Suspended Falcons quarterback Michael Vick filed for Chapter 11 bankruptcy in a federal courtroom in Virginia on Monday. Vick is claiming debts of 10-million to 50-million-dollars and has listed among his creditors the Atlanta Falcons for a claim of 3.75-million-dollars of a pro-rated signing bonus. Six other creditors listed include banks and Joel Enterprises, with a disputed claim of 4.5-million-dollars. Vick is currently serving a 23 month prison sentence in Leavenworth, Kansas on dogfighting charges.
Vick Files For Chapter 11 Bankruptcy
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July 9th, 2008
Matt Loede
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