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| Vick Declares Bankruptcy - |
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Ezgoing
Posted:
Sun Jul 13, 2008 3:36 pm |
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Vick Declares Bankruptcy
Posted By Scott Riddle In News and Comments | Permalink | 1 Comments print this article
From USA Today and Bloomberg -
In re Michael D. Vick, 08-50775, U.S. Bankruptcy Court, Eastern District of Virginia (Newport News).
Michael Vick has hit another low as he serves his 23-month federal prison sentence for dogfighting crimes. The Bloomberg news service reports he has filed Chapter 11 papers in U.S. Bankruptcy Court in Newport News, Va., citing debts of $10 million to $50 million.
Vick's filing also said he has assets in the $10 million-$50 million range and his lawyers' papers said the former Atlanta Falcons quarterback hopes he "can, after the conclusion of the bankruptcy case, rebuild his life on a personal and spiritual level, resurrect his image as a public figure, and resolve matters with the NFL such that he can resume his career.'' ....
The Atlanta Falcons are owed $3.75 million for a ``pro rated signing bonus,'' according to the filing. Other of the largest unsecured creditors listed include Joel Enterprises Inc., owed $4.5 million for breach of contract, and Royal Bank of Canada, owed $2.5 million for a real-estate loan.
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Joined: 06 Mar 2007
Posts: 746
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olympic
Posted:
Sun Jul 13, 2008 11:33 pm |
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http://www.refugeesunleashed.net/viewtopic.php?t=15375
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Joined: 18 Dec 2006
Posts: 1683
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Ezgoing
Posted:
Mon Jul 14, 2008 8:54 pm |
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Thank you Olympic. I had not seen this before obviously. I do hope that he never, ever gets to play football on an NFL team for a huge amount of money again.
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Joined: 06 Mar 2007
Posts: 746
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Siddalee
Posted:
Mon Jul 14, 2008 9:36 pm |
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He is supposed to be paying for the care and training of his dogs - hope he doesn't get off of that.
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Ya-Ya!
Joined: 23 Mar 2006
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