[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

    Votes: 126 18.1%
  • Changed to Chapter 13 and ultimately fails to make his required payments

    Votes: 218 31.3%
  • Chapter 13 and successfully completed all payments

    Votes: 19 2.7%
  • Complete dismissal of the bankruptcy

    Votes: 334 47.9%

  • Total voters
    697
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He filed Chapter 7. That means the WAkhando has to be gone, right?

Why is it listed as a single family home instead of a condo/townhouse. His claim of monthly $350 maintenance = dues will give it away immediately.
Can't the courts compare his reported income with his federal and state returns? Can do the same for the ridiculous $5k/mo business expenses.

He is such a liar.
I would assume that's what they would need to determine his financial status. They certainly can't take everyone's word for it.

And why does he need a payment plan to pay a $335 fee?
 
this is next

the minutes should be available but unsure where

DDA8F2FD-2276-4AEF-A8D4-20B586BC3A07.jpeg
 
You can claim a portion of your house as a business expense but there are rules. Onision had some IRS drama where he tried to claim his house but he wasn't using it enough or something.

This is called a "home office" and it isn't just what DSP has probably done which is just declare anything he does at home to be "home office" shit. It has to be visibly segregated from the rest of the property and what you have there has to be used solely for business use, not just mixed business and personal use. At least tax-wise if you have a home office you can do things like depreciate the purchase of equipment like electronics (like the electronics DSP claims he doesn't have any of), or even front load the depreciation multiple years in advance.

Not sure what the bankruptcy implications are but he isn't going to be allowed to just hand-wave $5K a month in imaginary expenses to make half his income disappear and qualify for better bankruptcy treatment. That's just such a huge red flag I am amazed a lawyer greenlighted such a ludicrous filing.
 
God damn I’m so happy to finally confirm kats shitty job at Fred Meyer. It should’ve been so fucking obvious with how much he sucked that places dick, like duh of course he would only brag and hype up a place his wife works at. Who marries someone with this much debt like Jesus Christ that dumb lady


Anyway, this is wild, every other hurdle in life was just training, if phil can bullshit his way lying through this he will truly become the ultimate pigroach
 
I really hope he lied to the Lawyer and/or filled this out himself, because if not he better bring Vaseline to the proceedings. I can sense an audit coming from the IRS. If he files taxes like he filed this paperwork then they are going to come knocking with a bigger bill. Talk about playing with fire.
 
Phil works from home and never leaves the house to socialize or go to events. So naturally he needs a 2017 car with only 5000 miles.View attachment 1124350

This just fucking goes. Washington's vehicle exemption is $3,250 for a single vehicle. A couple can claim two. Or he can claim the $4,000 federal exemption. But it isn't a Chinese menu and he can't pick one from column A and one from column B. He has to opt for one or the other.
 
So what document can we expect next? A notice of form received by the court or straight to judgement?

He is probably gonna get a court date and a summons. At which point he better get another credit card to pay his lawyer cuz if he goes in alone to try and explain this garbage he is gonna get dicked hard without lube.
 
That is what I am thinking too.
There is no way that she drives that 2017 Toyota to and from work and it only has 5k miles on it.

I am seeing so many discrepancies in what I am reading in the bankruptcy forms. We know from the things Phil has claimed over the years and the fantastic income reports we get here.
Fraud Saga incoming. :optimistic:
It's only a 6 mile drive round trip.
 
the best thing out of the entire meme, is he probably thinks he's safe now

he still has a few more hurdles to catch him out on his bs
 
Jesus fucking Christ, does he think this is Pokemon and he's trying to get every single credit card in the world? My dog would realize after the 9th credit card that signing up for #10 is a bad idea.

You dumb detractors just don't understand how adults do this. You sign up for a new credit card to pay off the minimum balances on the others, and then the rest of the credit limit on them is like, free money, dood.
 
12. Are you a sole proprietor of a business? No.
16a. Are your debts primarily consumer debts? Yes.

Oh, and I claim I spend $9200 in a month on my business.

If the lawyer actually verified this, holy fuck. Please tell me there's something more to this. I'm aghast.
 
DSP's baby was born in July! Only explanation I can think of for his expenses going from 5k to 9k in one month and then back down to 5k
 
12. Are you a sole proprietor of a business? No.
16a. Are your debts primarily consumer debts? Yes.

Oh, and I claim I spend $9200 in a month on my business.

If the lawyer actually verified this, holy fuck. Please tell me there's something more to this. I'm aghast.

I'm sure there's more to this and that it's going to get even more hilarious.
 
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