Source: Perez Hilton
This joint another sad reminder that the career of Michael Vick is essentially over. When he is released from jail he will basically be more of a hinderance than anything. From what I understand their will be animal right groups who will protest every move he makes. Money problems are piling up and PH has got the scoop:
Jailed dog abuser Michael Vick has filed for bankruptcy protection, according to new reports.
Chapter 11 documents filed in federal court in Virginia on Monday say Vick is between $10-50 million in debt.
Those legal bills are expensive!
The former football player also cites assets in the same range.
The court documents list seven creditors, including the Falcons, Vick’s old employers. The debt to the Falcons is for $3.75 million, listed as a pro rated signing bonus, but the documents state the claim is disputed.
Vick is currently serving a 23-month prison sentence in Leavenworth, Kansas, for his guilty plea in federal court to felony dogfighting charges.
His release date is July, 2009.
“He is in the process of paying his debt back to society for the federal prosecution,” said Vick’s attorney. “This will give him the opportunity when he gets out to start his life fresh.”