Eagles QB Michael Vick Ready To Wipe Out Bankruptcy With $20M In Debt Repayment

Discussion in 'Philadelphia Eagles' started by SRW, Sep 4, 2013.

  1. SRW

    SRW Ex-World's Worst Site Admin

    Michael Vick will soon repay $20 million in debts to dozens of creditors, thus clearing himself of the bankruptcy arrangements that at one point threatened to forever cripple him financially.

    The Virginian-Pilot of Norfolk, Va. reports that Vick, who was sent to prison on dog fighting charges, lost millions in salary and endorsement deals and was chased relentlessly by creditors, is nearing full repayment.

    Vick, the starting Philadelphia Eagles' quarterback, made life-altering changes after being released from prison four years ago. Since then, he has appeared to be nothing short of a model citizen who has fought to regain his place in the NFL and in society.

    "It was a problem life dealt me," Vick told the Pilot about having to file Chapter 11 bankruptcy before going to prison. "The most important thing to me was just to get myself back to doing what I love to do: play football. I was blessed to be able to come out of prison and get my body back in shape to play."

    His bankruptcy case is still pending in U.S. Bankruptcy Court in Norfolk, Va. According to the Virginian-Pilot, the case will be settled in coming months.

    Source: Sporting News
     
  2. Steve12

    Steve12 The night is dark and full of terrors

    He really has handled this whole situation very well. It's really cool when athletes actually go through the trouble of bettering themselves, as opposed to just putting on a public face and continuing in their same path.
     
  3. Diesel44

    Diesel44 Serial Killer

    He should be proud of the way has risen from the lowest depth of being a convicted felon to back to lawful civilian.
     
  4. ICECOLD

    ICECOLD 1st Stringer

    Good for him. Way to rep 757 the positive way
     
  5. Tarkus

    Tarkus The Thread Stalker

    Props for everything but ^^that^^. You were not only the player in the game but also the dealer...