[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

[James Smith]

The trustee commission I listed is a maximum, not a guarantee btw.

 

[toothless_banana]

So what you’re saying is he’s trying to slip through the cracks and hope absolutely no one questions this shit at all?

He's fucked, and a gambler; probably thinks he might as well roll the dice on it.

 

[Salubrious]

I'll give DSP this much "credit". He REALLY doesn't half-ass his bullshit.

 

[SowonNation]

James The Lesser Express Lane broke this down to the best of his abilities, and I gotta say, my favorite part is when he glanced over the "Miscellaneous Jewelry" part.
"Jewelry, yes.. really your wedding rings were only worth $200? What a cheap bitch".

got em.

 

[Pedosnake]

Okay, i will lean out of the window now and say that this is the beginning of the end this time for real. Nothing that he has done compares to the half million debts that he has.

If he gets out of this still. I am willing to believe that Phil has some sort of superpowers, or maybe he has actual Pignosis.

Just a friendly reminder that he has a College degree in Business and Finances. What the fuck did they teach him in College?

Let's be honest, Colleges are glorified daycare centers.

 

[Iroquois Pliskin]

The wedding ring can go but the black cat statue and metal gear rising plasma lamp stay.

 

[harbinger]

Honestly didn’t expect the Philip P Burnell saga to end in prison. Maybe he can bring back an old favorite:

DSP Tries It: Prison Food

 

[Prince Lotor]

One bizarre thing is that property exemptions exist for things such as 'Media' like his blu-rays. There are exemptions for property that he didn't claim. He only claimed $1,500 worth of business related property exemptions on a business he is claiming $60K+ of business expenses on per year. He claims to own $500 worth of clothing. He claims to own $200 of jewelry. He claims $3K of Furniture and Household Items. That's it.

Like, if this goes through literally everything in his house he didn't claim under property exemptions is going right out the front door.

Edit: ^^^^The'$200 Misc Jewelry' is a property exemption he is claiming. That means he keeps it. Also only Phil is filing for bankruptcy so the $200 is just for his jewelry.
And he is lying about his ownership of collectibles, he's literally committing fraud to hide his CM Punk commemorative plaque

 

[Draza]

Honestly didn’t expect the Philip P Burnell saga to end in prison. Maybe he can bring back an old favorite:

DSP Tries It: Prison Food

DSP Tries It: Bubba.

 

[mindlessobserver]

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The wedding ring can go but the black cat statue and metal gear rising plasma lamp stay.

Gonna be a fun night at Phils when wifey finds out he's flogging her shit but not his.

 

[Kermit the Frog]

So, Phil committed perjury here, right? I mean, there's a public record of the lawsuit by MidFirst Bank. Phil didn't acknowledge the foreclosure (i.e. tossed the summons in the garbage) just so he could bullshit his bankruptcy statement. This is unreal.

Also, the $5,200 per month average in business expenses is a clear lie. He sure as shit isn't spending an average of $5,200 on games for streaming... unless of course he's adding in all of his WWE Champions microtransactions because it's technically a video game expense. If he isn't counting that, the only other way this is possible is if he's counting certain expenses, such as mortgage (I work from home, dood!) or electricity bill (I can't work without electricity!) as business expenses. It's really odd how the bankruptcy documents don't require a breakdown of business expenses, since it leads to people just throwing out a number without any evidence. He's then including those "business" expenses as part of his ongoing monthly expenses so he can make his net income look even worse than it is. There's also the lying about him not having collectibles (nook full of statues he's acknowledged a thousand times having) or not having electronics that aren't for business use (downstairs TV he watches his wrestling on)... This is really shady shit he's pulling.
Does he not realize there are VIDEOS AND PICTURES that prove he's lying? What the fuck is he thinking?

 

[tzgnilki]

um... *snort* when I said 10 year legacy, i meant that in binary, okay?
I HAD TO LIE ABOUT USING DECIMAL TO PROTECT MUH FAMILY!

I RUN MY OWN PRODUCTION COMPANY

Spoiler

https://secure.dor.wa.gov/gteunauth/_/

left the question about what type of business he has, unchecked

Spoiler

 

[Cliff em all]

Dsp was the first cow I followed, can't believe bankruptcy fraud is going to take him down, here's hoping that magical DSP luck will keep him going.

 

[Shambler]

my sides are in fucking orbit over this, the absolute madman has the balls to think he can outsmart the IRS
to quote breaking bad
"if they can get capone, they can get you"

 

[JTLEXL]

James The Lesser Express Lane broke this down to the best of his abilities, and I gotta say, my favorite part is when he glanced over the "Miscellaneous Jewelry" part.
"Jewelry, yes.. really your wedding rings were only worth $200? What a cheap bitch".

got em.

Forgot to mention, ANY spending on a credit card 3-6 months prior to the bankruptcy being declared is considered fraud because you were making purchases you weren't planning to actually pay for.

 

[PieceofShet]

The first time since I follow him.... DSP IMPRESSED ME!
I seriously underestimated how DUMB he is.

 

[Providence Backing_21]

He even took out a loan from Lendingclub. What a dumb piggy.

 

[BhilPurnell]

 

[HansGruber]

Lol, good luck with that, pigroach.

Also checking the box for no presumption of abuse. Bold move, pigroach. I guess we'll see how that works.

His lawyer, amazingly not a Super Lawyer, Rochelle Shuffield.

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Her website:

Bankruptcy Law Firm | Tukwilla, WA | Shuffield Bankruptcy Law

Are creditors taking over your life? The dedicated and experienced attorneys at Shuffield Bankruptcy Law in Tukwilla, WA help our clients re-take control of their financial situation. Call us at (206) 674-4565.

www.shuffieldlaw.com

Not make something out of nothing but I could have sworn ol' Philly boy referenced his lawyer as a "he".

 

[Shield Breaker]

Honestly didn’t expect the Philip P Burnell saga to end in prison. Maybe he can bring back an old favorite:

DSP Tries It: Prison Food

DSP in prison would be... interesting. His mouth would get him in a lot of trouble.