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- Filed for Chapter 11 status
- Filing took place in Newport News, Virginia
- Top seven creditors owed almost $13 million
- Owes $4.5 million to Joel Enterprises in Richmond, VirginiaESPN: Seven largest Vick creditors owed about $12.8 million (July 8, 2008)
- Defaulted on a $2.5 million loan from a Canadianbank
- Wachovia Bank sued Vick for $1.8 million over a business loan
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Former Atlanta Falcons quarterback Michael Vick has filed for bankruptcy while in prison. Court documents show that Vick owes creditors between $10 million to $50 million.
December 11, 2008: Creditors have objected to Vick's disclosure statement, which entails details on the former quarterback's finances. In the statement, Vick accounts for homes, luxury cars and boats, business interests, bank accounts and various miscellaneous expenses. Lawyers of Vick's creditors stated that the report lacks sufficient detail. AJC.com: Creditors object to Vick finance statement (December 10, 2008)
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Michael Vick Bankrupt Questions
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Was the Michael Vick press conference sincere? 2 AnswersI believe so. As bad as his acts were, he served his sentence, is working on improving in his life in all aspects. We are not to judge someone. Even Jesus, dyi... read more -
VIDEO: Do you think Michael Vick is really sorry, or just sorry he got caught? 11 AnswersJust got caught! I think the most interesting way you can see this is in the language of his statement. Not only did it focus on the specific community related ... read more -
PeTA wants Michael Vick to get a Brain scan for some adhoc Pathology disorder. WTF? 2 Answerslying - check manipulating others - Check enjoying others' suffering - Check being aggressive - check charming - perhaps, I never met the guy, but if they ... read more
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