Christian Dorsey bankrupt

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I’m somewhat confused by all the numbers. Article states mortgage debt around $484k. According to Zillow he bought his home in 2008 for $625 and now estimated at $797. Says he was served notice of foreclosure on 9/26. Why not just list it for $750 to try to sell and pay off debt and rent an apartment for a couple of years to get your finances in order?



Because that is something a financially responsible person would do. Someone who has over $80,000 in credit card and personal loans is not financially responsible.


And is incredibly vulnerable to being bribed...


This thread is far into stupid.


Are you serious? This kind of financial kerfuffle would prevent you from even the lowest security clearance level.


Forger security clearances. You can’t get any job that deals with finances/budgets without a financial background check. A personal bankruptcy pretty much guarantees you won’t get any job that touches money.
Anonymous
Anonymous wrote:
Anonymous wrote:I’m somewhat confused by all the numbers. Article states mortgage debt around $484k. According to Zillow he bought his home in 2008 for $625 and now estimated at $797. Says he was served notice of foreclosure on 9/26. Why not just list it for $750 to try to sell and pay off debt and rent an apartment for a couple of years to get your finances in order?



Because that is something a financially responsible person would do. Someone who has over $80,000 in credit card and personal loans is not financially responsible.


This. It’s a shame the county has people with so little self-awareness that they’d claim the expertise to manage a county when they can’t even manage their own personal finances.

How do we remove this deadbeat from office?
Anonymous
Anonymous wrote:I’m laughing at the implicit notion that Audrey Clement or Arron O’Dell would have been a better option than Dorsey, even with the bankruptcy.


If Dorsey hadn’t run another competent Democrat could have taken his place.
Anonymous
No wonder he didn't say anything about the ATU689 donations. He needed the money lol.
Anonymous
Anonymous wrote:
Anonymous wrote:I’m somewhat confused by all the numbers. Article states mortgage debt around $484k. According to Zillow he bought his home in 2008 for $625 and now estimated at $797. Says he was served notice of foreclosure on 9/26. Why not just list it for $750 to try to sell and pay off debt and rent an apartment for a couple of years to get your finances in order?



Because that is something a financially responsible person would do. Someone who has over $80,000 in credit card and personal loans is not financially responsible.


I'm not too familiar with bankruptcy but I'm assuming this means he has no other assets like a 401k? For being in his mid 40s, that just seems crazy to me! Since the house appears to be worth more than what the article says his mortgage debt is, I'm surprised the bank wouldn't allow him to refinance or something. It's not like he bought a $1 million house that's now only worth 700k. Makes me think he was never in a great position financially when he started the board gig.
Anonymous
From a Washington Post comment:

"Dorsey hid the fact that he was considering matters of major concern to the unions. Clement raised the issue of the donations. Dorsey said the donations were not an issue because he had not taken any action relating to the donations that could be improper (I think the suggestion was that a union contract had been approved or ratified). I don't recall his exact words but he took umbrage or pretended to and said "workers" ought to be able to support candidates they like. Well, individual workers did not write individual checks.

Now, I learn Metro was considering privatizing part of the Silver Line, and that this was a big issue for the unions. Dorsey was in executive sessions on this issue, and failed to disclose to WMATA the contributions by the unions to his campaign. He may have properly disclosed the contributions as a matter of Virginia law (or maybe not), but the Metro ethics matter was never mentioned at the forum.

I don't know whether the Metro ethics matter had been triggered, but I think Dorsey should have explained that these Metro issues were under discussion and he supported the unions' positions. That would have put the contributions in the proper context. Of course, he said nothing about his personal financial woes either, but I can understand why he would find those issues embarrassing. "
Anonymous
Anonymous wrote:
Anonymous wrote:I’m somewhat confused by all the numbers. Article states mortgage debt around $484k. According to Zillow he bought his home in 2008 for $625 and now estimated at $797. Says he was served notice of foreclosure on 9/26. Why not just list it for $750 to try to sell and pay off debt and rent an apartment for a couple of years to get your finances in order?



Because that is something a financially responsible person would do. Someone who has over $80,000 in credit card and personal loans is not financially responsible.


Depends on your assets or income.
Anonymous
I must admit, I feel kind of bad for the guy but agree that he and Arlington should rethink him being on the board. If nothing else, he needs to step away and look for a job that can pay him more to help get his finances back in order.
Anonymous
Is the Board just waiting this out and hoping people will forget about this?
Anonymous
Anonymous wrote:Is the Board just waiting this out and hoping people will forget about this?


Unless you want charges of racism, yes.
Anonymous
"Dorsey later told ABC 7 that he does not have the funds to repay the donation, but still plans to do so eventually. He also told the TV station that he has no plans to step down from the County Board."

The donation was only $10,000.

Omg, this guy is a mess. Fire his broke ass.
Anonymous
The whole Board is a mess!
Anonymous
Anonymous wrote:The latest:
https://www.arlnow.com/2020/02/13/county-board-considering-next-appropriate-steps-for-christian-dorsey/


The only logical solution would be to increase his board salary.
Anonymous
Resurrecting this with Arlington losing its seat on the Metro board.

So say Dorsey resigns, and Guttshall has to resign because of his cancer. That's two seats, with Libby locked in to win re-election.

There's no way Vihstadt can be stopped in a special election. Then it just takes one more to flip the County Board
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