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Vick Sued By Canadian Bank

The Royal Bank of Canada is suing suspended Falcons quarterback Michael Vick for defaulting on a two-point-five-million-dollar line of credit he took out earlier this year.  The lawsuit says Vick is in default for numerous reasons, including that he failed to promptly provide a semi-annual personal financial statement and disclosure of his liquid assets as required by the loan.  The “Atlanta Journal-Constitution” reports the bank, which does business in the United States as RBC Centura, sent Vick a letter last month, demanding full payment by September 10th.  Vick reportedly did not not meet the deadline.  At the time of the lawsuit, Vick reportedly had a balance of two-point-three-million-dollars on the loan.

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