GunnlaugurSassoon
kiwifarms.net
[26 May 2021] Midfirst Bank Court Hearing - Another day off? I can’t handle this dood! I need dat money!
- Thread starter Massively Strong Greed
- Start date
It's not like we're rooting for MidFirst because they're great people anyway, they just happen to be on the opposite side of the pigroach in a battle. Were they together against some other entity, we would be hoping for MidFirst to accidentally roast him with some friendly fire. There are no heroes here, just assholes, and one of them is our lolcow.
Hadn't thought of that, but it doesn't amount to much if MidFirst bothers to crunch some numbers and decide it doesn't add up to a happy ending for them. That's what we don't yet know: whether they're out for some pigroach flesh, or just going through the proper channels to reclaim their property and wash their hands of Phil. It could really go either way because even as they know about his income, they must surely also know how combative he is about parting with any of it. Especially when he really owes it to someone. That could either discourage or incense them.
hundredthousand
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Whether he pays 2k or 20k, the usual 10-15 or so paypigs who are carrying almost every stream for him will likely be there to pay the bill for him as well.
Midfirst might as well instead just directly sue oic, jaxx raxxor, oroturtle, merdok, and the others. It would just save them the time of having to give Phil their money first.
Midfirst might as well instead just directly sue oic, jaxx raxxor, oroturtle, merdok, and the others. It would just save them the time of having to give Phil their money first.
Yeah, the one thing that could have actually fucked Phil financially, the bankruptcy, went away as if it were nothing.
After that one, I don't even pay much attention to these kinds of financial sagas. The man got away with bankruptcy fraud. I'm not expecting him to ever face consequences for his shitty money-related decisions.
I'm here for the long run, watching Phil become more and more ghoul-like and being supported by fewer and fewer people who are more and more retarded.
Those folks are business related and he still owns them. I agree about the limited amount of whales and the court docs should've just be sent to them.
It's far more about the inconvenience and message sent to Phil. We know how much he hates paying consequences for his actions, he was really feeling himself over successfully committing bankruptcy fraud, and getting whacked for the deficiency would put a damper on those good feelings of his. Especially since I have no doubt that he legit assumes himself perfectly safe here.
And that's if MidFirst does NOT try to put a lien on the Wakhando, which I'm not counting on even if they want their pound of pigroach flesh, but if they do that, it gets even better.
Hogan of the South
kiwifarms.net
The salt from it all will be worth it alone. Plus the extra burden on the pay piggies going already at a break neck pace is will be delicious too. Keep owning the trolls daddy. Oh yes!
All this talk about the confirmed 4300 on the hook don't forget in the event MidFirst sells the property how much it'll actually go for at auction.
SaidNoOneEver
kiwifarms.net
After the judge finishes reading his apology to DSP he'll then order MidFirst to give DSP another house and then appoint DSP President of the HOA by decree.
Mark it.
Phil should of been able to settle off the condo debt years ago and just to think, if he actually financially functioned like any other rational person. He would of been able to flip it and make a considerable amount of cash, especially during the conditions the markets are in ATM. The aspect he doesn't even bother to show up to the hearing shows how much of a nothing burger this entire situation is to him. One thing I can credit Phil on is, his understanding how to con the conmen that flip debt.
Whether intentionally or unintentionally, he managed to skate by some super serious consequences by playing the game the system wants. Weens as gay as they are, are going to assert that this is going to have any real consequences, beyond outstanding legal fees that he isn't going to responsibility pay. That will throw the wheelchair whales in full bands make Phill dance, and outbid each other to pay off his outstanding balances. Plus this will give him a surge of attention for his YouTube streaming endeavor.
My prediction is that this will be even less of a nothing than the bankruptcy hearing, but the lolz will be milked once Phil starts crying about how he has to pay these fees. He will probably dedicate a good chunk of July prestreams to going full paypig about his money problems. Weens will rage, Phil will whine, whales and piggies will drain their parents bank accounts to bail Phil out. Then the cycle will continue the next tax season.
Whether intentionally or unintentionally, he managed to skate by some super serious consequences by playing the game the system wants. Weens as gay as they are, are going to assert that this is going to have any real consequences, beyond outstanding legal fees that he isn't going to responsibility pay. That will throw the wheelchair whales in full bands make Phill dance, and outbid each other to pay off his outstanding balances. Plus this will give him a surge of attention for his YouTube streaming endeavor.
My prediction is that this will be even less of a nothing than the bankruptcy hearing, but the lolz will be milked once Phil starts crying about how he has to pay these fees. He will probably dedicate a good chunk of July prestreams to going full paypig about his money problems. Weens will rage, Phil will whine, whales and piggies will drain their parents bank accounts to bail Phil out. Then the cycle will continue the next tax season.
He will be on the hook from a minimum 4k all the way up to the 28k total if judge is free of pignosis. Wonder how he will spin it. Will he publicly admit he owes the 28k? How fast will the whales burn through that 28k? The letter said he should attend or have a lawyer present. Will he do he neither? lol
or will he need 4k for "taxes"?
or will he need 4k for "taxes"?
DiabeticSP
kiwifarms.net
Literally giving the condo is the ONE thing Phil wants out of this.
Thats the funniest part about this.
lol. He will get out of it with a no show july 27-28(think those are the next dates) but know the court/lawyer for MidFirst fees are going to be definitely his. It'd just be a cherry on top type of thing for me if MidFirst tries for the deficiency later on. I like the fact they milked him for HOA fees for so long too. Don't know if it'll happen but believe MidFirst has his "number".
If Midfirst gets the full amount, they'll put a lien on his Wakhando, not try and get it cash. Don't know about the lawyer fees for sure, but that would probably be the direct payment sought.
