Report: Michael Vick close to financial freedom
Philadelphia Eagles quarterback Michael Vick is reportedly 'one check away' from complete financial freedom...
Philadelphia Eagles quarterback Michael Vick is reportedly “one check away” from complete financial freedom. Vick filed for Chapter 11 bankruptcy nearly four years ago but has been paying off creditors more consistently thanks to his lucrative contract with the Eagles and endorsement deals. TMZ reports:
Michael Vick is conquering his economic demons with a VENGEANCE — tackling creditors in his bankruptcy case left and right … and TMZ has learned, he’s just a paycheck away from total financial freedom.
You’ll recall … Vick filed for Chapter 11 bankruptcy in July 2008 after the infamous dog-fighting scandal — when he lost his NFL salary and several lucrative endorsement deals. According to court docs, Vick owed approximately $20 MILLION to dozens of creditors.
But Vick’s been busting his ass to pay off his debts ever since he was reinstated with the Eagles in 2009 — in fact, according to a new filing in his bankruptcy case, he’s already reduced his outstanding debt to less than $400,000.
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