Money 10/23 - Chris sued for debt a third time - Verdict: Chris owes $2,777.90 to Midland Funding

[Marvin]

He could still get a bank levy, though, which would allow creditors to take from his account. Actually, that would be more likely, thinking about it, since it's been over 3000 days since Chris so much as applied for a job. They couldn't take his tugboat money, but, as far as I know, it would be on him to prove what income is tardbux and what income is from other sources.

He's gonna get a lot more friendly with his usual pawn shop very soon.

 

[Mr. 0]

Ah, in which case Chris could probably make a bunch of money under the table without the creditor knowing about it.

Yeah they won't know about it because he'll have spent it on junk faster than they can check for it.

 

[Apteryx Owenii]

The house is in Barb's name.

Also in Virginia, Chris' personal property can't be taken to settle debts (except for secured loans, of course). They can put a lien on your car or your house but not, say, your TV. This means they can't take Chris' toys...

Yeah that's why I talked about the unsecured debt (just fucks your credit) and then in general. By 'in general' I am talking about Chris's relationship with finances and the current debt situation as a whole, which as far as I understand it, includes secured debt- the house, his car, and any subsequent large purchases. The car is trash anyway and if he hasn't turned it in as partial payment of the debt, he should. But unless Barb lives forever, Chris is going to have to deal with whatever is going on with the mortgage. I know that he has managed to stay above water with the important bills for some time but without whatever Barb collects in social security and all this dimensional merge nonsense I don't think it's a safe bet that he'll be able to keep those plates spinning.

But yeah, he can keep his toys under the bridge with him if that happens.

 

[Gunslinger]

I'm pretty sure he turned his car in already so it could be auctioned to put against what he owes. Remember he told the guy at the dealership to mention his name because he's a famous internet celebrity and it would increase the value?

 

[Apteryx Owenii]

I'm pretty sure he turned his car in already so it could be auctioned to put against what he owes. Remember he told the guy at the dealership to mention his name because he's a famous internet celebrity and it would increase the value?

Ah right. That makes sense, which is why I didn't assume he did it. The good news(?) is, with the collateral surrendered, he can blow off whatever remaining payments without the repo men showing up. Better hope the van lasts forever and keep paying that mortgage though.

It reminds me of how many families or people live within one month of complete poverty in the US- not enough savings, no real support network, etc. I suspect the Chandler household is like a guy sinking in a hot air balloon trying to keep it aloft with a box of matches that keep going out. I know Chris can sell shit in extremis but there's only so much you can do with short notice.

 

[Marvin]

Ah right. That makes sense, which is why I didn't assume he did it. The good news(?) is, with the collateral surrendered, he can blow off whatever remaining payments without the repo men showing up. Better hope the van lasts forever and keep paying that mortgage though.

It reminds me of how many families or people live within one month of complete poverty in the US- not enough savings, no real support network, etc. I suspect the Chandler household is like a guy sinking in a hot air balloon trying to keep it aloft with a box of matches that keep going out. I know Chris can sell shit in extremis but there's only so much you can do with short notice.

Yeah, that van's going to shit the bed sometime, and considering Chris and Barb's less-than-stellar track record for car maintenance, I think that's going to be coming sooner than later.

I don't think Chris has a plan for when that happens though. Chris is going to be hoofing it to the store.

 

[zap2theextreme]

He'll have super sonic hedgehog speed by then, so it doesn't matter.

 

[.Magichan]

Yeah, that van's going to shit the bed sometime, and considering Chris and Barb's less-than-stellar track record for car maintenance, I think that's going to be coming sooner than later.

I don't think Chris has a plan for when that happens though. Chris is going to be hoofing it to the store.

Nah, we can pretty much assume at this point, his sole plan (if you could call it one) for getting out of this is using his CWCville savings to pay off the debts. And even there, he's still e-begged with the promise to repay with his CWCville savings.

Now, just take a step back for a second. Half our population is going to be fucking vaporized or die in agony, but somehow the priority would be his debts.

