Michael Vick files for bankruptcy *update* | The Frugalista

Michael Vick files for bankruptcy *update*

by frugalista on July 8, 2008

Michaelvick Poor Michael Vick. Seems like his finances are going to the dogs. He filed for bankruptcy protection in Virginia this week. I guess prison football doesn’t pay as much at the NFL. Vick cited debts of $10 million to $50 million . He listed assets valued at between $10 million and $50 million, according to the article. It’s a doggone shame. heheh

*update* So I ran across this article. It seems that it’s no surprise that Mr. Vick decided to file for bankruptcy.  He bought a home in Florida in the midst of all his legal drama, knowing it would be hard for him to lose the expensive condo, according to the article.

What do you think about Michael Vick filing for bankruptcy? Do you think he had too many family members on his pay roll? Do you really think he’s bankrupt?

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