Michael Vick Bankruptcy – Former NFL star Michael Vick filed bankruptcy today from Leavenworth federal prison, citing debts between $10 million and $50 million.
The Michael Vick bankruptcy was expected because the disgraced quarterback had already lost two creditor lawsuits and faced several more large claims against his assets.
Vick also moved his legal residence to Florida where bankruptcy laws allow an individual to exclude his home from bankruptcy claims.
Michael Vick bought an $8 million condo in the “Icon” a luxurious high-rise in Miami’s South Beach, the same building where Miami Heat star Dwayne Wade lives, back in October of 2007.
According to the filings, Vick’s other debts include $4.5 million owed to Richmond-based Joel Enterprises Inc., and $550,0000 owed to Radtke Sports Inc. for breach of contract.
In May, a federal judge ordered Vick to repay about $2.5 million to a Canadian bank for defaulting on a loan. The Royal Bank of Canada sued Vick in September, arguing his guilty plea to a federal dogfighting charge and loss of his career prevented him from repaying the loan.
A default judgment for $1.08 million was also entered in January against Vick and a business partner in a lawsuit brought by Wachovia Bank over a loan for an Atlanta-area wine shop and restaurant.
And that’s the latest news on the Michael Vick bankruptcy.
Tags: marcus vick, michael vick, michael vick bankruptcy, michael vick files bankruptcy, micheal vick, mike vick, vick
July 8th, 2008 at 1:37 pm
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July 9th, 2008 at 1:50 am
I just love the pitbull chasing him. Wish in real life it would’ve ate him. He deserves more punishment than what is happening. Then look he moves to Florida so he don’t loose his house . He should , he’ll probably use the new one for dogfighting too. I’m a “petbull owner”, not a pitbull owner. They should have put him to sleep for ever. Thats what I think happened to the 27 dogs that went to California. Utah did execellent with the 22 they had. I’m so happy for the dogs. My 3 pitties say no to any Vicks out there. Please read between those lines.
woof woof woof,
from Sadie, Peaches, and Roo
and me too!!!!
August 3rd, 2008 at 3:38 pm
I wish yall would this shit go…damn if it was brett Farave or Payton Manning, yall would be saying different….he made a mistake in life and i sure you and the rest who have arts against Mike Vick done some bad things in life…I know God forgives and so do I and i will pray for you cause you need it as well as your mutts….My Prays is with Micheal Vick…hope you return soon.
August 27th, 2008 at 8:55 pm
Bernard Thomas Says:
August 3rd, 2008 at 3:38 pm
I wish yall would this shit go…damn if it was brett Farave or Payton Manning, yall would be saying different….he made a mistake in life and i sure you and the rest who have arts against Mike Vick done some bad things in life…I know God forgives and so do I and i will pray for you cause you need it as well as your mutts….My Prays is with Micheal Vick…hope you return soon.
What is a Yall??? I wish yall would this shit go….WTF does that mean??? It does NOT matter what Football player did this disgusting, inhumane things to these dogs. Mike Vick made a HUGE mistake & deserves what he got and more charges will be filed against him when he is released, I watched that show on Animal Planet about M.V. He lost Endorsements $$$$ his football career all because it was fun to fight Pitbulls. BTW Brett Farve is a PUSSY for crying on T.V. and now he’s back playing Football. Vick i hope you NEVER return!!!!!!!!!! Fuck you Benard Thomas!!
April 18th, 2009 at 7:08 pm
I have created a repository of Michael Vick bankruptcy documents on my website. I think you may find these to be interesting reading.
August 7th, 2009 at 8:25 am
Vick the Sick will never play again. He’s so stupid he doesn’t even know he’s stupid. He is first degree trash. He spent his first night out in a whore house, oh excuse me, a strip club. What a moron. he can be nothing but what he is. He can’t even PRETEND he’s changed. He has only gotten worse.
That thinks he will ever play football again proves how delusional he (or as I prefer to say, “it”) is. It is without morals, guilt, shame, or compassion. He is constitutionally UNABLE to feel these emotions. PSYCHOPATH. No cure. He’ll be arrested again for something soon enough. He can’t help it. It’s who he is. It has a reptilian brain, no offense to reptiles.
Good news for it, tho. It once said something like he didn’t know if people liked him or just liked his money. He won’t have that concern anymore. Bwahaaaaaaaaaa!