I'd say just do a mass liquidation and then file for bankruptcy

 

[Marvin]

Nah, we can pretty much assume at this point, his sole plan (if you could call it one) for getting out of this is using his CWCville savings to pay off the debts. And even there, he's still e-begged with the promise to repay with his CWCville savings.

Now, just take a step back for a second. Half our population is going to be fucking vaporized or die in agony, but somehow the priority would be his debts.

I'd say just do a mass liquidation and then file for bankruptcy

I should've clarified, he doesn't have a backup plan.

I suppose when the merge is late, at that point he'll scramble for a plan.

Though I don't think Chris really needs to declare bankruptcy. His credit is garbage anyway. There's not much money for the creditors to snag.

 

[Apteryx Owenii]

Bankruptcy is an involved, difficult, and often (ironically) expensive process. Depending on how things shake out they could end up losing money on it, even the house, because bankruptcy can involve all non-exempt assets, not just secured ones. Plus it's not like they'd wipe the slate clean and turn into good borrowers.

The good news for the folks that think there's guns hidden away is that Virginia exempts $3,000 worth of firearms in bankruptcy filings! Sic semper tyrannis.

 

[Guardsman42]

He could still get a bank levy, though, which would allow creditors to take from his account. Actually, that would be more likely, thinking about it, since it's been over 3000 days since Chris so much as applied for a job. They couldn't take his tugboat money, but, as far as I know, it would be on him to prove what income is tardbux and what income is from other sources.

It is. The government by default as far as I know about this from multiple people on government bucks, will basically hand you a seperate account. You need to actively go and change this system. Which as we understand, Chris did.

Further more, it's stupid easy for them to know which is the government money, which isn't. One is granted by the federal fucking government, the other money isn't.

 

[Hrothgar]

It is. The government by default as far as I know about this from multiple people on government bucks, will basically hand you a seperate account. You need to actively go and change this system. Which as we understand, Chris did.

Further more, it's stupid easy for them to know which is the government money, which isn't. One is granted by the federal fucking government, the other money isn't.

Because Chris doesn't have a separate account for his SSDI means its all up for grabs if they go that far, to my understanding.

Say he gets $1400 tard money this month, and $300 Ebay. He spends $600 on Lego. The bank isn't making sure he withdraws $300 Ebay and $300 disability. There's no way to know how much of the remaining $1100 came from the government. Since he didn't keep the money in a separate, identifiable account, he can't show what is exempt from being taken. Therefore none of it is exempt.

 

[.Magichan]

Because Chris doesn't have a separate account for his SSDI means its all up for grabs if they go that far, to my understanding.

Say he gets $1400 tard money this month, and $300 Ebay. He spends $600 on Lego. The bank isn't making sure he withdraws $300 Ebay and $300 disability. There's no way to know how much of the remaining $1100 came from the government. Since he didn't keep the money in a separate, identifiable account, he can't show what is exempt from being taken. Therefore none of it is exempt.

Wouldn't the feds just reduce his monthly tard money so he never sees the 1400. I know in the military, certain banks can basically eat your income and has it listed as a deduction on your check.

 

[Marvin]

Because Chris doesn't have a separate account for his SSDI means its all up for grabs if they go that far, to my understanding.

Say he gets $1400 tard money this month, and $300 Ebay. He spends $600 on Lego. The bank isn't making sure he withdraws $300 Ebay and $300 disability. There's no way to know how much of the remaining $1100 came from the government. Since he didn't keep the money in a separate, identifiable account, he can't show what is exempt from being taken. Therefore none of it is exempt.

They'd be able to take up to $300, I would imagine. (Or probably less, the garnishment isn't likely to be 100% of his income? Not sure.) Money is fungible. And if Chris kept separate accounts and he was spending ebay money on toys and then saying "no, you can't take my tugboat either", they'd start interepting that ebay account. Either way, Chris is going to need to reduce his toy budget.

Only way for Chris to make money that can't easily be snagged is dealing in cash, which precludes ebay.