All a huge if, though.
wahkando
kiwifarms.net
i haven't kept up
will Phil actually have to pay anything or is everything about this wishful thinking?
is it confirmed he's on the hook for the 4k?
The 4k is guarenteed, I think because he didn't show up. The july 28th date is when judge decided if they get the full 23k.
I think you're getting your legal terminology wrong. The "Law Day" in the paperwork refers to the last day Phil (27 July) or the HOA (28 July) can buy out the property to prevent it from being seized in foreclosure. If they do nothing then there will either not be a hearing at all, or there will be a short hearing which transfers the deed to MidFirst with almost no way for Phil or the HOA to object.
Transferring the property to MidFirst is also nowhere near the end of the "does Phil owe $23k?" question: Legally speaking the deficiency will not exist until the property is sold at foreclosure. I don't think anyone expects someone to pay $23k over asking but at the same time MidFirst can't just file a debt lawsuit asking for an indeterminate amount. So the chain of events if MidFirst does try to collect will be sale -> assess the amount of the deficiency -> get a judgment confirming the existence and amount of the deficiency -> sue Phil in Washington. 29 July will only be the beginning of the first step (sale).
EDIT: Phil probably has one, maybe two, more chances to contest the $4k.
The first time will be whenever he receives that letter which just got added to the docket. So far as the court knows, Phil does not know about the award of fees because he/an attorney on his behalf did not attend the hearing or even acknowledge the existence of the foreclosure suit. This is why MidFirst sent him that letter, if they can prove he received it then they can tell the judge he was aware of the motion for fees but did not object. Conversely this also means that Phil could object to the fees when he gets the letter on the grounds that he could not have known beforehand.
At the risk of repeating myself Phil must affirmatively claim in court that these fees are unenforceable due to the bankruptcy discharge. The judge in this case clearly didn't think Phil's bankruptcy shielded him from these fees, so he can't just sit on his ass and expect the problem to solve itself.
The second time he could object would be if MidFirst files for a lien or garnishment. That will be a new hearing, most likely in Washington because Connecticut state courts will not have jurisdiction over Phil once the foreclosure is over. If they go this route Phil will have to make two defenses: First, that he is protected by bankruptcy. Second, that his objection is timely. The judge and MidFirst would be entirely within their rights to ask why he did not object when he first became aware of the motion to award fees.
At the risk of repeating myself Phil must affirmatively claim in court that these fees are unenforceable due to the bankruptcy discharge. The judge in this case clearly didn't think Phil's bankruptcy shielded him from these fees, so he can't just sit on his ass and expect the problem to solve itself.
The second time he could object would be if MidFirst files for a lien or garnishment. That will be a new hearing, most likely in Washington because Connecticut state courts will not have jurisdiction over Phil once the foreclosure is over. If they go this route Phil will have to make two defenses: First, that he is protected by bankruptcy. Second, that his objection is timely. The judge and MidFirst would be entirely within their rights to ask why he did not object when he first became aware of the motion to award fees.
EDIT X2:
Agreed about the lien on the Snort Fort but it would not be a huge deal for Phil. He has enough equity in the property that the deficiency + fees would not put him underwater or even close and his absurd financial habits mean his credit score will be appalling even after the bankruptcy is removed from his report in ~2027.
And I do not agree that they will get the $4k out of Phil through direct payment. Phil believes that the existence of the bankruptcy discharge makes him bulletproof to the point that he does not even have to respond to new filings. He's in the wrong here but if he just ignores mail or phone calls about the attorney's fees then garnishment or a lien would be the only other options available.
$4500 is also enough to make this approach worth pursuing: If it were only $45 MidFirst might just write it off as uncollectable because the cost of going to court would be greater than the amount they could recover. But when it's $4500 that's not going to be as big of a concern - this goes double for a relatively straightforward case. MidFirst doesn't need Clarence Darrow or William Jennings Bryan here, they just need someone reasonably competent.
And I do not agree that they will get the $4k out of Phil through direct payment. Phil believes that the existence of the bankruptcy discharge makes him bulletproof to the point that he does not even have to respond to new filings. He's in the wrong here but if he just ignores mail or phone calls about the attorney's fees then garnishment or a lien would be the only other options available.
$4500 is also enough to make this approach worth pursuing: If it were only $45 MidFirst might just write it off as uncollectable because the cost of going to court would be greater than the amount they could recover. But when it's $4500 that's not going to be as big of a concern - this goes double for a relatively straightforward case. MidFirst doesn't need Clarence Darrow or William Jennings Bryan here, they just need someone reasonably competent.
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Which may not necessarily result in there being a deficiency of $20-30k either, it just seems to be likely enough to call it a foregone conclusion that Phil's old condo will sell for less than what he owes. Also, there is the fact that Phil stopped paying them, quite some time ago as well, and for all we know, they're coming after that money through any means at their disposal.
Basically, it doesn't even matter what the deficiency is, or when it becomes a tangible thing. What matters is whether or not MidFirst wants to battle the pigroach or just move on from dealing with him. If it's the former, I don't expect any amount of logic to really dictate what happens from there, because that's uncharted waters. Nobody with some real power has ever had it out for Phil before, and naturally we're going to get perhaps too excited about such a prospect, because holy shit would it be fun to watch.
There was a movie or TV show or something I saw once where a group of people point out a suspect had taken out a life insurance policy like 2 weeks before a murder or suspicious death and the detective didn't think it was suspicious because "it seemed to happen all the time actually".
The story's fictional but I bet something like that happens all the time in bankruptcy proceedings where suspiciously convenient circumstances are routine and de rigueur
Its bugging me where I remember that story from, if anyone knows remind me kthxbye friend.
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