[Dec 15 2019] Foreclosure Saga - http://civilinquiry.jud.ct.gov/CaseDetail/PublicCaseDetail.aspx?DocketNo=FBTCV196091825S

[Schmeckel]

I was under the impression that Midfirst waited to foreclose until after the bankruptcy so this would be considered "new debt" and thus it would not be erased like his credit cards.

Midfirst purchased Phil's mortgage from JP Morgan. I would assume they know what they are doing. Granted, I know nothing of how these things work. Why would a bank purchase a mortgage if they weren't pretty sure they would get a return on the investment?

This has been in the works for almost a year. Sure the Corona stuff has thrown a wrench into the works, but still Midfirst has to compensate for the man hours and work they put into this.

Phil better hope that his luck holds out and spending money on mobile games was a better choice than saving up to pay the difference from a $30k sale on his $125k mortgage.

This would be the most likely outcome. Midfirst has been around for a little while, and I'm sure that Phil isn't the biggest overall scumbag they've gone after and won. Midfirst has a property at their disposal that hasn't been destroyed by a jilted resident (it just probably smells like shit post-pigroach).

I'm sure that nothing bad will happen to Phil pigroach luck and all, but midfirst will at the least have something they can run some baking soda through and sell off. It just would be delicious if they win the deficiency balance and pursue Phil for it.

 

[PieceofShet]

I know I'm reaching and we're talking about a vast company here, but the fact some of their tweets seems to suggest they're aware of him makes me hope they'll push for what their owed.

I totally forgot those tweets. Its very likely we have an inside man, the person just cant talk about it.

 

[The Penultimate Warrior]

I totally forgot those tweets. Its very likely we have an inside man, the person just cant talk about it.

Let's just hope the person in their Social Media Department has a friend in their Foreclosures Department.

 

[ReentryPhantom]

Let's just hope the person in their Social Media Department has a friend in their Foreclosures Department.

What if it's the SAME GUY?!?!

Yeah in all honesty this is Phil. He will come out unscathed. No one get your hopes up.

 

[PieceofShet]

What if it's the SAME GUY?!?!

Yeah in all honesty this is Phil. He will come out unscathed. No one get your hopes up.

At least we will always have the end of the vest streak.

 

[Iron Hamster]

I wonder how much they'll be able to really rip out of him. Even if they can liquidate his assets, he doesn't have anything. Even the stuff he "owns" he hasn't paid off, or even nearly enough for it to have value for the bank to reclaim I don't think.

Didn't his bankruptcy filings show how paid less than $2000 on that Camery? And I doubt they'll come into his home and try to take his old ass computer equipment which has little value.

He might escape this simply by not having shit worth taking.

Lien on Gout Shack saga coming up.

 

[The Penultimate Warrior]

What if it's the SAME GUY?!?!

Yeah in all honesty this is Phil. He will come out unscathed. No one get your hopes up.

I'm thinking the most likely outcome is someone doing a quick check and saying "this person declared bankruptcy, no point in trying to pursue them for money" and that will be that.

 

[PieceofShet]

I'm thinking the most likely outcome is someone doing a quick check and saying "this person declared bankruptcy, no point in trying to pursue them for money" and that will be that.

Pretty sure they know about it. Didnt they wrote something about the bankruptcy? It was a while but I remember something.

 

[David Davidson]

This is all I got from a google search:

All I've got is a maybe something will happen, maybe not and with Pigroach luck I would say the latter.

 

[Iron Hamster]

I'm still laugh at Phail thinking he somehow had control over whether they were going to foreclose or not.

 

[MoooWatcher]

I'm still laugh at Phail thinking he somehow had control over whether they were going to foreclose or not.

Technically he DID have control over this, way back in the day. But he forfeited that right when he decided to stop paying for it.

I wonder what could be going through his mind when he thought that he suddenly didn't have to pay for shit anymore. "Oh I'll just put in on credit cards and they'll pay for it."

 

[Iron Hamster]

Technically he DID have control over this, way back in the day. But he forfeited that right when he decided to stop paying for it.

I wonder what could be going through his mind when he thought that he suddenly didn't have to pay for shit anymore. "Oh I'll just put in on credit cards and they'll pay for it."

lol. Well, yeah technically he did either by paying or not paying. That's not what I'm laughing at. His attitude is that he somehow had control over whether they did it or not. He lost any control the minute he defaulted. They don't need his 'permission' after that.

