[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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I think what gets to people is that some of us have seen friends/family utterly destroyed by debt caused by no fault of their own. I've seen two families utterly annihilated by medical debt. Phil isn't completely out of the woods, but he exploited and gamed the system and will suffer no consequence for it.

However, as Null said earlier in the thread, sometimes you just have to bow to the absurd and laugh. This is eternal confirmation that Phil's luck stat is amazingly high.
 
dsp escaping tax collectors.jpg

Ascension of DSP into Chapter 7 (2020 AD)
(Below depicted tax collectors and detractors trying to stop him in vain)
 
"Always bet on Phil."
Phil is the kind of guy who if you played Monopoly with, would lose or mortgage every property he owns, yet will never land on your properties and allow you to finish him off. Just stuck in this never ending cycle of him dodging hotels by a hair's breadth, never able to get enough money to un fuck himself, but will never be finished by landing on the wrong square.
 
Best outcome was 13, imo. We'd get to watch him be held to a forced budget for years, with him and us knowing that one fuckup means he gets thrown to the wolves while he has to hope and pray that he could maintain his paypigs for that long without having any external financial issues, like getting even a temp ban from Twitch.

That would've been delicious, though we'll probably still get a form of that at some point because Phil never learns. He'll dig a deeper hole, not have bankruptcy to bail him out, and have to basically put himself on a budget in order to afford everything he insists on having.

Ultimately, his inability to adapt will be the death of him, quite possibly literally. Just look at how much he has aged in the last year.
 
At this point, I'm now convinced that not even the IRS can even take down DSP either. No matter how deep in the hole DSP is in, he will always find a way to get out of it.
https://youtube.com/watch?v=Oc8vrGjyqes

At this point I am fully expecting a clerical error from the IRS that erroneously and irreversibly awards Phil a $6 billion rebate.

Part of you has to start admiring his ability to not get what he deserves. Kudos to the bankruptcy system that just let's you do whatever the fuck you like.
 
Nope. MidFirst just got permission to continue with the foreclosure and potentially a deficiency judgment. What I'm not clear on is whether the deficiency is covered under this, since they've not actually carried out the foreclosure yet.

Taking that credit card debt off the table puts Phil in a really good position to both payment plan a 40-60k deficiency and buy even more mystery boxes, hoping to get the most homoerotic representation of a wrestler possible
 
$10,000 a month of "expenses"
$10,000 to $15,000+ a month of income.

Bankruptcy accepted!

The math doesn't lie.
 
Phil is the kind of guy who if you played Monopoly with, would lose or mortgage every property he owns, yet will never land on your properties and allow you to finish him off. Just stuck in this never ending cycle of him dodging hotels by a hair's breadth, never able to get enough money to un fuck himself, but will never be finished by landing on the wrong square.

Luck always runs out. At some point it does. This might be his peak and it is all downhill from here.
 
Taking that credit card debt off the table puts Phil in a really good position to both payment plan a 40-60k deficiency and buy even more mystery boxes, hoping to get the most homoerotic representation of a wrestler possible

Not sure why MidFirst would agree to a payment plan at this point, though, as he's demonstrated that he's perfectly content to flip the bird and say "I don't feel like paying you anymore". Maybe if he agrees to a lien on the WAkhando.
 
I think people need a deep breath and take a small step back just for a moment. Midfirst could sue and etc.

There's also the divorce and health problems issues arcs in the next seasons, don't lose hope yet my dear tractors.
divorce:
khet gets in an accident, phil somehow ends up inheriting several million dollars from khets long lost uncle (because he liked mah khontent, okay?)

health: phil gets every medical condition at once which causes it all to cancel it out, he lives forever
 
Not sure why MidFirst would agree to a payment plan at this point, though, as he's demonstrated that he's perfectly content to flip the bird and say "I don't feel like paying you anymore". Maybe if he agrees to a lien on the WAkhando.

That certainly is their logical and reasonable starting position. Phil's logical and reasonable starting position is "I don't have 40-60k sitting around, so what the fuck are you gonna do if not accept a payment plan?"

Meeting somewhere in the middle with a lien seems likely
 
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