We Won! We Won!

Not to rain on the parade following this week's foreclosure sale and the events that have followed, but though all the celebration amongst haterz™ today, we're reminded of Chris Rock's reaction after OJ was acquitted and thousands of African Americans chose to celebrate in the streets, shouting "we won!"

"What did we win?"

As reported on CI this morning by "neighborhood dot," it seems that the rented Budget truck was outside along with an SUV, dad's pickup and -- inexplicably -- a couple of convertibles.

Yes, the Serin Crime Family have been evicted from their home. Casey bears much of the blame for that, both by convincing his parent's to guarantee much of his recent debt, and then by convincing him to follow all his "mortgage elimination" crap, file multiple bankruptcies, try to transfer the house into his name, and engage in all sorts of other actions of dubious benefit and questionable legality. It must be remembered that when they first filed for bankruptcy, the parents were offered a pretty sweet Chapter 13 repayment plan that wiped out all the rest of their debt, left them in the house and set them up with a monthly payment that their salaries could afford, especially if they had some contribution from Steve. But they couldn't bother with that. They continued to not pay, to sit in the house, and to file again, and again, and again.

We were convinced they would file again to delay things further. After all, the parents filed. Then mom filed independently, and subsequently the interest in the property was (illegally) transfered to Casey who filed chapter 7 himself. It seemed that Papa Serin could still file on his own to delay one more time, but for whatever reason he failed to. Maybe he was just fed up. Maybe Casey was bored. Or maybe the odd dismissal of Casey's bankruptcy for reasons unknown put them on warning that there were possible consequences to the continuing fraud.

In fact, we have to wonder if the odd dismissal of Casey's bankruptcy also explains his sudden disappearance, apparently to live in a Jamaican shithole as we mentioned earlier this week.

And that brings us back to the question: "What did we win?"

We're not sure.

Certainly, there is some pleasure in seeing the Serins punished for their apparently endless support of their son long beyond the point where it was obvious to everybody with a brain that his activities were at the very least questionable, if not actually illegal. And it's hard to find a problem with kicking them out after they troubled the bankruptcy trustee to come up with an equitable settlement, then failed to make a single payment.

But through this all, Casey was still not punished. The haterz™ may have won a small battle, but we haven't really won.

Casey, as far as we know from his Facebook posts, remains a free man-boi in Jamaica. He hasn't been forced to admit his failure, or to be punished for it. True, he's living in a shithole while masquerading as being an island entrepreneur and has no home to come back to. He may be forced to become a drug mule to escape and his life is likely to remain miserable by any normal standard. But as we've often noted, he doesn't live by normal standards. He's gone to Jamaica without paying for it and the haterz™ have not, therefore he's superior in his mind and will continue to be so.

That ends up being the most frustrating thing about this saga. It's hard to declare victory over somebody who can't acknowledge how pathetic and miserable he's become. We may have won. By any normal standard, we won long ago, but somehow Casey isn't defeated. We await that.

And that's the way things are here at FalseCasey HQ, where we can't be foreclosed on because we don't own the place and we pay the rent every month.

Thanks Son, We're Broke!

The details are in and it's clear that the Serin parental units have filed a Chapter 13 bankruptcy petition and repayment plan, apparently to avoid foreclosure on their house, trampoline and Casey's guest cell in the basement.

Reading through the filings, it's tough to say how much of the amazing credit card debt is related to Casey, but we believe a significant proportion of it is. Obviously, we have no way of knowing whether it's that debt that pushed them over the edge, or whether it would have happened in any case. But its clear that a chapter in Casey and his family's life is now over. For now, the foreclosure proceedings against them have been stalled, maybe for long enough that his sister will be able to finish high school before they are forced to get out. Life will continue.

Sadly, life will also continue in a manner that allows Casey to mooch for the forseeable future, which is too bad.

The filings:

Bankruptcy filing and attachments

Repayment plan

Repayment order

And that's the way we are at FalseCasey HQ, where we still think it's better to rent right now.

Casa de-Serin Auction Tomorrow?

Somebody posting on Walrus's blog mentioned that the auction for the Serin castle will take place tomorrow. We have not been able to confirm this, but apparently the requirement to post a notice doesn't extend to the requirement that it be posted in a place that is internet-accessible. The only way to get such information seems to be to subscribe to a real-estate listing service, and we're not really willing to spend that kind of money just to find out.

Anybody in Sacramento willing to take a trip to the courthouse steps tomorrow to check it out and report for us?

We suspect that the auction won't actually happen. If the Serin's have a brain among them (which, we guess, they may not) and if they've managed to avoid any advice from their malignant son, they will file for bankruptcy immediately before the auction and hold off the proceedings. In foreclosure capitals like Sacramento that's taking more than a year to work through the system these days.

And that's the way things are at FalseCasey HQ, where not much is going on.

MyParentsAreFacingForeclosure.com

It looks like the end is near for the Serin family's property-owning days. According to the Sacramento Court records, the Notice of Default on their property has been changed to a Notice of Trustee Sale. This typically means that sometime in the next month the guy in the funny hat outside the courthouse will auction off the Serin home, just as he did with one of Casey's properties way back when.

We're not sure what Casey will do then. There has been very little leaking out about this and his Facebook wall has been invisible for some time. There was some discussion in some circles about the fact that Casey's debt was at least 10% of his parents' obligation, and while there's no real corroborating evidence, that seems about right to us. How it might be impacted by a parental bankruptcy is unclear.

Prior to going blank on Facebook, Casey also alluded to possibly traveling and leaving the country for a while. He was discussing WWOOFing as one possibility of getting to the island of his dreams, and also mentioned something about some guy with big plans for an island resort in Fiji who was going to hire him into a great "opportunity." It's unclear if any of this came together.

What is clear is that the Serin parents will be renters for a long time to come, probably in a more modest home which won't have space for a moocher in his own bedroom. Casey's future looks like it'll involve sleeping on the sofa in some 2-bedroom condo where his parents and younger sister each get a room and he gets told that he can have his own space when he gets a job and pays for it.

For Casey this will be a major disaster. Sleeping on the sofa will mean rising at a normal hour with the rest of the family. It'll mean no late-nite blogging and Facebooking. It'll mean no getting high and acting stupid. And it's now winter, so sleeping in his vansion in the inaccessible snow-covered foothills will no longer be an option.

It sucks to be Casey's family in the best of times. While we have our quibbles with the way they've handled the boi, we do wish them well through their hard times. It sucks even more to be Casey though, but at this point we find it difficult to wish him anything but the roughest of times as he has clearly earned them.

Finally, we wonder how Casey missed the opportunity to start a blog about all this?

And that's the way things are at FalseCasey HQ, where we're late but had to stick around long enough to pass this news along.