 

[MoonRocker]

I don't remember but didn't Philbert completely omit and basically lie that he didn't have any real estate that was being foreclosed on in his Chapter 7 application?

I remember this being a big point of contention on the Farms that he was basically committing perjury on his application as he was obviously lying about it.

 

[tzgnilki]

I don't remember but didn't Philbert completely omit and basically lie that he didn't have any real estate that was being foreclosed on in his Chapter 7 application?

I remember this being a big point of contention on the Farms that he was basically committing perjury on his application as he was obviously lying about it.

yep

 

[AnOminous]

@AnOminous and @twattycake thoughts on this? Is Phillipo fucked?

This isn't a new thing. The only thing new to me is I thought the default judgment had already been entered. Connecticut may be the slowest state in the union for this shit. Yes, Midfirst may or may not go for a deficiency judgment. Yes, Phil's fuckery may or may not come back to bite him as to whether it's considered new debt and immune to the bankruptcy. No, I no longer bet against pigroach luck.

 

[Balr0g]

I just need to get a look on the timeline: (Correct me please where I am wrong)

He stopped paying the mortgage for the condo in April 2019
He was contemplating bankruptcy in October 2019
Midfirst started the foreclosre in January?
Phil declares a bankruptcy
Midfirst ask for stay and wins by default since Phil did nothing
Phil gets his chapter 7
Midfirst starts to move again

If this is right then Midfirst might have him by the balls since he hasn't paid for quiet some time (then again i am a layman for this cases). Shouldn't this incure interest as well? I mean the mortgage for the condo wasn't voided by the chapter 7 right?

 

[FamicomGorby]

I just need to get a look on the timeline: (Correct me please where I am wrong)

He stopped paying the mortgage for the condo in April 2019
He was contemplating bankruptcy in October 2019
Midfirst started the foreclosre in January?
Phil declares a bankruptcy
Midfirst ask for stay and wins by default since Phil did nothing
Phil gets his chapter 7
Midfirst starts to move again

If this is right then Midfirst might have him by the balls since he hasn't paid for quiet some time (then again i am a layman for this cases). Shouldn't this incure interest as well? I mean the mortgage for the condo wasn't voided by the chapter 7 right?

From my understanding it's not likely that Midfirst will get a deficiency judgement against Dave. However until the foreclosure goes through Dave is the legal owner of the property and still responsible for the HOA fees since if he didn't pay those the condo association could sue him personally for em.

 

[gaarashatan]

all i see this as is another excuse for phil to beg for money

he couldve saved all that money he spent on oiled muscle men for this but naw. now hes got another reason to wring his piglets wallets and ofc any extra money will go straight to hulk hogans biceps

 

[actually]

My favorite part is the claim that we're always wrong. He's shown zero proof to the paypigs of that, but trust him dood, we're wrong.

Friendly reminder Phil. I nailed down your monthly income within a few hundreds of dollars with noob-tier programming and an IRC client. As others have mentioned, your gacha addiction has also been brought into the sunlight. Enjoy looking over your digital shoulder and hoping you don't incur any sudden large expenses, I guess.

 

[TankMelee]

I just need to get a look on the timeline: (Correct me please where I am wrong)

He stopped paying the mortgage for the condo in April 2019
He was contemplating bankruptcy in October 2019
Midfirst started the foreclosre in January?
Phil declares a bankruptcy
Midfirst ask for stay and wins by default since Phil did nothing
Phil gets his chapter 7
Midfirst starts to move again

If this is right then Midfirst might have him by the balls since he hasn't paid for quiet some time (then again i am a layman for this cases). Shouldn't this incure interest as well? I mean the mortgage for the condo wasn't voided by the chapter 7 right?

The foreclosure was filed in December 2019. In his Chapter 7 filing, he only was able to reaffirm his WA condo; he surrendered the CT condo, so Midfirst should already have it. What's happening now is either Midfirst trying to grab the deficiency out of his Chapter 7 (presumably because they filed first) or just some residual court processes that won't amount to anything because of the Chapter 7. We'll probably get another 5 weeks of speculation before a nothing judgment - I'm looking forward to it.