Jailbird QB Michael Vick filed for bankruptcy protection while serving time for federal dogfighting charges. It is claimed he owes between US$10 million and $50 million to creditors. Vick filed Chapter 11 papers in U.S. Bankruptcy Court in Newport News on Monday. The seven largest creditors listed in the court papers are owed a total of about $12.8 million. The debt includes part of a signing bonus that the Falcons are seeking to recover, as well as $4.5 million owed to Richmond-based Joel Enterprises Inc., and $550,0000 owed to Radtke Sports Inc. for breach of contract. The suspended Atlanta Falcons quarterback ``will seek to rebuild his life and career'' upon his release, according to the filings.
Being in jail is bad enough without have someone else in on his ass. At 3-cents per licence plate, Mexico's got a lot of work ahead of him. Other than Michael Strahan who would have thought that having ferocious bitches on your property would have cost so much.
Tuesday, July 08, 2008
Vick is broke
Posted by Alllegionoflegit at 7/08/2008
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