Michael Vick files for bankruptcy protection.

[wilheim]

Falcons among seven creditors listed in federal court filing.<!--endtext--><!--endclickprintinclude-->

Published on: 07/08/08

Michael Vick filed for Chapter 11 bankruptcy protection in federal court in Virginia Monday, citing debts of $10 million to $50 million.

One of the creditors listed in the court papers filed by the imprisoned Falcons quarterback is the Atlanta Falcons for a claim of $3.75 million as a pro-rated signing bonus. The claim is listed as disputed.

Of of the six other creditors listed in the court documents three are banks, including two that recently won judgments against Vick.

The largest creditor is Joel Enterprises, Inc. with a claim of $4.5 million. That claim is also listed as disputed.

Calls to Vick's attorney listed in court documents, Paul K. Campsen of Norfolk, Virginia, and the Falcons where not immediately returned.
Vick is currently serving a 23-month prison sentence in Leavenworth, Kansas for his guilty plea in federal felony charges related to dogfighting. His release date is July, 2009.

According to court documents, upon his release from prison Vick "will return to his home in Hampton, Va. and will seek to rebuild his life and career."

AJC.com

 

[FairWarning]

Michael and Marcus Vick coming to a reality show soon.

 

[ParanoidAndroid]

Man, there are debt holes and then there are HOLES! How the hell do you dig yourself out of $10Million+ in debts?

 

[gtc08]

everyone is filing for bankruptcy right now. im sure vick wont have anything to worry about financially.

 

[homedawg]

Feel bad for the guy. It's not like he is a murderer or woman beater.

 

[bigbet1234]

What a numb nut

 

[Biggamer3]

Falcons among seven creditors listed in federal court filing.<!--endtext--><!--endclickprintinclude-->

Published on: 07/08/08

Michael Vick filed for Chapter 11 bankruptcy protection in federal court in Virginia Monday, citing debts of $10 million to $50 million.

One of the creditors listed in the court papers filed by the imprisoned Falcons quarterback is the Atlanta Falcons for a claim of $3.75 million as a pro-rated signing bonus. The claim is listed as disputed.

Of of the six other creditors listed in the court documents three are banks, including two that recently won judgments against Vick.

The largest creditor is Joel Enterprises, Inc. with a claim of $4.5 million. That claim is also listed as disputed.

Calls to Vick's attorney listed in court documents, Paul K. Campsen of Norfolk, Virginia, and the Falcons where not immediately returned.
Vick is currently serving a 23-month prison sentence in Leavenworth, Kansas for his guilty plea in federal felony charges related to dogfighting. His release date is July, 2009.

According to court documents, upon his release from prison Vick "will return to his home in Hampton, Va. and will seek to rebuild his life and career."

AJC.com

He cant continue his career, Dogfighting is now very illegal

 

[TTinCO]

 

[Seymour]

Feel bad for the guy. It's not like he is a murderer or woman beater.

You ever hold a dog's head underwater in a bucket? While the dog fights desperately to get air? Me neither - only an animal could do such a thing

He's serving a measly 18 months - meanwhile people are serving far longer sentances for drug use.

 

[Syklone]

I just heard Michael Wilbon, on PTI, say he felt sorry for him. WTF?! He's getting exactly what he deserves. Idiotic statement from a journalist that licks way too much professional athlete ass.

I don't feel sorry for Vick one bit.

 

[bigtendominator]

I am usually very empathetic to most individuals, but I have hard time feeling any remorse for someone who has achieved what he has financially. At somepoint and time, you are responsible for your own actions. If you are too stupid to control your spending, then you don't even deserve the money to begin with.