Roger Bull of the Florida Times-Union reports Mark Brunell has assets of $5.5 million, but liabilities of nearly five times that, according to his bankruptcy filing, the petition, filed Friday in U.S. Bankruptcy Court, lists $24.7 million in liabilities. The filing lists his only current monthly income as $5,000 as president of Mark Brunell Enterprises, which operates football camps. His wife, Stacy, also makes $5,000 a month from Mark Brunell Enterprises, for a combined take-home income total of $8,780. The filing says that the Brunells have monthly expenditures of $24,879, including $3,500 in real estate taxes, $3,887 in professional dues and agent fees and $500 as his 10 percent title to Southpoint Community Church. Over the past year, it said, he has given $155,000 to the church. His salary last year with the New Orleans Saints was $1.55 million and most of the debts are listed as personal guarantees that Brunell gave on millions of dollars worth of commercial loans involving several limited liability companies: Champion LLC, Core Development LLC, JWB Ventures LLC and JWB Owner LLC. Source: Florida Times-Union
