[Fresh27]

Former Atlanta Falcons quarterback Michael Vick, who is currently serving a 23-month prison sentence, has filed for bankruptcy protection in Newport News, Virginia on Monday. According to court papers, Michael Vick has debts between $10 and $50 million, while his assets also totaled between $10 and $50 million. The seven largest creditors of the disgraced quarterback were owed a total of $12.8 million, but the Chapter 11 petition did not provide any further details. According to the bankruptcy petition, Vick hopes he "can, after the conclusion of the bankruptcy case, rebuild his life on a personal and spiritual level, resurrect his image as a public figure, and resolve matters with the NFL such that he can resume his career."

The bankruptcy protection petition came as a result of Vick's unsuccessful attempt to settle a $4.5 million debt to Joel Enterprises Inc. for breach of contract. Prior, the Royal Bank of Canada sued Michael Vick and a federal judge ordered Vick to repay about $2.5 million to the Canadian bank for defaulting on a loan. And in January a default judgment for $1.08 million also was entered against the former NFL player by Wachovia Bank over a loan for an Atlanta wine shop and restaurant. The Atlanta Falcons also tried to recover $20 million in bonuses, but a federal judge held that Vick is entitled to keep all but $3.75 million of the money.

Michael Vick is currently serving a 23-month prison sentence in Leavenworth, Kansas for his guilty plea in federal felony charges related to dogfighting with release date of July 2009. Vick also faces state charges related to the dogfighting ring he pleaded guilty of bankrolling. He was subsequently suspended indefinitely without pay and lost all sponsors.


http://www.ogpaper.com/news/news-02211.html

oh boy, i wonder if he will get back on his feet after all this and whether or not the NFL will let him back in.......then even if they do, what team would take him?

[2K8]

i still believe in Vick, he'll find a way to get outta this

[vcfan15]

^Me too. He went from one of the NFLs biggest stars to this.

I mean he used to be my favorite player. I still think hes got it in him to play, isnt he playing for the jail team? All he needs to do is workout hard try to stay in shape, and not get stabbed

[Fresh27]

yeh i remember reading he was playing for the jail team. im sure he'll still be or atleast close to good enough physical capability to get back into the NFL but i dont know if any team would take him. id assume there would be angry fans wherever he went and teams wouldnt be that desperate to get the guy.

[can$k]

What did this guy do? I remember watching EVM mixes about him,he was the only player I knew from NFL.

[caleb3030]

Originally Posted by can$k

What did this guy do? I remember watching EVM mixes about him,he was the only player I knew from NFL.

he did dog fighting

which i dont see anything wrong with it and he shouldnt have gone to jail
they shouldve just taken all his dogs away and said not to do it again
but hes black so they threw him in jail

[Fresh27]

^it was discovered that he was helping fund dog fights held at his property. he also took part in the killings and was involved in the gambling side of it all. thats pretty much the short of it, that i can think of.


there were also a few things he did before that which ruined his image....Ron Mexico anyone?

[Fresh27]

Originally Posted by caleb3030

which i dont see anything wrong with it and he shouldnt have gone to jail
they shouldve just taken all his dogs away and said not to do it again
but hes black so they threw him in jail

i agree with you that he shouldnt have gone to jail but the media made the situation out of control and then the public made it much worse

[Crippa]

Sad to hear, but he is an idiot and there's no question about that. I read somewhere that Vick was always this type of person, into the gangster type lifestyle, and we could see with his dog fighting. Real disturbing stuff.

About the NFL comeback, he probably won't come back. However, he will be even more fit when he comes out than he was when he went in. All a person can do in prisons is work out, and eat small amounts of food a day.

If he does come back which is unlikely, expect him to be a Running Back. I'm assuming with all the muscle he's put on and the speed he will still have, RB would be a great position for him.

[julian17]

Whats next for Vick, i highly doubt that the NFL would him back