fuck if this lets on he is going to make 10k in tips he has made 3.300 in tips utterly disgusting.

 

[Lover_of_Horses]

Alright, so I fucked up a bit here. That $310 back tax is from July to Sept. 3 months, not 2. So it works out to $100 or so a month, which gives gross income of $82k or so.

Thing is, that's well below the annual income I came up with, well below the income @SoapQueen1 came up with based on his owed taxes, and given that my monthly estimates matched his reported monthly income well, I don't think I got that wrong. This suggests that either he made only a partial payment or that the amount was based on estimated income or something.

Regardless, it's money he should have been able to pay, especially given that the Jasper begathon happened at the start of August and netted $2000.

Him not paying off this comparatively small amount is significant because of the timing. He receives $2000 of "extra" income in August but can't pay taxes for operating a business in the state of Washington? He met Rochelle in October. In the 341 meeting recording, Phil states that he realized insolvency in APRIL--not October. He does go on to say October several times, but IIRC, Phil did announce publicly his plans to go into bankruptcy in April. I can only assume that his attorney hinted at him that they met in October which is the point he *realized* he was insolvent. I have to imagine this just screams his intent at Nancy.

 

[break these cuffs]

The excise tax may be for his car. It looks like Washington State has one for specific counties, including King, to fund Seattle's mass transit system.

Residents of King, Pierce, and Snohomish counties who live within the Sound Transit District (www.soundtransit.org) are required to pay the Regional Transit Authority (RTA) tax upon purchase or renewal of a new or used vehicle. This tax helps fund construction and operation of Sound Transit's regional mass transit services. The current rate of 1.1% has been approved by the voters in the Sound Transit District.

The website details how to calculate it, including a link to the depreciation table they use, so any autist can calculate it for the Toyota if they want to check the amount against the $312.
https://www.dol.wa.gov/vehicleregistration/rta.html

My state has an excise tax on vehicles and it was the firs thing I thought of when I read excise tax. You pay it when you renew the registration, but I've never heard of them charging someone for not paying it here. You just drive without valid registration.

 

[Surly Muppet]

One thing I'm curious about, as this starts to get much more complicated and grim, is Phil even actually aware? Other than, you know, when it becomes a meme in his chat.

As far as we know, Rochelle has now tapped out. I doubt she's even updating him unless he opted to keep paying her, and after the 341 meeting, she may not even want to keep going, having come face to face with the autism of Phil, his detractors, and the surgical pig-killing machine that is Nancy.

Knowing Phil, when something he doesn't like is happening, he's prone to ignore and deny it until the last second. Would Nancy be forwarding these documents directly to him? I could see this now escalating to an even more uncomfortable place because he tries to hide from it. Or would a lawyer even be able to help him at this point?

 

[Joshuan Moon]

Alright, so I fucked up a bit here. That $310 back tax is from July to Sept. 3 months, not 2. So it works out to $100 or so a month, which gives gross income of $82k or so.

Thing is, that's well below the annual income I came up with, well below the income @SoapQueen1 came up with based on his owed taxes, and given that my monthly estimates matched his reported monthly income well, I don't think I got that wrong. This suggests that either he made only a partial payment or that the amount was based on estimated income or something.

Regardless, it's money he should have been able to pay, especially given that the Jasper begathon happened at the start of August and netted $2000.

I asked before if maybe Phil hasn't been paying B&O on his tips and counting that as personal income instead of income for his "buiness". To use his waiter analogy, Olive garden doesn't make any gross income when you leave the guy who brings you bread sticks a $1.30 tip, even if it gets processed through their credit card electronic monetary system. I figured that might explain his autistic rant on tips in the call. The response I got in the Loan and Savings thread was that we don't know for sure what his B&O bill is but what info we do have (his back payment due and estimated income over that time period) lines up with him paying the full tax on all his gross income.

82k looks to be about right if we exclude tips. Is this maybe making it more plausible with this new info that he is not reporting tips for his B&O tax because they're totally for Phil the person and not Phil the business?

 

[actually]

The excise tax may be for his car. It looks like Washington State has one for specific counties, including King, to fund Seattle's mass transit system.

Possible, but usually that's done on a yearly basis, and the claim cited a 3 month period.

 

[break these cuffs]

Possible, but usually that's done on a yearly basis, and the claim cited a 3 month period.

Ahhh, I missed the 3 months in my catch up. You are correct.

 

[FamicomGorby]

One thing I'm curious about, as this starts to get much more complicated and grim, is Phil even actually aware? Other than, you know, when it becomes a meme in his chat.

As far as we know, Rochelle has now tapped out. I doubt she's even updating him unless he opted to keep paying her, and after the 341 meeting, she may not even want to keep going, having come face to face with the autism of Phil, his detractors, and the surgical pig-killing machine that is Nancy.

Knowing Phil, when something he doesn't like is happening, he's prone to ignore and deny it until the last second. Would Nancy be forwarding these documents directly to him? I could see this now escalating to an even more uncomfortable place because he tries to hide from it. Or would a lawyer even be able to help him at this point?

Don't you know Phil reads the farms everyday?

Dave definitely has a network of speds at least that come here and keep him abreast of anything cooking in the detractor community, so he'll probably hear about this from here if not through actual official channels.

 

[SaidNoOneEver]

Is this maybe making it more plausible with this new info that he is not reporting tips for his B&O tax because they're totally for Phil the person and not Phil the business?

There has to be a reason he had that pre-packaged speech ready about tips being donations according to his Tax Guy. He's not claiming them somewhere and knows he should be. This was one of the cheat codes that adults try that have no negative consequences if caught. Just plead ignorance and bad advice.

 

[King Daddy Telomerase]

One thing I'm curious about, as this starts to get much more complicated and grim, is Phil even actually aware? Other than, you know, when it becomes a meme in his chat.

Phil did mention that he'd need more money for future lawyers soon after the bankruptcy. But, all bankruptcy talk quickly became banned taboo after that in the pahsitive chill stream, so it's hard to know. Then, the vest has effectively replaced Phil from needing to make up any stupid reasons for begging.

It's hard to know just how much Phil is taking the bankruptcy seriously, but probably less than most of us Kiwis. He doesn't seem to know who Lance Olsen is.