Chris has gone to pawn shops before, but he prefers ebay because he can get dipshits to pay him $50 for empty soda cans he signed. "lol I got a fanta can signed by chris chan!"

 

[Hrothgar]

Wouldn't the feds just reduce his monthly tard money so he never sees the 1400. I know in the military, certain banks can basically eat your income and has it listed as a deduction on your check.

I'm almost positive they can't garnish it directly. I know it can be reduced to recover an overpayment from Social Security for whatever reason. I also know it can be garnished for child support, but I have no idea if that's something they agreed to do, if it's only in instances where a government child and youth support enforcement agency becomes involved, or if it's just outright an allowable garnishment.

Debt collectors are private entities attempting to collect thousands in debt that they purchased for next to nothing. I don't believe they can touch it directly.

 

[.Magichan]

I'm almost positive they can't garnish it directly. I know it can be reduced to recover an overpayment from Social Security for whatever reason. I also know it can be garnished for child support, but I have no idea if that's something they agreed to do, if it's only in instances where a government child and youth support enforcement agency becomes involved, or if it's just outright an allowable garnishment.

Debt collectors are private entities attempting to collect thousands in debt that they purchased for next to nothing. I don't believe they can touch it directly.

oh damn, das rite. Chris has gotten some of those guys before at his door. Kinda hard to strong arm an autistic manchild and a tomato. I am curious how Chris has gotten credit increases if this has been a historical problem.

 

[Hrothgar]

They'd be able to take up to $300, I would imagine. (Or probably less, the garnishment isn't likely to be 100% of his income? Not sure.) Money is fungible. And if Chris kept separate accounts and he was spending ebay money on toys and then saying "no, you can't take my tugboat either", they'd start interepting that ebay account. Either way, Chris is going to need to reduce his toy budget.

Only way for Chris to make money that can't easily be snagged is dealing in cash, which precludes ebay.

Chris has gone to pawn shops before, but he prefers ebay because he can get dipshits to pay him $50 for empty soda cans he signed. "lol I got a fanta can signed by chris chan!"

They could probably figure it out if it were like the example I gave, although legally, I don't know if they have to even bother trying. Over the course of several months, though, it would be a lot more complicated. Not to mention Chris's ending balance is probably in double digits on a good month.

Yeah, he either needs to go to cash or the dumbass needs to open another account just for his disability payment. Then all he'd have to do is hand them a statement showing deposits from no source other than the SSA and hit up some McD's on his way to buy plastic shit to while away the remaining time in this dimension. They could still grab the Ebay money, but his guaranteed income would be safe.

 

[Apteryx Owenii]

They'd be able to take up to $300, I would imagine. (Or probably less, the garnishment isn't likely to be 100% of his income? Not sure.) Money is fungible. And if Chris kept separate accounts and he was spending ebay money on toys and then saying "no, you can't take my tugboat either", they'd start interepting that ebay account. Either way, Chris is going to need to reduce his toy budget.

Only way for Chris to make money that can't easily be snagged is dealing in cash, which precludes ebay.

Chris has gone to pawn shops before, but he prefers ebay because he can get dipshits to pay him $50 for empty soda cans he signed. "lol I got a fanta can signed by chris chan!"

Coming to forums near you in January: The Craigslist Saga
lol imagine how ridiculous things would get if Chris had to try and sell things in person aside from conventions

 

[Guts Gets Some]

Coming to forums near you in January: The Craigslist Saga
lol imagine how ridiculous things would get if Chris had to try and sell things in person aside from conventions

Pretty sure he's already done Craigslist for awhile.

 

[Second Missing Primarch]

Pretty sure he's already done Craigslist for awhile.

Oh, yes he has. Back in the Love Quest days, he put up a personals ad for a heartsweet that got taken down because he said he didn't want a black girl. He also tried to get himself a Craigslist hooker, but she hung up on him when he tried to get her to fuck him for free by telling her all about his personal problems. He's also tried to offload a shitty ancient CRT TV for the same price that you could get a decent HDTV, his collection of old porn DVDs (for a thousand dollars ), and a previous incarnation of Son-Chu.