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CM ECF U.S. Eastern District of Kentucky Version 6.1 CM ECF U.S. Eastern District of Kentucky Version 6.1(43)Deric Lostutter has filed paperwork with the court claiming he is broke. I would suspect that this is an attempt to get out of paying the fine he owes the court as part of his sentencing.

CM ECF U.S. Eastern District of Kentucky Version 6.1 CM ECF U.S. Eastern District of Kentucky Version 6.1(44)In examining the submission by Deric, I found a general outline of what had been his lifestyle and also some interesting financial information that came out.

As part of filing such an appeal with the court, Deric is required to submit a highly detailed report outlining his assets and liabilities as well as anyone dependent on his income along with their assets and liabilities.

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What is interesting here is that Deric has claimed to have gone from an income of $3000.00 per month to a current $315.00 income for the past month and what would be expected next month. Keep that amount in mind for it will be important later. Another entry to take note of is the $535 that his wife gets per month in “food assistance.” Deric did not count this as income.

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The first thing we learn or can assume is that Deric is only working part time at a local fast food restaurant. He is making a bit more than $75.00 a week (or so he claims) since May of last year. That brings up more questions later on.

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Now here you can see that Deric is claiming that both he and his wife are in the red. He is claiming to owe $635.00 in business related debts and his wife apparently is over drafted in her checking account.

Between them, he claims they only have $32.oo cash in their possession. When one reads the new FreeDeric twitter account, some entries there point out some things that would call this and other claims in his filings into question.CM ECF U.S. Eastern District of Kentucky Version 6.1 CM ECF U.S. Eastern District of Kentucky Version 6.1(48)

Now Deric lists the value of his 2007 Saturn Aura at $1500. Being in the automotive sales business, I was a bit curious how he came up with this one.

I spent a bit of time going through dealer listings all over the country for this car and assumed it was over 100 k miles which drops the value considerably. This listing was in the middle price range with some coming in more and some a bit less.

Cars for Sale Used 2007 Saturn Aura XR for sale in Jacksonville FL 32210 Sedan Details 412211170 Autotrader

If he is only putting a value of $1500.00 on that thing, I would put my ass on a plane with a cashiers check in the morning to take it off his hands. There is a bit of a problem, however, more on that later.

He also left the registration number blank. That is usually either the vin or plate numbers so that the government can check for themselves on what the thing is worth.

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Here Deric is declaring that neither he nor his wife is expecting any money from anyone. Apparently their donation sites are not doing well.

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Next we see that he has a 9 year old son along with his daughter living with him. Note that nobody remembers seeing any images of his son on any of his internet accounts.

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Now this is where things get really interesting. One notable expense is ENTERTAINMENT. Deric claims to only make $315 a month yet is able to spend more than half of his income on entertainment.

Now comes another interesting entry, $30.00 per month for clothes. Normally when people buy clothes, they last a while. Also you can get great deals at thrift stores and Goodwill.

Murtwitnessone on Periscope Untitled (14)

I guess Deric can use the excuse he needs the money for suits for when he goes to court. Which is something he seems to do a lot.

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Now he claims to owe no taxes which is rather odd and also note his car payment. $288 a month for a car he claims is only worth $1500.00???

Another thing to point out is that he has a $140.00 insurance payment on top of this. I would assume that he had to have full coverage on the car and with the usual deductibles put in place by insurance companies, he is likely only able to get $500.00 in the event it is totaled in an accident.

Now if that is not enough to leave people in wonderment, let us explore these next entries:

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If I read this correctly, the amounts on the right belong to the wife. Note that there is a $275 alimony amount that is paid OUT by her. There is also a monthly amount of $150 for a credit card installment. If she is paying the minimum amount, that means she has around $3000.00 give or take in either credit debt or line of credit.

He is putting his total debt on his end at $3253 which begs the question as to how is he able to afford to keep his apartment and car when he is only making $315.00 a month.

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The last entry reveals that He has either paid or claims will be paying $4700 in legal fees. I had heard that he was being represented pro bono but if this claim is correct, he actually paid for his legal representation and got off fairly cheap.

By studying this submission, I am sure the court is going to have a lot of questions one of which is how Deric is able to have such an enormous amount of debt when he is only generating a fraction of the funds needed to do so.

I am also wondering if the court is going to do an audit of his various donation sites and other accounts to see if they can prove or disprove his claims.

One other thing that Deric left out is what about all of his taxes and license fees? As a business owner he has to file a 1099 on his business. He also has to file a w2 on his employment regardless if he had to pay taxes or not. The court will want to see those. And what about renewing his auto tag. In NC that is somewhere between $50 and $75 bucks. And if the court sees the new twitter account, will that raise someĀ  concerns by the judge?

I think Deric may have gotten himself into more trouble which seems to be a talent of his.

Stay tuned

MURT

 

 

 

 

3 Comments

    • Samantha
    • Posted March 23, 2017 at 3:03 am
    • Permalink

    So you just do this in your free time for no compensation? Are you nuts?
    By the way- Deric is a famewhore what did you expect? He is going to capitalize on this as much as possible. The people who purchased the “rights” to his story now have the responsibility to find the truth which isn’t hard to find. Deric is no hero.

      • MURTWITNESSONE
      • Posted April 1, 2017 at 8:00 pm
      • Permalink

      I have been told I am nuts. You are correct that I am doing this on my dime. Blogging and webcasting are hobbies of mine and I have not sought any contracts, book deals etc. I am strange that way.

      MURT

    • LoserLostutters
    • Posted March 23, 2017 at 2:56 am
    • Permalink

    Jenny pays child support for her 9 year old son not alimony….that 9 year old Deric is not even allowed to post pictures of online let alone be in the same room with per KY custody court.


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