April 27th, 2020 - Nick Rekieta w/ LSB & Agent Proper

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The court couldn't care less if it's over the exempt amount. They have no discretion to say "well fuck the law, you creditors are entitled to the money but I just don't feel like following the law because poor, poor pigroach."

Nick wasn't given a hard number to run with on what the equity is with the correct property evaluation so that may have influenced his assessment. Maybe he was just assuming that it would come in well under the exemption when all was said and done. After hearing what he had to say I'm just not so sure it will be as cut and dry as $1 of equity over the limit and the house gets sold. There may also be other ways of getting extracting the nonexempt value from the estate without actually liquidating the house but that's just me speculating about something I know nothing about. I'll give it another listen through some time later to make sure I didn't misinterpret what he actually said.

For me it just caused me to relax my expectations a bit because if there is one thing we should all accept about the legal system is that it is completely incompetent, mostly by design.
 
I found the stream on YouTube and is this a Youtube thing? It Shows a length of 5 hours but I only got the last 2 hours. Do we have to wait for Nick to upload the entire thing?
 
I agree that I think Nick assumed Phil was 'a little' over the equity limit and not 'way the fuck over'.

Y'all better have told him about Champions or I'm gonna be so damn mad.
 
does anyone have the whole thing because when i try to watch it on youtube, i only get two hours of it (even thought it says it's 5 hours or so)
 
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Bit of a mess at the start but it turned itself around when they started getting to the videos.

I loved when they got to the Wolverine story. Nick explained why there was a limited run of a certain figure was because of some artificial scarcity to compete with He-Man figures coming out(correct me if I'm a bit wrong here).

Just hearing him also just completely calling Phil out on his armcouch law explanations felt good for some reason.

Edit: I was dozing in and out but they did get him to understand the process of finding out of Phil's gacha addiction, correct?
 
I loved when they got to the Wolverine story. Nick explained why there was a limited run of a certain figure was because of some artificial scarcity to compete with He-Man figures coming out(correct me if I'm a bit wrong here).
The truth of the matter is is that Toybiz only made one style of Wolverine first edition and Phil claims there was the Uncanny version and 80's version but nope that didn't come around until series 2.
 
Nick wasn't given a hard number to run with on what the equity is with the correct property evaluation so that may have influenced his assessment. Maybe he was just assuming that it would come in well under the exemption when all was said and done.

I'm pretty sure it wouldn't have a year ago and that Zillow estimate is bullshit, but I'm also pretty sure the bottom is going to drop out of the real estate market and it may be within the exemption by the time it's actually appraised by whoever the trustee has do it.

I agree that I think Nick assumed Phil was 'a little' over the equity limit and not 'way the fuck over'.

We won't really know for sure until there's actually a professional appraisal.

I loved when they got to the Wolverine story. Nick explained why there was a limited run of a certain figure was because of some artificial scarcity to compete with He-Man figures coming out(correct me if I'm a bit wrong here).

I never saw that whole video before. He just goes on and on. Somehow his parents are fucking stupid because they didn't immediately give him everything he wanted. Why is that stupid on their part?
 
I think Phil may have only been 8 or 9 when the Wolverine figure came out.
I think the first Wolverine action figure was made in 1991 and it was the brown and yellow costume. There is no variant for that first edition. Although, the second edition did have variants. If anything Phil was 9-11 when he got the toy. I say 11 because he wanted the Blue and Yellow wolverine which was the second edition. I bet his dumb kid brain didn't remember the edition and thought the blue and yellow one was a variant. So the 2nd edition came out in 1992 and he said he got it a year later so he must have been 11. He did say he was a preteen so it makes sense he was 11.
 
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