Michael Vick’s Chapter 11 Bankruptcy Plan Approved
… via Wikipedia
According to an article in the Washington Post, a bankruptcy judge approved Michael Vick ’s bankruptcy plan to repay creditors. Michael Vick’s creditors, who are owed more than $20 million in total, ratified the bankruptcy plan to repay them based on his future earnings and the sale of his assets.
The article said:
“Vick signed a contract with the Eagles that pays him $1.6 million this season, with a team option for next season for $5.2 million…a payment …
Tags: Bankruptcy Credit card Debt Finance Michael Vick United States Washington Post
Permalink: /breaking-news/michael-vicks-chapter-11-bankruptcy-plan-approved/



