I kind of want those credit card companies to lose that money. They knew what they were doing and that this idiot couldn't pay.
It's because Phil was probably making $200-300k/year then. They assume people making that kind of money aren't as stupid as Phil.
72 months.
Could he not get anything better with his credit?
Considering within the previous three years he'd bought a quarter million dollar home and racked up tens of thousands of dollars moving and furnishing it, his credit was probably absolutely fuckered.
I wonder if the tax debt hurt him real bad. He seemed to be paying the mortgage on the condo until April.
Seemed like a trap question by the trustee, and he fell into it. I think his lawyer tried to brush it off as she included the personal electronics into the 'furnishing' portion of his filings.
The Citibank guy claims he bought the Citibank portion of Phil's debt. A DSP mod was working to verify this, but said the site wide image chicanery was making it difficult. Citibank guy seems to know a little bit about debt collection going from his posts. He said his motivation to show up was to establish that Phil knew he was insolvent when he first met with Rochelle in Oct. 2019 so Phil would be on the hook for everything he put on his credit cards after that. Someone brought up the point that Phil knew he was insolvent in April when he stopped paying the condo and waited for it to go into foreclosure. It sure is interesting times for Phil. Nancy seems to know what's up and seems to have gotten briefed by detractors and a detractor buying part of his debt certainly threw a wrench in the works.
