LogFAQs > #933065224

LightningAce11 posted...

https://mobile.twitter.com/DSPArchives/status/1217958417656098816

Detractors are causing his depression, dood!

I wanna react to this with what happened on stream, because this is rather telling.

Phil has finally admitted to being foreclosed upon. It's weird though, since the court documents are public, and since day 1 of them being openly available, he's been banning anyone bringing it up.

He's also said that Midfirst Bank approached him to resolve the issue outside of court, but Phil pretty much ignore the hand extended to him. I cannot for the life of my grasp why he would do this. Maybe he truly believes that the bank will take the L. Bit he didn't seem that worried. I still have absolutely no idea what his endgame is here, but I doubt whatever the outcome, it will make Phil look bad.

Given the fact that we know that Midfirst has taken this to court and Phil failed to show up (he didn't adress this) Phil already is in a very poor situation to resolve this, so when they start to crack down on him, it won't be pretty.

I honestly don't understand why you would default on over a hundred thousand dollars, the fact that he is trying to ignore this makes him look really bad, and given his income, I doubt any court would take issue with taking literally anything of value of Phil.

And that brings me to the tweet, he says that the bank is most likely to go after his statues, because of their worth. And funnily enough, that is what he seemed most worried about. I really have no idea what Kat knows about all of this. But damn, if I found out my spouse was blowing tens of thousands of dollars on a mobile game, and is being foreclosed upon for over 100.00p dollars I would get the fuck out of there.

And unless I got it wrong, Phil wants to declare bankrupcy. It seems HIGHLY unlikely given Phil's income.

Chapter 11 seems his best bet, since he does own a business and will try to work out a payment plan with the bank. But the bank will be vicious on this, given his income being over 100.00p dollara yearly. They won't give a shit where all the money is going, especially a mobile game. So Phil will be denied trying to set up the bare minimum.

And he outright doesn't qualify for Chapter 13, since he doesn't have a normal wage or a normal situation (2 houses, and again, over 100.000 dollar income annually).

The 1800 dollar goal back in October was to retain a lawyer for this situation, this once again lying what money is for, and literally making his audience pay for a situation he created. And I have a really REALLY fucking hard time believing that a lawyer would advice him to file for bankrupcy given his income. But we know that Phil already is a damn unreliable source of information.

It ended gloriously though, Phil had a meltdown, got angry at all of his chat for bringing up the WWE game, complete with flipping the bird on camera. Phil also was mad at people spilling inofrmation about the situation and reitterated as always that detractors take a small piece of truth and spin it. Here is the deal however, the fucking documents of this saga are publically available.

There is no spinning of words here, there is no wrong interpretation. There is no wondering wether Phil is lying or telling half truths. There are just the official documents. And my guess is that is what pisses him off the most in the end, he cannot control the narrative anymore. This whole thing isn't going to end the way he thinks, because he seemed to believe that just in 6 months, he'd be on track on fixing the situation.

If it was THAT fucking simple, why would it have taken him years to get there? He truly is delusional if he actually believes that filing for bankrupcy is going to work, or work the way he explaines. And I refuse to believe that any lawyer worth their salt, would advice him to let the foreclosure happen. Because if it does, if the bankrupcy goes through, he is fucked for life.

And he doesn't seem to appreciate the gravity of the situation.

---

XboX GT/Steam/Wii-U - Nazanir