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Vick Files for Bankruptcy
Vick, who is currently serving a 23-month prison sentence in Leavenworth, Kan., filed the papers seeking protection from his creditors.
Tuesday, July 8, 2008
Vick, who is currently serving a 23-month prison sentence in Leavenworth, Kan., filed the papers seeking protection from his creditors on Monday, the Newport News Daily Press reported Tuesday.
In court documents, Vick listed assets between $10million and $50 million and liabilities in the same range, with 30 creditors listed. Included were $4.5 million to a Richmond sports agent in a disputed breach of contract lawsuit, $3.75 million sought by the NFL's Atlanta Falcons from Vick's signing bonus, and $2.5 million remaining on a loan from the Royal Bank of Canada.
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