From the ArcaMax Publishing, Sports Update Newsletter:
http://www.arcamax.com/news/sports/s-375006-515290
NEWPORT NEWS, Va. (UPI) -- Former NFL star Michael Vick, whose career
was sacked last year by a federal dogfighting conviction, has filed
for Chapter 11 bankruptcy in a Virginia court.
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.