[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

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What will happen with his case following the 341 meeting?

  • Still gets Chapter 7

    Głosy: 126 18,1%

  • Changed to Chapter 13 and ultimately fails to make his required payments

    Głosy: 218 31,3%

  • Chapter 13 and successfully completed all payments

    Głosy: 19 2,7%

  • Complete dismissal of the bankruptcy

    Głosy: 334 47,9%
  • Łączna liczba głosujących
    697
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He's fucking unkillable.

Why change this to an asset case if this is the outcome? I've no idea if there's more to this but I cannot see how we've ended up here. Weird that it's an automatic discharge and posted at 2am local time? Assuming that gets posted when the deadline is met automatically. Maybe this just gets fired out if nobody objects - I'd have thought there'd be an extension with all the shit Nancy asked for and the cha he to an asset case so maybe this is not the nail in the coffin we think?

Quick browse of the document hasn't revealed anything major, other than an interesting bit about debts from taxes aren't discharged and so the taxes he put on credit cards should still be payable (?) and I assume his tax back payment plan still exists.

He could make a killing selling a life coaching course online.
 
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_XXIII_ powiedział(a):
He's fucking unkillable.

Why change this to an asset case if this is the outcome? I've no idea if there's more to this but I cannot see how we've ended up here.
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Items can still be liquidated in his case. There's no indication other than the "trustee is looking at his assets" thing that they will be liquidated, but the discharge granted is just in distinction from his bankruptcy being dismissed or converted to 13 - the case is still open. There's still another court appearance as well. It's also important to remember that any bankruptcy is at the mercy of the court, and can be revoked if within 1 year, although that seems remarkably unlikely unless the trustee's dedicated to taking this whale down and has just had her investigation delayed.
It looks like he got away.
 
_XXIII_ powiedział(a):
He's fucking unkillable.

Why change this to an asset case if this is the outcome? I've no idea if there's more to this but I cannot see how we've ended up here.
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The first thing it says on the 'Order of Discharge' under 'Explanation of Bankruptcy Discharge in a Chapter 7 case' is:

"This order does not close or dismiss the case,
and it does not determine how much money, if
any, the trustee will pay creditors."

It's been 60 days with no objections so the discharge is automatically granted. His case was converted to an asset case. They can't liquidate his assets until the Order of Discharge has been granted. Now is when they sell his shit and pay themselves and Phil's creditors as far as I'm understanding this.
 
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Ok, I'm writing again: As far as I understand this, this only means the credit card companies can't "detract" him for these debts anymore, but Nancy still can, and Midfirst still will after they get rid of the khando for less than the subprime on it, right?
 
AnOminous powiedział(a):
And just like he didn't wipe his hands off after the livestreamed jerkoff session before going right into a game, he would have cum dripping from his chin while he said it.
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He did though. All the clips that we have are edited to show him finishing up and then "... Oh the camera is on...." The actual thing shows him leaving off camera for a few minutes and coming back.
 
I leaned toward Phil converting to a Chapter 13, but I've said all along he would walk. Probably the one thing that helped Phil is living where he does. The COL is high because high incomes in that area due to Tech and Boeing. I'd say a good portion of the bankruptcies in that area are 100k filers. Add in the constant sperging of autists emailing Nancy hourly. Also the optics of liquidating someone's primary residence in the midst of a pandemic. Well played Dave! Time to take that well deserved honeymoon. ACK ACK ACK.
 
People scam bankruptcy all the time. Added with Phil's unbelievable luck to seemingly walk unscathed through a landmine field while blindfolded and drunk on gin, and that Nancy is an old fossil who maybe would rather say "fuck it" than bother learning what "streaming" and "gacha games" are. Not a big surprise if he pulls another scam off sadly.
 
And by the way, Nancy agrees with me.

What is a discharge and how does the debtor receive the discharge?

A discharge releases a debtor from personal liability of certain debts known as dischargeable debts, and prevents the creditors owed those debts from taking any action against the debtor or the debtor's property to collect the debts. The discharge also prohibits creditors from communicating with the debtor regarding the debt, including telephone calls, letters, and personal contact.
The debtor is eligible for a discharge usually between 60 and 90 days after the Meeting of Creditors, as long as the debtor:
  • certifies (if applicable) that all domestic support obligations have been paid
  • has not received a discharge in a Chapter 7 or Chapter 11 case within eight years preceding the filing of the new case
  • has not received a discharge in a Chapter 12 or Chapter 13 case within six (6) years preceding the filing of the new case**
  • does not have a complaint against them which objects to the discharge or the dischargeability of a debt
  • has completed an approved personal financial management course. Click here for Official Form 23 - Debtor's Certification of Completion of Personal Financial Management Course.
** Note: When a new Chapter 7 case is filed, and a discharge was entered in a Chapter 12 or Chapter 13 case filed within the previous six (6) years, the court may not withhold the debtor(s) discharge. However, creditors and parties in interest may file a complaint objecting to discharge under 727(a)(9).
Every debt is not discharged. There are exceptions to the discharge, which include, but are not limited to:
  • debts for alimony and child support;
  • most student loans;
  • debts arising from death or personal injury caused by driving while intoxicated or under the influence of drugs, and;
  • debts for criminal fines or restitution.

:stress:
 
This is just an automatic update. I'd wait until we get an offical update from the trustee before everyone starts believing the pigroach won.
 
iLoveDoe powiedział(a):
I'd personally wait for SoapQueen's analysis, he seems the one who knows better.
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I'm waiting for this as well. Surely, surely, after the extended meeting, demands for 6 month's of statement, refiling, conversion to an asset case and expenses that could be disproved with a few minutes of research, actual legal experts aren't just going to take his word and let him waddle off into the sunset
 
RemoveKebab powiedział(a):
This is just an automatic update. I'd wait until we get an offical update from the trustee before everyone starts believing the pigroach won.
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It seems pretty legit to me after reading the PDF.
1588765614210.png
 
The_Penultimate_Warrior powiedział(a):
I'm waiting for this as well. Surely, surely, after the extended meeting, demands for 6 month's of statement, refiling, conversion to an asset case and expenses that could be disproved with a few minutes of research, actual legal experts aren't just going to take his word and let him waddle off into the sunset
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The dude lied so much and generally has no idea what the fuck is happening. If he gets away with this shit there is no hope for the world.

Let's just hope Nancy does her job.
 
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